Home » Dynamic Models for the Inter-Relations of Real and Financial Growth by H. Ekstedt
Dynamic Models for the Inter-Relations of Real and Financial Growth H. Ekstedt

Dynamic Models for the Inter-Relations of Real and Financial Growth

H. Ekstedt

Published June 30th 1991
ISBN : 9780412353505
Hardcover
237 pages
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 About the Book 

The high growth rate in many industrial countries during the first two decades after World War II produced a financial expansion, which in its turn made possible an extension of the growth process. But it also led to a financial crisis, whenMoreThe high growth rate in many industrial countries during the first two decades after World War II produced a financial expansion, which in its turn made possible an extension of the growth process. But it also led to a financial crisis, when increasing costs during the 1970s created growing deficits in the balance of payments and the government budgets in many countries.