Fiscal policy and structural transformation in developing economies
نویسندگان
چکیده
Abstract Developing economies with high levels of open or hidden unemployment face structural transformation problems. Unlike in mature there are no aggregate demand problems, and sustained stimulus can lead to a profit squeeze the modern sector deindustrialization. Adaptations ‘functional finance’ developing should aim stabilize level composition at values that consistent target rate growth sector. Populist temptations, however, may
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ژورنال
عنوان ژورنال: Structural Change and Economic Dynamics
سال: 2021
ISSN: ['0954-349X', '1873-6017']
DOI: https://doi.org/10.1016/j.strueco.2020.10.006