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Esteban Pérez Caldentey and Matías Vernengo

The year 2019 marked the 40th anniversary of the publication of Anthony P. Thirlwall’s classic paper titled ‘The balance-of-payments constraint as an explanation of international growth rate differences’ (Thirlwall 1979). This article introduced and provided empirical evidence in favor of the proposition that the long-run rate of growth of an economy compatible with balance-of-payments equilibrium can be approximated by the simple rule of the ratio of the growth of exports to the income elasticity of demand for imports.

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Edited by Thomas Palley, Esteban Pérez Caldentey and Matías Vernengo

2019 marked the 40th anniversary of the publication of Anthony P. Thirlwall’s classic paper that laid out what became known as Thirlwall’s law. This article introduced and provided empirical evidence in favor of the proposition that the long-run rate of growth of an economy compatible with balance-of-payments equilibrium can be approximated by the simple rule of the ratio of the growth of exports to the income elasticity of demand for imports.
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John A. Sandwick, M. K. Hassan and Pablo Collazzo

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John A. Sandwick, M. K. Hassan and Pablo Collazzo

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Zeti Akhtar Aziz

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John A. Sandwick, M. K. Hassan and Pablo Collazzo

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A Guide to Islamic Asset Management

Portfolio Investing with Sharia

John A. Sandwick, M. K. Hassan and Pablo Collazzo

This original book examines how investment theory and regulatory constraints are linked to the professional processes of portfolio investments, and how the principles of Islam as defined by sharia fit into these processes. It also explores the measures required to create and grow a global Islamic asset management industry.
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John A. Sandwick, M. K. Hassan and Pablo Collazzo

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John A. Sandwick, M. K. Hassan and Pablo Collazzo