Essays in Honour of A.P. Thirlwall
Edited by Philip Arestis, John S.L. McCombie and Roger Vickerman
Chapter 1: The Implications of Thirlwall’s Law for Africa’s Development Challenges
1. The implications of Thirlwall’s Law for Africa’s development challenges Mohammed Nureldin Hussain* In the long run, no country can grow faster than that rate consistent with balance of payments equilibrium on current account unless it can finance ever-growing deficits which, in general, it cannot (A. Thirlwall, 1979). INTRODUCTION I first met Professor Thirlwall in 1978 when he was visiting the University of Khartoum as an external examiner for the Department of Economics. At the time I was a newly recruited teaching assistant in the department, and as the youngest staff member, I was pleasantly assigned to look after the social program of the Professor and his family, who had accompanied him to Khartoum. That brief encounter with the Professor was instrumental in resolving a personal quandary: the dilemma of making a choice among the many reputable universities in the United Kingdom and the United States that had accepted me to pursue my postgraduate studies. Impressed by his person and intellect, I joined the University of Kent in 1978 as an MA student. My relationship with Professor Thirlwall grew over time: he was my mentor,1 my lecturer, my PhD supervisor, and then, Tony, one of my best friends. It was Tony who first introduced me to the publication business and taught me how to tolerate rejections and to knock on all doors if I had a genuine point to make. With this sprit, we have worked on two models both of which have generated extensive debates. Our work on...
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.