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Erschienen in:
1989 | OriginalPaper | Buchkapitel
The Cambridge Group and the Developing Countries
verfasst von : Bela Balassa
Erschienen in: New Directions in the World Economy
Verlag: Palgrave Macmillan UK
Enthalten in: Professional Book Archive
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The policy prescriptions of the Cambridge Economic Policy Group (CEPG) for the United Kingdom are well known. They involve all-round protection of British industry that would allegedly permit reaching simultaneously higher output levels, lower unemployment rates, and lower inflation rates. Since first presented in February 1975, the views of the Cambridge Group have been several times and have been repeatedly subjected to criticism.1