... financialization E12 F63 O11 The fundamentals of the conventional macroeconomic theory were shaken after the 2007–2008 international financial crisis, leading many well-recognized scholars to self-criticism [1] . Post-Keynesian macroeconomics, in turn, has always been critical to conventional...

... of this licence may be seen at http://creativecommons.org/licences/by/4.0/legalcode Structural change Intermediate goods specialization Keynesian macro increasing returns Reinterpretation of Kaldor’s technical progress function E12 E22 O11 O14 O50 The demand-led perspective can...