THE LIMITATIONS OF THE SPECIAL CASE

Authors


  • 1 I am grateful to Mr. Fei, Mr. Jolly, Mr. Kennedy, Mr. Reynolds, and Mr. Worswick for comments on an early draft and to Mr. Streeten for an extensive critique, which has been of great help. I would like to take this opportunity to express my gratitude to the Economic Growth Center at Yale, which provided me with the respite from practical work and the professional stimulus to write this and other papers. The general argument was put forward in a discussion group of which co-organizers were Mr. Grunwald and Mr. Lamfalussy.

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