Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/140118 
Year of Publication: 
1988
Citation: 
[Journal:] Intereconomics [ISSN:] 0020-5346 [Volume:] 23 [Issue:] 2 [Publisher:] Verlag Weltarchiv [Place:] Hamburg [Year:] 1988 [Pages:] 64-69
Publisher: 
Verlag Weltarchiv, Hamburg
Abstract: 
The existing balances on the current accounts of the major industrialised countries have given rise to demands, addressed particularly to German economic policy-makers, which amount to a revitalisation of the “locomotive theory”. However, were the world economy once more to be “reflated” in accordance with the “locomotive theory”, there would be a danger that the improvements in stability which have been attained would be sacrificed without actually solving the pressing international economic problems.
Subjects: 
International Trade
Persistent Identifier of the first edition: 
Document Type: 
Article
Document Version: 
Digitized Version

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