Munich Personal RePEc Archive   Afxentiou, Panos and Serletis,
Apostolos (2000): Output growth and the variability of exports
and imports growth: international evidence from Granger
causality tests. Published in: The Developing Economies , Vol.
38, No. 2 (2000): pp. 141-163.   Download (66Kb) | Preview
Economic development was from the very beginning the focus of
classical political economy and presently retains its original
human welfare mission and intellectual attraction through
insightful anthropological, sociological, and historical
investigations.1 Within the context of complex and constantly
evolving sociospheres, the objective of a sustained better life
for the masses is enhanced, according to Nobel Prize winner
Amartya K. Sen (1983, 1988), by functionings and entitlements
which cannot be implemented without a public commitment and a
deep government involvement. Notwithstanding the inevitability
of semantical differences, the real challenge of development
does not lie in eliminating definitional dis