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Meade Conflict refers to a dilemma where an economy faces conflict between its internal and external balances. The phenomenon was proposed by the British economist and Nobel Prize Laurent James Meade in his influential book The Theory of International Economic Policy – The Balance of Payments (1951).[1] Trevor Swan developed this problem into Swan diagram, which became more influential in the economic theory.[2] The discovery has also led to other models such as Tinbergen's Rule.
^Vera, Leonardo (15 September 2009). "Conflict inflation: an open economy approach". Journal of Economic Studies. 37 (6): 597–615. doi:10.1108/01443581011086648.
^Vines, David; Weale, Martin (1 November 2009). "JAMES MEADE". The Economic Journal. 119 (November 2009): F423–F429. doi:10.1111/j.1468-0297.2009.02321.x.
MeadeConflict refers to a dilemma where an economy faces conflict between its internal and external balances. The phenomenon was proposed by the British...
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Meade (November 11, 1789 – March 14, 1862) was an American Episcopal bishop, the third Bishop of Virginia. His father, Colonel Richard Kidder Meade (1746–1805)...
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after the meeting had ended. Meade and Warren rode with Sickles back to his position, where Meade explained Sickles' error. Meade refused Sickles' offer to...
2021a. Grasilier 1871, p. 36. Middleton 2015, p. 274. Meade 1991, p. 106. Meade 1991, p. 122. Meade 1991. Birch 2009, p. 331. Brown 2003, pp. 4–5. Duby...
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