Easterly, William. <br/><br/>
Economic stagnation, fixed factor, and policy thresholds. 

 - Washington :  World Bank,  1991. 
<br/><br/> Argues that economic policies and not initial conditions determine whether countries stagnate. Also argues that black market premium on foreign exchange is an important factor in stagnation. 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Economic conditions.<br/>Economic stagnation -- Economic policy -- Foreign exchange/.--Economic stagnation -- Economic policy -- Foreign exchange/.--Economic stagnation -- Economic policy -- Foreign exchange/.