The Future of Growth Models

Growth models is rich enough as an intellectual conceptual toolbag to deal with these issues, I don't know how it's going to end up. There are more than two types of growth models and countries can kind of change more readily. In the volume, we also talk about East European countries that are exporters of intermediary goods that are part of the supply chain of German export-oriented companies. The state is actually heavily subsidizing companies in Latin America where exports are primarily agricultural and raw materially goods. And similarly with respect to consumption, lead consumption can be financed through credit. It can be financed partly through wages. Wage growth has been an important source of financing consumption since the crisis and before