02078cas a2200241 a 4500 AALejournalIMF021976 230101c9999 xx r poo 0 0eng d 15.00 USD 9781589064478 1020-7635 BD-DhAAL BD-DhAAL International Monetary Fund. Research Dept. IMF Staff Papers, Volume 52, Special Issue, IMF Conference in Honor of Michael Mussa. Washington, D.C. : International Monetary Fund, 2005. 1 online resource (189 pages) IMF Staff Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper focuses on expectations for the American economy focused on the likelihood of secular stagnation, which continued to be debated throughout the post-war period. Concerns rose during the late 1960s and early 1970s about rapid population growth smothering the potential for economic growth in developing countries were contradicted when, during the mid- and late-1970s, fertility rates began to decline rapidly. In policy-oriented institutions (and in most businesses and individual decision making), policymaking decisions are often guided by projections and forward-looking indicators. The case of Michael Mussa has been one of great anticipation, and of great accomplishment, and all the early optimistic forecasts about him have turned out to be correct. Within the sphere of economics, undoubtedly the most famous and widely used forecast-one, incidentally, that thus far has often been incorrect-is that based on the Malthusian doctrine of the relationship between resources and population. Mode of access: Internet IMF Staff Papers; IMF Staff Papers ; No. 2005/005 Full text available on IMF http://elibrary.imf.org/view/journals/024/2005/005/024.2005.issue-005-en.xml IMF e-Library