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The Macroeconomics Of Developing Countries

Author : Giovanni Andrea Cornia
ISBN : 9780198856672
Genre : Business & Economics
File Size : 29. 57 MB
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"The book focuses on the short- and long-term macroeconomic challenges faced by developing countries characterized by missing, incomplete and dualistic markets and weak institutions. Such problems affect long-term growth, short-term macroeconomic equilibrium, employment and inequality far more than in the advanced economies. A central message of the book is that ignoring these features and applying to developing countries models inspired by the reality of advanced economies may lead to wrong conclusions and policies. These challenges are discussed for a number of architypes of developing economies dependent on land and natural resources, affected by supply rigidities in agriculture, and featuring dualistic markets, a dominant informal sector, fast population growth, and chronic dependence on the export of commodities and a volatile external finance. Finally, the book discusses the impact on growth, inequality and poverty of the stabilization and structural adjustment reforms that were increasingly implemented during the last 30 years. These issues have acquired center stage after the launch of the Millennium Development Goals and Sustainable Development Goals initiatives that have not spelled out a clear macroeconomic approach. There is a risk therefore that wrong policies and sudden shocks may derail the progress towards the SDGs achieved by means of social policies"--

Macroeconomics For Developing Countries

Author : Raghbendra Jha
ISBN : 0415262143
Genre : Business & Economics
File Size : 44. 28 MB
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This updated edition develops the themes contained in the first edition, taking into account the changes that have occurred in the global economy since the turn of the millennium.

Studies In The Macroeconomics Of Developing Countries

Author : Mihir Rakshit
ISBN : 0195642759
Genre : Business & Economics
File Size : 82. 45 MB
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Using theoretical models built upon the major institutional and economic structures of developing countries, this study discusses the impact of food surpluses, trade between industry and agriculture, credit availability, financial intermediation, investment patterns, asset marketability, transaction preference, and strong land preference on the macroeconomic policies of these countries.

Open Economy Macroeconomics In Developing Countries

Author : Carlos A. Végh
ISBN : 9780262018906
Genre : Business & Economics
File Size : 60. 93 MB
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A comprehensive and rigorous text that shows how a basic open economy model can be extended to answer important macroeconomic questions that arise in emerging markets. This rigorous and comprehensive textbook develops a basic small open economy model and shows how it can be extended to answer many important macroeconomic questions that arise in emerging markets and developing economies, particularly those regarding monetary, fiscal, and exchange rate issues. Eschewing the complex calibrated models on which the field of international finance increasingly relies, the book teaches the reader how to think in terms of simple models and grasp the fundamentals of open economy macroeconomics. After analyzing the standard intertemporal small open economy model, the book introduces frictions such as imperfect capital markets, intertemporal distortions, and nontradable goods, into the basic model in order to shed light on the economy's response to different shocks. The book then introduces money into the model to analyze the real effects of monetary and exchange rate policy. It then applies these theoretical tools to a variety of important macroeconomic issues relevant to developing countries (and, in a world of continuing financial crisis, to industrial countries as well), including the use of a nominal interest rate as a main policy instrument, the relative merits of flexible and predetermined exchange rate regimes, and the targeting of “real anchors.” Finally, the book analyzes in detail specific topics such as inflation stabilization, “dollarization,” balance of payments crises, and, inspired by recent events, financial crises. Each chapter includes boxes with relevant empirical evidence and ends with exercises. The book is suitable for use in graduate courses in development economics, international finance, and macroeconomics.

Open Economy Macroeconomics For Developing Countries

Author : Akhtar Hossain
ISBN : 1840644532
Genre : Business & Economics
File Size : 25. 68 MB
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The authors (economics, U. of Newcastle, Australia and U. of Western Sydney, Australia, respectively) argue that there is no dichotomy between short-term macroeconomic stabilization and long-term economic growth. They attempt to show that macroeconomic stability is a prerequisite for sustained growth and the root of macroeconomic instability in developing countries lies in the government budget deficits. Annotation copyrighted by Book News, Inc., Portland, OR.

Macroeconomics For Developing Countries

Author : Paul Cook
ISBN : UCSD:31822005228820
Genre : Developing countries
File Size : 44. 40 MB
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Open Economy Macroeconomics For Developing Countries

Author : Md. Akhtar Hossain
ISBN : UCSD:31822026010884
Genre : Business & Economics
File Size : 61. 70 MB
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The authors (economics, U. of Newcastle, Australia and U. of Western Sydney, Australia, respectively) argue that there is no dichotomy between short-term macroeconomic stabilization and long-term economic growth. They attempt to show that macroeconomic stability is a prerequisite for sustained growth and the root of macroeconomic instability in developing countries lies in the government budget deficits. Annotation copyrighted by Book News, Inc., Portland, OR

Development Macroeconomics

Author : Pierre-Richard Agénor
ISBN : 9780691165394
Genre : Business & Economics
File Size : 50. 54 MB
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The global financial crisis triggered severe shocks for developing countries, whose embrace of greater commercial and financial openness has increased their exposure to external shocks, both real and financial. This new edition of Development Macroeconomics has been fully revised to address the more open and less stable environment in which developing countries operate today. Describing the latest advances in this rapidly changing field, the book features expanded coverage of public debt and the management of capital inflows as well as new material on fiscal discipline, monetary policy regimes, currency, banking and sovereign debt crises, currency unions, and the choice of an exchange-rate regime. A new chapter on dynamic stochastic general equilibrium (DSGE) models with financial frictions has been added to reflect how the financial crisis has reshaped our thinking on the role of such frictions in generating and propagating real and financial shocks. The book also discusses the role of macroprudential regulation, both independently and through its interactions with monetary policy, in preserving financial and macroeconomic stability. Now in its fourth edition, Development Macroeconomics remains the definitive textbook on the macroeconomics of developing countries. The most authoritative book on the subject—now fully revised and expanded Features new material on fiscal discipline, monetary policy regimes, currency, banking and sovereign debt crises, and much more Comes with online supplements on informal financial markets, stabilization programs, the solution of DSGE models with financial frictions, and exchange rate crises

Macroeconomic Analysis And The Developing Countries 1970 1990

Author : Ian Malcolm David Little
ISBN : UCSC:32106011786982
Genre : Developing countries
File Size : 63. 1 MB
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The Macroeconomics Of Development And Poverty Reduction

Author : Jan Priewe
ISBN : 3832912789
Genre : Business & Economics
File Size : 32. 86 MB
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To reach the "Millennium Development Goal" of halving poverty by 2015 in developing countries requires first and foremost higher economic growth. This can hardly succeed when policies continue to adhere to the traditional neo-liberal strategies of the "Washington Consensus". In this study, different growth and stagnation "regimes" are explored. To enter a growth path, more emphasis has to be put on prudent macroeconomic policies striving for sound money, less external debt, balance of payment equilibrium, containment of dollarisation, more stable exchange rates and on deepening the domestic financial sector. Fostering capital accumulation is more important than perfecting the competitive allocation of resources through pervasive liberalisation. The economic performance of most East and South Asian countries which did not follow the strategy of the "Washington Consensus" contrasts sharply with a stagnation trend in Africa and Latin America in the last decades. Country case studies on China, Vietnam, Belarus and Uganda are presented. The analysis follows a modern Keynesian line of thought.

Explaining Macroeconomic Fluctuations In A Developing Country

Author : Ahmed R. El-Safty
ISBN : UCSD:31822031393846
Genre : Egypt
File Size : 59. 37 MB
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Southern Economist

Author :
ISBN : UCLA:L0081272387
Genre : India
File Size : 44. 72 MB
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Agriculture Rural Development And Related Agencies Appropriations For 1986

Author : United States. Congress. House. Committee on Appropriations. Subcommittee on Agriculture, Rural Development, and Related Agencies
ISBN : LOC:00158540289
Genre : Library lacks vol. I.
File Size : 59. 46 MB
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The Sources Of Macroeconomic Fluctuations In Developing Countries

Author : Alexander W. Hoffmaister
ISBN : UCSD:31822021495270
Genre : Brazil
File Size : 86. 13 MB
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Macroeconomics

Author : Felipe Larraín B.
ISBN : 9780262538572
Genre : Business & Economics
File Size : 74. 61 MB
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An accessible introduction to the basics of macroeconomics and how it affects the local and global economies. Macroeconomics takes a broad perspective on the economy of a country or region; it studies economic changes in the aggregate, collecting data on production, unemployment, inflation, consumption, investment, trade, and other aspects of national and international economic life. Policymakers depend on macroeconomists' knowledge when making decisions about such issues as taxes and the public budget, monetary and exchange rate policies, and trade policies—all of which, in turn, affect decisions made by individuals and businesses. This volume in the MIT Press Essential Knowledge series offers an introduction to the basics of macroeconomics accessible to the noneconomist. Readers will gain the tools to interpret such economic events as the 2008 financial meltdown, the subsequent euro crisis, and the current protectionist dynamics seen in some developed countries. The author, an academic economist and two-time Chilean Finance Minister, devotes a substantial part of his analysis to economic development, explaining why some countries achieve continuing economic growth while others become stagnant. He discusses the links between economic activity and employment; employment and unemployment rates; factors behind economic growth; money, inflation, and exchange rate systems; fiscal deficits; balance of payment crises; consumption and savings; investment decisions; fiscal policy; and the process of globalization and its macroeconomic implications.

External Shocks Energy Policy And Macroeconomic Performance Of Asian Developing Countries

Author : William E. James
ISBN : UVA:X001626494
Genre : Asia
File Size : 84. 48 MB
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Macroeconomic Policy Modelling For Developing Countries

Author : Victor Murinde
ISBN : UOM:39015029568766
Genre : Business & Economics
File Size : 36. 41 MB
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How can developing countries design a macroeconomic policy framework that will reverse the current trend of persistent inflation, regressive real growth and foreign exchange bottlenecks? One plausible answer emerges from an intersection between the dilemma and a novel analytical approach. In this book, Victor Murinde develops one novel approach by drawing on the first principles of economic theory to construct a macroeconomic model such that the structural features and bottlenecks of a developing country are integrally incorporated. The model is small and congruent with the limited available data, but it is comprehensive enough to address the key policy instruments and targets. A battery of modern econometric techniques are called upon to estimate and test the model on Kenya, Tanzania and Uganda, since independence, in a country-specific as well as cross-country spirit. Policy experiments are performed to highlight the macroeconomic scenario generated each time a policy instrument or a stabilization policy package is implemented. The experiments fully demonstrate the practicability of the 'small-model-limited-data' methodology developed in the book.

Food Policy For Developing Countries

Author : Per Pinstrup-Andersen
ISBN : 9780801463433
Genre : Social Science
File Size : 21. 64 MB
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Despite technological advances in agriculture, nearly a billion people around the world still suffer from hunger and poor nutrition while a billion are overweight or obese. This imbalance highlights the need not only to focus on food production but also to implement successful food policies. In this new textbook intended to be used with the three volumes of Case Studies in Food Policy for Developing Countries (also from Cornell), the 2001 World Food Prize laureate Per Pinstrup-Andersen and his colleague Derrill D. Watson II analyze international food policies and discuss how such policies can and must address the many complex challenges that lie ahead in view of continued poverty, globalization, climate change, food price volatility, natural resource degradation, demographic and dietary transitions, and increasing interests in local and organic food production. Food Policy for Developing Countries offers a "social entrepreneurship" approach to food policy analysis. Calling on a wide variety of disciplines including economics, nutrition, sociology, anthropology, environmental science, medicine, and geography, the authors show how all elements in the food system function together.

A Forward Looking Macroeconomic Simulation Model For A Developing Country

Author : International Monetary Fund
ISBN : 9781451969849
Genre : Business & Economics
File Size : 66. 63 MB
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The paper develops a small dynamic macroeconomic simulation model for a representative developing country which relies on familiar macroeconomic theory and in which expectations are formed rationally. The model is useful for the analysis and simulation of important policy questions in a general-equilibrium setting. Several policy experiments are conducted which illustrate the workings of the model and yield fresh insights into the effects of standard macroeconomic policies in developing countries.

Public Sector Deficits And Macroeconomic Stability In Developing Economies

Author : Sebastian Edwards
ISBN : UCSD:31822025568544
Genre : Budget deficits
File Size : 25. 47 MB
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