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Controlled Open Economies - A Neoclassical Approach to Structuralism

Опубликовано на портале: 20-01-2003
New York: Oxford University Press, 1994
This book, a companion volume to Peasants and Governments by the same authors (OUP, 1990), develops macroeconomic theory for small open economies which are characterized by the sort of restrictions which make much of existing neoclassical economics inapplicable to developing countries. The applicability of this theory is demonstrated in an analysis of two temporary trade shocks in Africa.

List of figures
List of tables
Introduction

I. The Theory of Controlled Open Economies:
Compatible control regimes:
Appendix: Compatible trade and fiscal policies: the model;
Incompatible control regimes:
Appendix: Monte Carlo experiments with the two-period model;
the theory of a temporary windfall in a controlled economy;

II. Two African Applications:
An application to the Kenyan coffee boom of 1974-1983:
Appendix 1: A narrative of macroeconomic events;
Appendix 2: The computable general equilibrium model;
An application to the Tanzanian economic decline of 1975-1984;
Macroeconomic experience compared;
Conclusion: And a manifesto;
References;
Index


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