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Macroeconomics for developing countries. 2nd. ed.

Опубликовано на портале: 24-10-2003
London: Routledge, 2003, 496 с.
Тематический раздел:
This comprehensively revised and updated edition develops the themes contained in the first edition. Students and teachers who are familiar with the book will notice that half of the chapters are entirely new, with the other half having changed significantly to take into account the changes that have occurred in the global economy since the turn of the millennium.

With questions for discussion and excellent use of case studies, the book covers such themes as:
  • standard closed and open macroeconomic models
  • a full evaluation of the post-Washington consensus model
  • IMF stabilization programs and their effects on developing economies
  • the pressing problems of indebtedness
  • financial sector reforms in developing countries

Macroeconomics for Developing Countries presents a valuable analysis of the current debate in development economics and provides the intermediate macroeconomic theory necessary to understand it. The book falls into four parts. The first two present received macroeconomic theory in its closed and open economy versions. Supported by a wide range of illustrations and examples from developing countries, the final two sections are devoted entirely to the macroeconomic problems of these countries. In light of recent develpoments in the macroeconomic field, such as the GATT agreement, this book is both timely and relevant.

    Part I: The Basic Macroeconomic Framework

  1. Macroeconomic problems of developing countries
  2. National accounts and the macroeconomy
  3. The basic IS-LM-AS model in the closed economy
  4. The process of money creation and the demand for money
  5. Macroeconomic policy in an open economy
  6. Current account and asset demand approaches to balance of payments

    Part 2: Macroeconomic Models of Developing Countries

  7. IMF type macro models for developing countries
  8. A structuralist macros model for developing countries
  9. Dualistic models of output and inflation in developing countries
  10. Growth, theory and developing country macroeconomics

    Part 3: Policy Dilemmas faced by Developing Countries

  11. An evaluation of the IMF programs in developing countries
  12. Macroeconomic dimensions of fiscal policy in developing countries
  13. The inflation rate and seignorage
  14. The problem of indebtedness of HIPC countries
  15. The exchange rate issues in developing countries

    Part 4: Issues in Developing Country Macroeconomics

  16. Financial market liberalization and economic growth in developing countries
  17. The international financial architecture and developing countries
  18. A final word