Description

This key textbook provides a fresh introduction to macroeconomics in developing countries.

It presents the main elements of 20th century macroeconomics and shows how the models produced for industrialised societies need to be modified for various groups of less developed countries. It is designed for those who start with little or no economics but need to understand the issues involved in the stabilizing of national income and the price level, and in keeping a sustainable balance of payments. It focuses on a number of measures designed to create stability including fiscal policy, the exchange rate, wages and interest rates. There are several case studies of policy experiments conducted since the mid 1970s.

The book will be essential reading for graduate students from developing countries and all students taking courses on development economics.

Economic Stabilization for Developing Countries

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Hardback by Anthony Clunies-Ross

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This key textbook provides a fresh introduction to macroeconomics in developing countries.It presents the main elements of 20th century macroeconomics... Read more

    Publisher: Edward Elgar Publishing Ltd
    Publication Date: 01/01/1991
    ISBN13: 9781852783143, 978-1852783143
    ISBN10: 1852783141

    Number of Pages: 288

    Non Fiction , Business, Finance & Law

    Description

    This key textbook provides a fresh introduction to macroeconomics in developing countries.

    It presents the main elements of 20th century macroeconomics and shows how the models produced for industrialised societies need to be modified for various groups of less developed countries. It is designed for those who start with little or no economics but need to understand the issues involved in the stabilizing of national income and the price level, and in keeping a sustainable balance of payments. It focuses on a number of measures designed to create stability including fiscal policy, the exchange rate, wages and interest rates. There are several case studies of policy experiments conducted since the mid 1970s.

    The book will be essential reading for graduate students from developing countries and all students taking courses on development economics.

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