Varieties of Stabilization Experience: Towards Sensible Macroeconomics in the Third WorldClarendon Press, 1988 - 180 sivua This book is a synthesis of recent work on the experiences of developing countries with stabilization programs. Critical of the orthodox "neoclassical" or "monetarist" approach of the IMF and the World Bank, the book advocates a structuralist macroeconomic theory approach, discussing how the IMF/World Bank market-oriented methodology can best be modified to deal with the macroeconomic linkages beyond its control, and how stabilization can be geared toward growth. |
Sisältö
WIDER COUNTRY STUDIES | 1 |
Country Experiences | 88 |
How Stabilization Can Be Made to Work Better | 147 |
Tekijänoikeudet | |
Muita painoksia - Näytä kaikki
Yleiset termit ja lausekkeet
aggregate demand agricultural and/or Argentina assets austerity balance of payments billion Brazil Bretton Woods capital flight capital formation capital inflows cent of GDP central bank changes Colombia commodity contractionary controls cost country studies current account debt demand injection depreciation devaluation developing countries discussed dollars domestic effects equation example exchange rate expansionary export external factors favourable financial programming flex-price foreign exchange Fund Ghana growth rate Helsinki heterodox shock income distribution incomes policies indexation industrial inflation rate inflation tax inflationary interest rates intermediate imports internal Ivory Coast liberalization linkages macro macroeconomic maxi-devaluation Mexico monetarist monetary money supply neoclassical Nicaragua non-traded orthodox stabilization output overall package Philippines political price increases price level problems production programmes public investment quotas real wage redistribution reduced Section sector shifts social South Korea Sri Lanka stagnationist stimulate structuralist subsidies Tanzania terms of trade theory tion WIDER country WIDER studies