Economic Adjustment Policies For Small Nations

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The Adaptive Economy

Author : Tony Killick
Publisher : World Bank Publications
ISBN 13 : 9780821321256
Total Pages : 422 pages
Book Rating : 4.3/5 (212 download)

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Book Synopsis The Adaptive Economy by : Tony Killick

Download or read book The Adaptive Economy written by Tony Killick and published by World Bank Publications. This book was released on 1993-01-01 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the relationship between economic adaptation and long-run development, with particluar emphasis on small, low- income economies. It also examines what makes for flexibility within an economy and how policy can affect an economy's ability to adapt to conditions over which it has no control. The premise is that all economies need to adapt to changing circumstances in order to achieve a reasonable pace of development. The author explains the forces to which economies need to respond, the attributes that increase an economy's capacity to adjust, the difficulties of adjustment, and what policy can do to facilitate adjustment. The author illustrates structure and flexibility within an economy and offers a guide to forming policy. Specific policy options are examined, among them using exchange rate fluctuations. The roles of government and markets in setting adjustment policies for industry, agriculture, and finance are explored. The study draws upon a wide range of material and avoids a narrowly economic point of view. The book is intended for use by economists working for or advising government agencies and for teachers and students of development economics. It includes an extensive reference list.

Economic Adjustment Policies for Small Nations

Author : Delisle Worrell
Publisher : Praeger
ISBN 13 : 0275932133
Total Pages : 0 pages
Book Rating : 4.2/5 (759 download)

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Book Synopsis Economic Adjustment Policies for Small Nations by : Delisle Worrell

Download or read book Economic Adjustment Policies for Small Nations written by Delisle Worrell and published by Praeger. This book was released on 1989-04-04 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Delisle Worrell . . . has written a thoughtful book that will be of value to businessmen, academics, policy analysts and others interested in the Caribbean. . . . The book covers many . . . important topics, such as regional economic integration, external debt and the growth of Caribbean manufacturing. The six technical appendices include an economic forecasting model for the Caribbean. Those who work in, or deal with, the Caribbean will find his book a valuable reference. Business Economics This authoritative anthology contains papers which examine economic and monetary policy-making in the English speaking Caribbean from 1975 to 1985, during major shifts in the economies of those nations. The papers grew out of the 20th Annual Caribbean Regional Programme of Monetary Studies conference. They cover a number of areas, including money, finance, trade, payments, prices, exchange rates, and economic cooperation. This work is an excellent resource for courses in development, international economics, international business, and Latin America. The articles first focus on the uses of monetary policy in the Caribbean, ways of adjusting the balance of external payments, and the design of fiscal policy. Contributors then examine specific policies undertaken in each currency area in the region, identifying what worked and what did not. Finally, an agenda for ongoing research into the features, problems, and potentials of the Caribbean is outlined.

The Adaptive Economy

Author : Tony Killick
Publisher :
ISBN 13 :
Total Pages : 309 pages
Book Rating : 4.:/5 (777 download)

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Book Synopsis The Adaptive Economy by : Tony Killick

Download or read book The Adaptive Economy written by Tony Killick and published by . This book was released on 1993 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Adaptive Economy

Author : Tony Killick
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.:/5 (777 download)

DOWNLOAD NOW!

Book Synopsis The Adaptive Economy by : Tony Killick

Download or read book The Adaptive Economy written by Tony Killick and published by . This book was released on 1993 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Adjustment Policies for Small Nations

Author : Delisle Worrell
Publisher : Praeger
ISBN 13 :
Total Pages : 200 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Economic Adjustment Policies for Small Nations by : Delisle Worrell

Download or read book Economic Adjustment Policies for Small Nations written by Delisle Worrell and published by Praeger. This book was released on 1989-04-04 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Delisle Worrell . . . has written a thoughtful book that will be of value to businessmen, academics, policy analysts and others interested in the Caribbean. . . . The book covers many . . . important topics, such as regional economic integration, external debt and the growth of Caribbean manufacturing. The six technical appendices include an economic forecasting model for the Caribbean. Those who work in, or deal with, the Caribbean will find his book a valuable reference. Business Economics This authoritative anthology contains papers which examine economic and monetary policy-making in the English speaking Caribbean from 1975 to 1985, during major shifts in the economies of those nations. The papers grew out of the 20th Annual Caribbean Regional Programme of Monetary Studies conference. They cover a number of areas, including money, finance, trade, payments, prices, exchange rates, and economic cooperation. This work is an excellent resource for courses in development, international economics, international business, and Latin America. The articles first focus on the uses of monetary policy in the Caribbean, ways of adjusting the balance of external payments, and the design of fiscal policy. Contributors then examine specific policies undertaken in each currency area in the region, identifying what worked and what did not. Finally, an agenda for ongoing research into the features, problems, and potentials of the Caribbean is outlined.

Economic Adjustment and Exchange Rates in Developing Countries

Author : National Bureau of Economic Research
Publisher : Chicago : University of Chicago Press
ISBN 13 :
Total Pages : 472 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Economic Adjustment and Exchange Rates in Developing Countries by : National Bureau of Economic Research

Download or read book Economic Adjustment and Exchange Rates in Developing Countries written by National Bureau of Economic Research and published by Chicago : University of Chicago Press. This book was released on 1986-11 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: In spite of the attention paid exchange rates in recent economic debates on developing countries, relatively few studies have systematically analyzed in detail the various ramifications of exchange rate policy in these countries. In this new volume from the National Bureau of Economic Research, leading economists use rigorous models to tackle various exchange rate issues, while also illuminating policy implications that emerge from their analyses. The volume, divided into four main sections, addresses: the role of exchange rates in stabilization programs and the adjustment process; the importance of exchange rate policy during liberalization reform in developing countries; exchange rate problems relevant and unique to developing countries, illustrated by case studies; and the problems defining, measuring, and identifying determinants of real exchange rates. Authors of individual papers examine the relation between commercial policies and exchange rates, the role of exchange rate policy in stabilization programs, the effectiveness of devaluations as a policy tool, and the interaction between exchange rate terms of trade an capital flow. This research will not only prove crucial to our understanding of the role of exchange rates in developing countries, but will clearly set the standard for future work in the field.

Small Countries in the World Economy

Author : Dezsö Horváth
Publisher : IRPP
ISBN 13 : 9780886450632
Total Pages : 146 pages
Book Rating : 4.4/5 (56 download)

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Book Synopsis Small Countries in the World Economy by : Dezsö Horváth

Download or read book Small Countries in the World Economy written by Dezsö Horváth and published by IRPP. This book was released on 1989 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication provides an outline of the similarities and differences between Sweden and Canada. It also reviews Sweden's economy and industry from an historical perspective, covering the hundred or so years since the country's industrialization in the early 1870s. In addition, it describes the main factors in the crisis of the late 1970s, analyzes events in the Swedish economy up to 1982, and presents alternative interpretations of whether Sweden's crisis reflected disturbances in the world economy or was intensified by policies and developments within Sweden itself. It also looks at industrial policies, and developments in Sweden since 1982.

Western Economies In Transition

Author : Irving Leveson
Publisher : Westview Press
ISBN 13 :
Total Pages : 464 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Western Economies In Transition by : Irving Leveson

Download or read book Western Economies In Transition written by Irving Leveson and published by Westview Press. This book was released on 1980 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph emanating from the Hudson Institute conference "Outlook and Policy for Industrial Structural Change in OECD countries", focusing on trends and changes in economic structure and economic policy issues - covers relations between technological change, economic growth and productivity, employment and economic implications of growing service sectors, capital formation and investment policy, international competition, trade policy, protectionism and adjustment alternatives, etc. Graphs and references. Conference held in Washington? 1979 Jan 25 and 26.

Problems and Policies in Small Economies

Author : Bimal Jalan
Publisher : London : Croom Helm ; New York : St. Martin's Press
ISBN 13 :
Total Pages : 296 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Problems and Policies in Small Economies by : Bimal Jalan

Download or read book Problems and Policies in Small Economies written by Bimal Jalan and published by London : Croom Helm ; New York : St. Martin's Press. This book was released on 1982 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: Compilation of conference papers on economic policy trends and economic development issues in small economies - examines the effects of size in economic growth, agricultural development, financial management, transport policies, balance of payments, economic structure adjustments, etc., and discusses the importance of national planning and service sector development, and the role of exports and foreign investment in industrialization. Graphs and references. List of participants. Conference held in Marlborough 1981 Jun.

Development and Stabilization in Small Open Economies

Author : DeLisle Worrell
Publisher : Taylor & Francis
ISBN 13 : 1000824543
Total Pages : 391 pages
Book Rating : 4.0/5 (8 download)

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Book Synopsis Development and Stabilization in Small Open Economies by : DeLisle Worrell

Download or read book Development and Stabilization in Small Open Economies written by DeLisle Worrell and published by Taylor & Francis. This book was released on 2023-01-06 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses and explains the nature of the economies of small countries and territories. It includes an assessment of material prosperity in 41 small open economies worldwide, with case studies focusing on the Caribbean and Central America, with a review of the development of their economies in recent decades. The volume recommends a suite of economic policy tools for the management of these economies, demonstrating how these may best be employed in economies that live and breathe through international commerce. Among observations of interest is the fact that the devaluation of the local currency of a small nation makes the country worse off; even a currency that maintains its value is little more than a trophy, of little value if it is not readily convertible into US dollars. Also, that while government policies affect international competitiveness and a small country's growth prospects, more important is how governments use additional resources to improve the quality of health and educational services. Moreover, economic windfalls such as the discovery of mineral resources seldom bring prosperity commensurate with their economic value, and never in the short run. The volume will offer invaluable information and analysis to researchers and policy makers investigating small open economies.

Institutional Adjustment for Economic Growth

Author : Per Ronnas
Publisher : Routledge
ISBN 13 : 0429806426
Total Pages : 239 pages
Book Rating : 4.4/5 (298 download)

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Book Synopsis Institutional Adjustment for Economic Growth by : Per Ronnas

Download or read book Institutional Adjustment for Economic Growth written by Per Ronnas and published by Routledge. This book was released on 2019-05-23 with total page 239 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1998, this volume focuses on the special category of countries popularly referred to as ‘transition economies’ through an analysis of small and medium sized enterprises (SMEs) and their role in Asian economies, with a view to assessing whether they could or should provide a model for African countries. The present volume explores the institutional peculiarities displayed by ‘transition economies’. These are economies which are undergoing a comprehensive and fundamental societal transformation with a view to creating a utopian communist society within the frame of a centrally administered economy, then a pluralistic society based on a market economy and the rule of law. Much of the debate on the economic performance of African LCD's has focused on informal sector activities or on the imperative to achieve structural adjustment. By highlighting instead the challenges facing two of the least successful among the African economies - Ethiopia and Tanzania, both of which share a socialist past - this book moves beyond the above issues. It argues that institutional adjustment is critical to the prospects for success in developing transition economies. As such the book investigates the transaction costs environment within which small-scale industrial activities are set. By drawing extensively on the Asian experience, (predominantly China and Vietnam but also India and Taiwan), it identifies sources of transaction costs by examining not only the transactional disadvantages of small-scale production, but also the past and present sources of institutional inefficiency.

The Labor Market and Economic Adjustment

Author : Pierre-Richard Agénor
Publisher : International Monetary Fund
ISBN 13 : 1451854781
Total Pages : 98 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis The Labor Market and Economic Adjustment by : Pierre-Richard Agénor

Download or read book The Labor Market and Economic Adjustment written by Pierre-Richard Agénor and published by International Monetary Fund. This book was released on 1995-11-01 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies.

Economic Adjustment and Political Transformation in Small States

Author : Erik Jones
Publisher : OUP Oxford
ISBN 13 : 0191549037
Total Pages : 304 pages
Book Rating : 4.1/5 (915 download)

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Book Synopsis Economic Adjustment and Political Transformation in Small States by : Erik Jones

Download or read book Economic Adjustment and Political Transformation in Small States written by Erik Jones and published by OUP Oxford. This book was released on 2008-05-08 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt: The smaller countries of Western Europe have a reputation for being more successful than their larger neighbours. They are wealthier per capita, they are more stable politically, and they are more flexible economically. The secret to this success lies in their consensual style of politics and their corporatist style of decision-making. Unfortunately, however, that may be about to change. A political transformation underway in small states is undermining the politics of consensus and breakdown the effectiveness of corporatist institutions. Small countries are becoming increasingly vulnerable to the vicissitudes of world markets as a result. Belgium and the Netherlands offer clear examples of the problem at hand. The political societies of both countries were tightly organized to avoid conflict and to promote consensus. Over time, however, this tight organization has broken down, politicians have opted for conflict over consensus, and elections have become more volatile as a result. In turn, this political transformation of Belgium and the Netherlands has undermined their traditional approach to economic policymaking and economic adjustment. Belgium and the Netherlands are now more vulnerable to world market forces than at any time since the end of the 1970s. Their relative economic and political success can no longer be taken for granted. The relative success of other small states should be brought into question as well.

The European Monetary Trade-off

Author : Erik Jones
Publisher :
ISBN 13 : 9789290791775
Total Pages : 34 pages
Book Rating : 4.7/5 (917 download)

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Book Synopsis The European Monetary Trade-off by : Erik Jones

Download or read book The European Monetary Trade-off written by Erik Jones and published by . This book was released on 1994 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Adjustment Policies in Small Open Economies

Author : DeLisle Worrell
Publisher :
ISBN 13 :
Total Pages : 64 pages
Book Rating : 4.:/5 (246 download)

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Book Synopsis Adjustment Policies in Small Open Economies by : DeLisle Worrell

Download or read book Adjustment Policies in Small Open Economies written by DeLisle Worrell and published by . This book was released on 1986 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Adjustment

Author : sirFrank Wakefield Holmes
Publisher : International Monetary Fund
ISBN 13 : 9780939934980
Total Pages : 296 pages
Book Rating : 4.9/5 (349 download)

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Book Synopsis Economic Adjustment by : sirFrank Wakefield Holmes

Download or read book Economic Adjustment written by sirFrank Wakefield Holmes and published by International Monetary Fund. This book was released on 1987-01-15 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume, edited by Sir Frank Holmes of the Institute of Policy Studies in New Zealand, contains the proceedings of a seminar held in Wellington, New Zealand. The seminar concentrates on problems of economic adjustment facing countries in the South Pacific. Subjects covered in the eight papers include case studies of adjustment in developed and edveloping countries, and the role of private capital aid and exchange rate, pricing, and trade policies in adjustment and development.

Our Continent, Our Future

Author : P. Thandika Mkandawire
Publisher : IDRC
ISBN 13 : 155250204X
Total Pages : 192 pages
Book Rating : 4.5/5 (525 download)

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Book Synopsis Our Continent, Our Future by : P. Thandika Mkandawire

Download or read book Our Continent, Our Future written by P. Thandika Mkandawire and published by IDRC. This book was released on 2014-05-14 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a collection of 30 individual studies, 25 of which were from African economists, to summarize this African perspective and articulate a path for the future. They underscore the need to be sensitive to each country's unique history and current condition. They argue for a broader policy agenda and for a much more active role for the state within what is largely a market economy. Finally, they stress that Africa must, and can, compete in an increasingly globalized world and, perhaps most importantly, that Africans must assume the leading role in defining the continent's development agenda.