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Macroeconomic Policy And The External Constraint In The Dependent Economy
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Book Synopsis External Constraints on Macroeconomic Policy by : George Alogoskoufis
Download or read book External Constraints on Macroeconomic Policy written by George Alogoskoufis and published by Cambridge University Press. This book was released on 1991 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book from the Centre for Economic Policy Research deals with the implications of the exchange rate regimes and capital flows of the 1990s for government macroeconomic policy-making and EC policy co-ordination.
Book Synopsis Macroeconomic Policy and the External Constraint in the Dependent Economy by : George S. Alogoskoufis
Download or read book Macroeconomic Policy and the External Constraint in the Dependent Economy written by George S. Alogoskoufis and published by . This book was released on 1989 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Macroeconomic Policy and the External Constraint in the Dependent Economy by : Giōrgos Alogoskouphēs
Download or read book Macroeconomic Policy and the External Constraint in the Dependent Economy written by Giōrgos Alogoskouphēs and published by . This book was released on 1989 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Macroeconomic Policy and Public Choice by : David Kiefer
Download or read book Macroeconomic Policy and Public Choice written by David Kiefer and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book considers the connections between macroeconomics and government politics. The central idea is the existence of a political economic equilibrium in which the government acts to dampen the business cycle. Special attention is given to relevant data and to the possibility of hypothesis testing. This is a revised and extended study edition that is updated to include topics such as political business cycles, government debt, and deficit and social security.
Book Synopsis Macroeconomic Policy and the External Constraint in the Dependent Economy by : George Alogoskoufis
Download or read book Macroeconomic Policy and the External Constraint in the Dependent Economy written by George Alogoskoufis and published by . This book was released on 1989 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the paper I examine the trade-offs between internal and external balance and the role of macroeconomic policy in Greece. I estimate and test versions of the two principal open economy macromodels: the imperfect-substitutes, one-sector model, and the two-sector model with nontraded goods. Both are real general equilibrium models that highlight the pivotal role of wage and price setting for the determination of output, competitiveness and external balance. The results are unfavorable to the better-known imperfect-substitutes model, which is used more widely as the basis for modeling aggregate fluctuations in the main industrial economies.
Book Synopsis Macroeconomic Policies in an Interdependent World by : Mr.Paul R. Masson
Download or read book Macroeconomic Policies in an Interdependent World written by Mr.Paul R. Masson and published by International Monetary Fund. This book was released on 1989-06-15 with total page 438 pages. Available in PDF, EPUB and Kindle. Book excerpt: Copublished with the Brookings Institution, Washington D.C. and the Centre for Economic Policy Research, London, and edited by Ralph Bryant, David Currie, Jacob A. Frenkel, Paul Masson, and Richard Portes, this volume considers economic interdependence among well developed countries as well as between them and the developing regions of the world.
Book Synopsis The External Constraint, Reputation and Macroeconomic Policy by :
Download or read book The External Constraint, Reputation and Macroeconomic Policy written by and published by . This book was released on 1990 with total page 668 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Macroeconomic Policy in Fragile States by : Ralph Chami
Download or read book Macroeconomic Policy in Fragile States written by Ralph Chami and published by Oxford University Press. This book was released on 2021-01-26 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: Setting macroeconomic policy is especially difficult in fragile states. Political legitimacy concerns are heightened, raising issues such as who the policymakers are, what incentives they face, and how the process of policymaking is likely to work under limited legitimacy and high uncertainty both about the macroeconomic environment as well as policy effectiveness. In addition, fragility expands the range of policy objectives in ways that may constrain the attainment of standard macroeconomic objectives. Specifically, in the context of fragility policymakers also need to focus on measures to mitigate fragility itself - i.e., they need to address issues such as regional and ethnic economic disparities, youth unemployment, and food price inflation. Socio-political developments around the world have thus pushed policymakers to broaden their toolkit to improve the effectiveness of macroeconomic management in the face of these constraints. The chapters in Macroeconomic Policy in Fragile States address these issues, both by giving an analytical context from which policymakers can build to answer the questions they face in fragile situations as well as by providing lessons drawn from empirical analyses and case studies. The first section of the volume discusses the interactions between political economy considerations and macroeconomic policymaking. The second section covers the private sector environment in fragile states. The third section focuses on macroeconomic policy, especially fiscal policy, monetary policy, exchange rate policy, external flows, and aid effectiveness. The last section explains the role of the IMF in fragile states and concludes by presenting case studies from the Middle East and from Sub-Saharan Africa. The contributors to the volume are economists and political scientists from academia as well as policymakers from international organizations and from countries affected by fragility.
Book Synopsis Fiscal Expansion and External Current Account Balance by : International Monetary Fund
Download or read book Fiscal Expansion and External Current Account Balance written by International Monetary Fund and published by International Monetary Fund. This book was released on 1988-11-16 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes, in a general equilibrium framework, how fiscal policy transmits its effects to the current account of the balance of payments. In discussing the role of fiscal policies in the Fund’s stabilization programs, the paper compares different approaches to explain the determination of the external balance. The model presented here is based on intertemporal optimization and focuses on the behavior of private and public agents. Some empirical evidence is also presented, based on data from ten Latin American countries. Finally, an appendix presents an integrated system of financial, external, and government accounts.
Book Synopsis THE CHANGING NATURE OF THE EXTERNAL CONSTRAINT ON MACROECONOMIC POLICY AND THE DEBT CRISIS: LESSONS FROM ARGENTINA, BRAZIL AND MEXICO by : Alberto PALONI
Download or read book THE CHANGING NATURE OF THE EXTERNAL CONSTRAINT ON MACROECONOMIC POLICY AND THE DEBT CRISIS: LESSONS FROM ARGENTINA, BRAZIL AND MEXICO written by Alberto PALONI and published by . This book was released on 1992 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis External Constraints on Macroeconomic Policy by : George Alogoskoufis
Download or read book External Constraints on Macroeconomic Policy written by George Alogoskoufis and published by . This book was released on 1991 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Changing Nature of the External Constraints on Macroeconomic Policy and the Debt Crisis by : Alberto Paloni
Download or read book The Changing Nature of the External Constraints on Macroeconomic Policy and the Debt Crisis written by Alberto Paloni and published by . This book was released on 1992 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Macroeconomic Policy Analysis for an Open Economy with Quantity Constraints by : Hamid Reza Taslimi
Download or read book Macroeconomic Policy Analysis for an Open Economy with Quantity Constraints written by Hamid Reza Taslimi and published by . This book was released on 1983 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Macroeconomic Policy Analysis by : Michael P. Amos
Download or read book Macroeconomic Policy Analysis written by Michael P. Amos and published by Cambridge University Press. This book was released on 2009-07-16 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces the concept of public sector rationing in asset markets and provides a modern non-Walrasian approach to macroeconomic policy analysis. The detailed treatment of credit rationing regimes makes this work particularly relevant to economies where the interest rate is regulated. Other topics covered include the disaggregation of the government into the treasury and the central bank, the specification behavior of households, firms, and the central bank as intertemporal optimizers. The book provides models that can be easily extended to take into account both institutional and economic structures of all economies and the particular needs of the policy analysts before empirical implementation.
Book Synopsis Myths and Reality of External Constraints on Development by : James Riedel
Download or read book Myths and Reality of External Constraints on Development written by James Riedel and published by Trade Policy Research Centre London. This book was released on 1987 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Macroeconomic Policy Analysis by : Michael P. Amos
Download or read book Macroeconomic Policy Analysis written by Michael P. Amos and published by Cambridge University Press. This book was released on 1989-01-27 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces the concept of public sector rationing in asset markets and provides a modern non-Walrasian approach to macroeconomic policy analysis. The detailed treatment of credit rationing regimes makes this work particularly relevant to economies where the interest rate is regulated. Other topics covered include the disaggregation of the government into the treasury and the central bank, the specification behavior of households, firms, and the central bank as intertemporal optimizers. The book provides models that can be easily extended to take into account both institutional and economic structures of all economies and the particular needs of the policy analysts before empirical implementation.
Book Synopsis Macroeconomic Adjustment Under an External and Fiscal Constraint by : Leonardo Vera
Download or read book Macroeconomic Adjustment Under an External and Fiscal Constraint written by Leonardo Vera and published by . This book was released on 2005 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents a dual economy model of the fix-price/flex-price kind that explicitly allows for the existence of a government budget constraint in a fully open economy. Both the external and fiscal closures resemble very much the contemporary experience of several Latin American countries, where fiscal discipline and fix exchange rate systems have been the norm. Thus, within the public sector, it is assumed that public investment is the adjustment variable, while foreign reserves variation adjusts the external balance. Short-run impacts of policy-induced variables and changes in exogenous external financing are analysed. Relevant trade-offs, especially between output and inflation, follow from an analysis in which the time perspective is rather short. However, in the medium term, some balancing forces in the economy can moderate the trade-offs. We show among a wide range of events and policy options that this is the case of debt relief or a concerted lending strategy.
