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Macroeconomic Stabilization And Adjustment
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Book Synopsis Macroeconomic Stabilization and Adjustment by : M. J. Manohar Rao
Download or read book Macroeconomic Stabilization and Adjustment written by M. J. Manohar Rao and published by . This book was released on 2001 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book offers an analytic framework for understanding key aspects related to the structure and transformation of open economics and describes the basic macroeconomic logic underlying the reforms.
Book Synopsis Monetary Policy and Macroeconomic Stabilization by : Ole Roste
Download or read book Monetary Policy and Macroeconomic Stabilization written by Ole Roste and published by Routledge. This book was released on 2017-09-08 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a fundamental review and critique of activist economic policies, this book is a unique contribution to classical political economy. "Monetary Policy and Macroeconomic Stabilization" is about macroeconomic stabilization policy, with emphasis on the value of a distinct national monetary policy to growth. Ole Bjorn Roste's argument is for public officials to restrain themselves in the pursuit of policy. As the author notes: when you know less, you should do less.The history of modern macroeconomics started in 1936 with the publication of Keynes' "General Theory of Employment, Interest, and Money". The problems of the Great depression of the 1930s paved the way for a change of focus, from the long run to economic fluctuations in the short run, and from nominal to real variables, such as unemployment and aggregate output.Keynes offered clear policy implications in tune with the times. Because economic adjustment was slow, waiting for the economy to recover by itself was irresponsible. Particularly fiscal policy was essential to return to high employment. Monetary policy could affect aggregate demand through Interest rates, but was less important. Roste discusses the role of monetary policy, starting out with the implications of the theory of optimum currency areas (OCAs). This is followed by estimates of the output loss associated with disinflation policy (the sacrifice ratio) for six OECD economies. Further, Roste models the dynamic adjustment to negative, local labor-market shocks, with particular relevance to Scandinavia, in a final section.The idea that governments should pursue stabilizing fiscal or monetary policies with regard to real variables is often taken for granted by the public, if not by economists. Among the reasons for skepticism, is the presence of differing views on how economies really work, that the state of a given economy becomes known only after a time lag, and that economic agents react to policy and expectations of policy. For these reasons, the effects of policy are generally uncertain. This book explains why the role of history is critical to the study of macroeconomics.p>
Book Synopsis Stabilization and Structural Adjustment by : Finn Tarp
Download or read book Stabilization and Structural Adjustment written by Finn Tarp and published by Routledge. This book was released on 2002-09-11 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reveals and examines the relevance of the macroeconomic theory and models behind recommendations for stabilization and structual adjustment. Alternaive analytical approaches are discusses. This is done on the basis of an up-to-date review of developments in sub-saharan Africa during the 1980's and within a common analytical framework.
Book Synopsis The Economics of Adjustment and Growth by : Pierre-Richard Agénor
Download or read book The Economics of Adjustment and Growth written by Pierre-Richard Agénor and published by La Editorial, UPR. This book was released on 2004-09-30 with total page 794 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a systematic and coherent framework for understanding the interactions between the micro and macro dimensions of economic adjustment policies; that is, it explores short-run macroeconomic management and structural adjustment policies aimed at promoting economic growth. It emphasizes the importance of structural microeconomic characteristics in the transmission of policy shocks and the response of the economy to adjustment policies. It has particular relevance to the economics of developing countries. The book is directed to economists interested in an overview of the economics of reform; economists in international organizations, such as the UN, the IMF, and the World Bank, dealing with development; and economists in developing countries. It is also a text for advanced undergraduate students pursuing a degree in economic policy and management and students in political science and public policy.
Book Synopsis The IMF Policy Paradigm by : Wilfred L. David
Download or read book The IMF Policy Paradigm written by Wilfred L. David and published by Greenwood. This book was released on 1985 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Politics of Economic Adjustment by : Stephan Haggard
Download or read book The Politics of Economic Adjustment written by Stephan Haggard and published by Princeton University Press. This book was released on 1992 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a collection of essays offering comparative analysis of the divergent experiences of developing countries responding to economic crises by adopting macroeconomic stabilization and structural adjustment policies.
Book Synopsis Stabilization and Adjustment in Egypt by : Gouda Abdel-Khalek
Download or read book Stabilization and Adjustment in Egypt written by Gouda Abdel-Khalek and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book studies the impact of Egypt's Economic Reform and Structural Adjustment Programme (ERSAP), the effects of which have been of great interest to the international community. Organizations such as the World Bank and the IMF uphold the programme as a success story and example for other countries to follow. ERSAP also has its critics, however, who resent its tendency to downsize government and fear possible negative effects on growth and development. The author discusses these concerns along with those regarding the possible negative social effects of ERSAP.
Book Synopsis The Politics of Economic Adjustment by : Stephan Haggard
Download or read book The Politics of Economic Adjustment written by Stephan Haggard and published by Princeton University Press. This book was released on 2018-06-05 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1980s some developing countries adopted orthodox market-oriented policies in response to international economic crises, others experimented with alternative programs, and still others failed to develop coherent adjustment strategies of any sort. Building on the case studies in Economic Crisis and Policy Choice, these essays offer comparative analysis of these divergent experiences with macroeconomic stabilization and structural adjustment. Barbara Stallings and Miles Kahler explore the external pressures on governments. Peter Evans and John Waterbury examine the role of the state in the adjustment process, Evans through the lens of earlier historical experience with economic restructuring, Waterbury by focusing on the politics of privatization. Joan Nelson analyzes the politics of income distribution in the adjustment process, and Haggard and Kaufman investigate the political correlates of inflation and stabilization. A final essay assesses the prospects for combining market-oriented reforms with political democratization.
Book Synopsis Macroeconomic Adjustment and Reform in Planned Economies by : International Monetary Fund
Download or read book Macroeconomic Adjustment and Reform in Planned Economies written by International Monetary Fund and published by International Monetary Fund. This book was released on 1990-04-01 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the relationship between macroeconomic stabilization and market-oriented reform in planned economies. It emphasizes that market-oriented reform should enhance the likelihood that adjustment to exogenous disturbances will involve genuine adjustment in the sense of actually eliminating or at least reducing both internal and external imbalances. Market-oriented reform should also increase the ability of the authorities to carry out stabilization policies relying on indirect rather than direct instruments. The paper argues that the sustainability of such reform may critically depend on the pursuit of policies that contain inflationary pressures, but that the environment for adoption of such policies will depend in turn on the appropriate sequencing of reform measures.
Book Synopsis Stabilization and Structural Adjustment by : Finn Tarp
Download or read book Stabilization and Structural Adjustment written by Finn Tarp and published by . This book was released on 2001 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Fiscal Adjustment for Stability and Growth by : International Monetary Fund. Fiscal Affairs Dept.
Download or read book Fiscal Adjustment for Stability and Growth written by International Monetary Fund. Fiscal Affairs Dept. and published by International Monetary Fund. This book was released on 2006-01-27 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper aims to inform policymakers, and other interested parties, about the IMF’s approach to fiscal adjustment. The approach focuses on the role of sound and sustainable government finances in promoting macroeconomic stability and growth. Achieving, and maintaining, such a fiscal position often requires adjusting fiscal policy, as well as strengthening fiscal institutions. Fiscal adjustment may involve either tightening or loosening the fiscal stance, depending on individual country circumstances.
Book Synopsis Analytical Approaches to Stabilization and Adjustment Programs by : Cadman Atta Mills
Download or read book Analytical Approaches to Stabilization and Adjustment Programs written by Cadman Atta Mills and published by World Bank Publications. This book was released on 1992 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Crisis, Stabilization and Growth by : Patrick J. Conway
Download or read book Crisis, Stabilization and Growth written by Patrick J. Conway and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: List of Figures. List of Tables. List of Symbols. List of Country Acronyms. Foreword and Acknowledgements. I. The Transition Economies. II. Saving, by Plan and in the Market. III. Considering the Competing Explanations of Transition in Inflation and Economic Growth. IV. The Inflationary Explosion Following Price Liberalization. V. The Crisis Years. VI. Directed Credits and Financial Repression in Belarus. VII. Stabilization in Transition Economies. VIII. Ukraine in the Stabilization Phase. IX. Georgia: from Crisis to Stabilization .. and Then? X. The Fallout of the Russian Financial C.
Download or read book Guyana written by Philippe Egoumé-Bossogo and published by . This book was released on 2003 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes Guyana's experience with macroeconomic stabilization and structural reforms between 1989 and 2000 and discusses the risks and challenges that the country faces in its quest to achieve sustainable growth and further reduce poverty. During this period, Guyana transitioned successfully from a state-controlled to a market economy. Stability was restored, growth recovered markedly, and poverty declined as a result of implementing strong macroeconomic policies and wide-ranging structural reforms. The success of the poverty reduction strategy that the country has developed hinges on the implementation of sound macroeconomic policies, further lowering of the country's external debt burden, acceleration of the restructuring of institutions and the economy, and the existence of a stable political environment.
Book Synopsis Fiscal Adjustment for Stability and Growth by : Mr.James Daniel
Download or read book Fiscal Adjustment for Stability and Growth written by Mr.James Daniel and published by International Monetary Fund. This book was released on 2006-08-17 with total page 80 pages. Available in PDF, EPUB and Kindle. Book excerpt: The pamphlet (which updates the 1995 Guidelines for Fiscal Adjustment) presents the IMF’s approach to fiscal adjustment, and focuses on the role that sound government finances play in promoting macroeconomic stability and growth. Structured around five practical questions—when to adjust, how to assess the fiscal position, what makes for successful adjustment, how to carry out adjustment, and which institutions can help—it covers topics such as tax policies, debt sustainability, fiscal responsibility laws, and transparency.
Book Synopsis Macroeconomic Stabilization and Adjustment Policies in a General Equilibrium Model with Financial Markets by : Jeffrey D. Lewis
Download or read book Macroeconomic Stabilization and Adjustment Policies in a General Equilibrium Model with Financial Markets written by Jeffrey D. Lewis and published by . This book was released on 1990 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author :International Monetary Fund Publisher :International Monetary Fund ISBN 13 :9781557752192 Total Pages :340 pages Book Rating :4.7/5 (521 download)
Book Synopsis Macroeconomic Models for Adjustment in Developing Countries by : International Monetary Fund
Download or read book Macroeconomic Models for Adjustment in Developing Countries written by International Monetary Fund and published by International Monetary Fund. This book was released on 1991-06-15 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume, edited by Mohsin S. Khan, Peter J. Montiel, and Nadeem U. Haque, examines recent IMF-developed empirical macroeconomic models dealing with adjustment and stabilization policies in developing countries. Some models are relevant for specific countries, and others relate to groups of developing countries.
