
The Economics of Adjustment and Growth
Second Edition
- English
- PDF
- Available on iOS & Android
About this book
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.
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Information
Table of contents
- Cover
- Title Page
- Copyright
- Dedication
- Contents
- Acknowledgments
- Introduction and Overview
- Chapter 1. Budget Constraints and Aggregate Accounts
- Chapter 2. Consumption, Saving, and Investment
- Chapter 3. Fiscal Deficits, Public Debt, and the Current Account
- Chapter 4. The Financial System and Monetary Policy
- Chapter 5. Exchange Rate Regimes
- Chapter 6. Inflation and Disinflation Programs
- Chapter 7. Capital Inflows: Causes and Policy Responses
- Chapter 8. Financial Crises and Financial Volatility
- Chapter 9. Policy Tools for Macroeconomic Analysis
- Chapter 10. Growth, Poverty, and Inequality: Some Basic Facts
- Chapter 11. Growth and Technological Progress: The Solow-Swan Model
- Chapter 12. Knowledge, Human Capital, and Endogenous Growth
- Chapter 13. The Determinants of Economic Growth: An Empirical Overview
- Chapter 14. Trade and Labor Market Reforms
- Chapter 15. Fiscal Adjustment and Financial Sector Reforms
- Chapter 16. Aid, External Debt, and Growth
- Chapter 17. Sequencing, Gradualism, and the Political Economy of Adjustment
- Referencess
- Figure Credits
- Index