Macroeconomics for Developing Countries by Raghbendra JhaMacroeconomics for Developing Countries by Raghbendra Jha

Macroeconomics for Developing Countries

byRaghbendra JhaEditorRaghbendra Jha

Paperback | May 16, 2003

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This comprehensively revised and updated edition develops the themes contained in the first edition. Students and teachers who are familiar with the book will notice that half of the chapters are entirely new, with the other half having changed significantly to take into account the changes that have occurred in the global economy since the turn of the millennium.
With questions for discussion and excellent use of case studies, the book covers such themes as:
*standard closed and open macroeconomic models
*a full evaluation of the post-Washington consensus model
*IMF stabilization programs and their effects on developing economies
*the pressing problems of indebtedness
*financial sector reforms in developing countries

This informative, accessible and lucid textbook is the ideal accompaniment for students of development economics and it will prove popular with lecturers and academics alike.
Title:Macroeconomics for Developing CountriesFormat:PaperbackPublished:May 16, 2003Publisher:Taylor and FrancisLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0415262143

ISBN - 13:9780415262149


Table of Contents

Preface to the second edition, Preface to the fist editionPart I: The Basic Macroeconomic Framework1. Macroeconomic problems of developing countries 2. National accounts and the macroeconomy 3. The basic IS-LM-AS model in the closed economy 4. The process of money creation and the demand for money 5. Macroeconomic policy in an open economy 6. Current account and asset demand approaches to balance of paymentsPart 2: Macroeconomic Models of Developing Countries7. IMF type macro models for developing countries 8. A structuralist macros model for developing countries 9. Dualistic models of output and inflation in developing countries 10. Growth, theory and developing country macroeconomicsPart 3: Policy Dilemmas faced by Developing Countries11. An evaluation of the IMF programs in developing countries 12. Macroeconomic dimensions of fiscal policy in developing countries 13. The inflation rate and seignorage 14. The problem of indebtedness of HIPC countries 15. The exchange rate issues in developing countriesPart 4: Issues in Developing Country Macroeconomics16. Financial market liberalization and economic growth in developing countries 17. The international financial architecture and developing countries 18. A final word, Bibliography, Name index, Subject Index

Editorial Reviews

'Macroeconomic policy is one of the most important area of development strategy. But until now we have lacked a guide to the macro-economics of developing countries. With the publication of the second edition of Raghav Jha's 'Macro-economics for Developing Countries', we now have an incisive and well-balanced view of some of the most urgent and important issues for facing the poorer world.' - Tony Addison, Deputy Director, World Institute for Development Economics Research, United Nations University