Sinossi
This book develops macroeconomic theory for small open economies characterized by the sort of controls which make much of existing neoclassical economics inapplicable to developing countries. The applicability of this theory is demonstrated in an analysis of two temporary trade shocks in Africa.
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Recensione
an important study of the impact of state action on the rural poor (Economic Journal)
This book is a valuable contribution to development economics and ... to the economic theory of socialist decline and transition from socialism. (Journal of Development Economics)
Contenuti
List of figures; List of tables; Introduction; I. The Theory of Controlled Open Economies: Compatible control regimes: Appendix: Compatible trade and fiscal policies: the model; Incompatible control regimes: Appendix: Monte Carlo experiments with the two-period model; the theory of a temporary windfall in a controlled economy; II. Two African Applications: An application to the Kenyan coffee boom of 1974-1983: Appendix 1: A narrative of macroeconomic events; Appendix 2: The computable general equilibrium model; An application to the Tanzanian economic decline of 1975-1984; Macroeconomic experience compared; Conclusion: And a manifesto; References; Index
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Controlled Open Economies: A Neoclassical Approach to Structuralism (Clarendon Paperbacks).
Editore:
Oxford University Press, 1994
ISBN 10: 0198287836
ISBN 13: 9780198287834
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Da: Kloof Booksellers & Scientia Verlag, Amsterdam, Paesi Bassi
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Condizione: very good. Oxford : Oxford University Press, 1990. Paperback. 384 pp.- This book develops macroeconomic theory for small open economies characterized by the sort of controls which make much of existing neoclassical economics inapplicable to developing countries. It distinguishes between sustainable combinations of policies and incompatible control regimes. The authors analyze the changes needed to maintain compatibility and the consequences of failing to do so. They also consider optimal investments in response to a temporary shock. The second half of the book contains an analysis of two temporary trade shocks in Africa, in both compatible and incompatible control regimes, demonstrating the applicability of the theory. It shows that in a compatible regime, the regime and the fiscal response to changes in revenue may make the reaction to a shock grossly inefficient. Under incompatibility, an economy exposed to a negative shock may go into steep decline, while responses to conventional policies may be reversed. Library stamps. English text. Condition : very good. Condition : very good copy. ISBN 9780198287834. Keywords : , Codice articolo 39354
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Controlled Open Economies: A Neoclassical Approach to Structuralism (Clarendon Paperbacks) [Paperback] Bevan, David; Collier, Paul; Bigsten, Arne and Horsnell, Paul
Editore:
Oxford University Press, 1994
ISBN 10: 0198287836
ISBN 13: 9780198287834
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Da: Hay-on-Wye Booksellers, Hay-on-Wye, HEREF, Regno Unito
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Condizione: Very Good. Slight shelfwear, wear to edges and corners , scratches to cover, in a very good condition. Codice articolo 119989-2
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Foto dell'editore
Controlled Open Economies: A Neoclassical Approach to Structuralism (Clarendon Paperbacks) [Paperback] Bevan, David; Collier, Paul; Bigsten, Arne and Horsnell, Paul
Editore:
Oxford University Press, 1994
ISBN 10: 0198287836
ISBN 13: 9780198287834
Antico o usato
Brossura
Da: Hay-on-Wye Booksellers, Hay-on-Wye, HEREF, Regno Unito
Valutazione del venditore 5 su 5 stelle
Condizione: Good. Some shelfwear, scratches and wear to cover, in a good condition. Codice articolo 117142-1
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EUR 4,72
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Foto dell'editore
Controlled Open Economies: A Neoclassical Approach to Structuralism (Clarendon Paperbacks) [Paperback] Bevan, David; Collier, Paul; Bigsten, Arne and Horsnell, Paul
Editore:
Oxford University Press, 1994
ISBN 10: 0198287836
ISBN 13: 9780198287834
Antico o usato
Brossura
Da: Hay-on-Wye Booksellers, Hay-on-Wye, HEREF, Regno Unito
Valutazione del venditore 5 su 5 stelle
Condizione: Very Good. Some shelfwear, scratches and wear to cover, in a very good condition. Codice articolo 119998-1
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EUR 4,72
Spese di spedizione:
EUR 73,77
Da: Regno Unito a: U.S.A.
Quantità: 1 disponibili