Macroeconomics for Developing Countries presents a comprehensive and rigorous study of the tools of macroeconomic analysis. At the same time, it examines the debate over whether developing economies should have a completely different framework for dealing with macroeconomic problems. The book includes:
* Alternative macroeconomic models of developing countries;
* Theories of inflation and the balance of payments;
* Internal and external debt;
* Evaluations of IMF stabilization packages.
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'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
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