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- catalog abstract "In the past, macroeconomic approaches to developing countries were divided into ideologically charged "monetarist" or "structuralist" categories. But in recent years a vast literature has treated developing and, now, transitional economies with the analytical tools of modern macroeconomics. Presenting this new work in a unified way that underscores the similarities as well as the differences among countries is the agenda accomplished in this book. Agenor and Montiel include extensive empirical material describing the characteristics of developing countries today. They identify several crucial ways in which these aforesaid countries are different from the advanced economies treated in more traditional textbooks. Specifically, by showing notably how the terms of trade; the segmentation of markets for capital, labor, and goods; the open economy; and political structures affect policy formation, Agenor and Montiel provide researchers and students alike with an analytically coherent approach to the issues. Further, they show how decisions made in one sphere of the economy can affect others, and what the implications might be.".
- catalog contributor b8194244.
- catalog contributor b8194245.
- catalog contributor b8194246.
- catalog coverage "Developing countries Economic conditions.".
- catalog created "c1996.".
- catalog date "1996".
- catalog date "c1996.".
- catalog dateCopyrighted "c1996.".
- catalog description "1. Scope of Development Macroeconomics -- 2. Aggregate Accounts, Production, and Market Structure -- 3. Behavioral Functions -- 4. Fiscal Deficits, Public Solvency, and the Macroeconomy -- 5. Financial Markets, Capital Mobility, and Monetary Policy -- 6. Exchange-Rate Management I: Credibility and Crises -- 7. Exchange-Rate Management II: Contractionary Devaluation and Real-Exchange-Rate Rules -- 8. An Overview of Stabilization Programs -- 9. Inflation and Short-Run Dynamics -- 10. Analytical Issues in Disinflation Programs -- 11. Stabilization Policies with Informal Financial Markets -- 12. Models of Stabilization and Growth -- 13. The Debt Overhang, Investment, and Growth -- 14. Trade, Financial, and Exchange-Rate Reforms -- 15. Human Capital, Financial Intermediation, and Growth -- 16. The Political Economy of Stabilization and Adjustment -- 17. Macroeconomic Adjustment with Segmented Labor Markets.".
- catalog description "In the past, macroeconomic approaches to developing countries were divided into ideologically charged "monetarist" or "structuralist" categories. But in recent years a vast literature has treated developing and, now, transitional economies with the analytical tools of modern macroeconomics. Presenting this new work in a unified way that underscores the similarities as well as the differences among countries is the agenda accomplished in this book. Agenor and Montiel include extensive empirical material describing the characteristics of developing countries today. They identify several crucial ways in which these aforesaid countries are different from the advanced economies treated in more traditional textbooks.".
- catalog description "Includes bibliographical references (p. [625]-660) and indexes.".
- catalog description "Specifically, by showing notably how the terms of trade; the segmentation of markets for capital, labor, and goods; the open economy; and political structures affect policy formation, Agenor and Montiel provide researchers and students alike with an analytically coherent approach to the issues. Further, they show how decisions made in one sphere of the economy can affect others, and what the implications might be.".
- catalog extent "xxiii, 679 p. :".
- catalog identifier "0691034133 (cloth : alk. paper)".
- catalog issued "1996".
- catalog issued "c1996.".
- catalog language "eng".
- catalog publisher "Princeton, N.J. : Princeton University Press,".
- catalog spatial "Developing countries Economic conditions.".
- catalog subject "330.9172/4 20".
- catalog subject "Development economics.".
- catalog subject "HC59.7 .A7422 1996".
- catalog subject "Macroeconomics.".
- catalog tableOfContents "1. Scope of Development Macroeconomics -- 2. Aggregate Accounts, Production, and Market Structure -- 3. Behavioral Functions -- 4. Fiscal Deficits, Public Solvency, and the Macroeconomy -- 5. Financial Markets, Capital Mobility, and Monetary Policy -- 6. Exchange-Rate Management I: Credibility and Crises -- 7. Exchange-Rate Management II: Contractionary Devaluation and Real-Exchange-Rate Rules -- 8. An Overview of Stabilization Programs -- 9. Inflation and Short-Run Dynamics -- 10. Analytical Issues in Disinflation Programs -- 11. Stabilization Policies with Informal Financial Markets -- 12. Models of Stabilization and Growth -- 13. The Debt Overhang, Investment, and Growth -- 14. Trade, Financial, and Exchange-Rate Reforms -- 15. Human Capital, Financial Intermediation, and Growth -- 16. The Political Economy of Stabilization and Adjustment -- 17. Macroeconomic Adjustment with Segmented Labor Markets.".
- catalog title "Development macroeconomics / Pierre-Richard Agénor and Peter J. Montiel.".
- catalog type "text".