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Stabilization and Structural Adjustment

Author : Finn Tarp
Publisher : Routledge
Page : 233 pages
File Size : 31,91 MB
Release : 2002-09-11
Category : Business & Economics
ISBN : 1134891989

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This book reveals and examines the relevance of the macroeconomic theory and models behind recommendations for stabilization and structual adjustment. Alternaive analytical approaches are discusses. This is done on the basis of an up-to-date review of developments in sub-saharan Africa during the 1980's and within a common analytical framework.

The IMF Approach to Economic Stabilization

Author : Mr.Michael Mussa
Publisher : International Monetary Fund
Page : 43 pages
File Size : 48,27 MB
Release : 1999-07-01
Category : Business & Economics
ISBN : 1451852746

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This paper explains the IMF approach to economic stabilization. It argues that a Fund-supported program is a process, comprising six broadly defined phases, that evolves along a multiplicity of potential pathways. The paper discusses the three-pronged approach to stabilization at the core of all IMF-supported programs, stresses the iterative character of “financial programming,” and explains the rationale for setting quantitative performance criteria for fiscal and monetary policy in IMF-supported arrangements. A main theme is that IMF-supported programs contain a great deal of flexibility to respond both to differences in circumstances and to changes in conditions in individual cases.

Basic Methods of Policy Analysis and Planning

Author : Carl Patton
Publisher : Routledge
Page : 481 pages
File Size : 45,28 MB
Release : 2015-08-26
Category : Political Science
ISBN : 1317350006

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Updated in its 3rd edition, Basic Methods of Policy Analysis and Planning presents quickly applied methods for analyzing and resolving planning and policy issues at state, regional, and urban levels. Divided into two parts, Methods which presents quick methods in nine chapters and is organized around the steps in the policy analysis process, and Cases which presents seven policy cases, ranging in degree of complexity, the text provides readers with the resources they need for effective policy planning and analysis. Quantitative and qualitative methods are systematically combined to address policy dilemmas and urban planning problems. Readers and analysts utilizing this text gain comprehensive skills and background needed to impact public policy.

Our Continent, Our Future

Author : P. Thandika Mkandawire
Publisher : IDRC
Page : 192 pages
File Size : 41,57 MB
Release : 2014-05-14
Category : Political Science
ISBN : 155250204X

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Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a collection of 30 individual studies, 25 of which were from African economists, to summarize this African perspective and articulate a path for the future. They underscore the need to be sensitive to each country's unique history and current condition. They argue for a broader policy agenda and for a much more active role for the state within what is largely a market economy. Finally, they stress that Africa must, and can, compete in an increasingly globalized world and, perhaps most importantly, that Africans must assume the leading role in defining the continent's development agenda.

Implications of Economic Policy for Food Security

Author : Anne Margaret Thomson
Publisher : Food & Agriculture Org.
Page : 316 pages
File Size : 37,36 MB
Release : 1999
Category : Business & Economics
ISBN : 9789251043790

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A manual aimed at helping policy analysts improve their understanding of the concept of food security and the problems related to it. Food security is defined as having an available, stable, and accessible food supply for each human being. The food system, including the production and transformation of food, is studied to show the causes of food insecurity; how international, macro-level and agricultural sector policies affect the food system; and how national and international policies that could improve food security can be identified.

Modelling Macroeconomic Adjustment with Growth in Developing Economies

Author : Sushanta K. Mallick
Publisher : Routledge
Page : 167 pages
File Size : 29,32 MB
Release : 2018-08-13
Category : Business & Economics
ISBN : 0429834160

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First published in 1999, this influential volume explores Macroeconomic Adjustment with a particular focus on India. Its inspiration originated from the introduction of stabilisation and structural adjustment policies in India in 1991. Mallick examines the application of this policy package by the International Monetary Fund and the World Bank to Developing Economies. First looking at the initial conditions and generators of imbalances, the appropriate policy framework for India’s initial conditions and structural characteristics is considered. While the effectiveness of the IMF had been strongly criticised, Mallick explains how it could be used more effectively. He argues that the programs applied are often contradictory and, using India as an example, examines the effects of policy reform on its trade sector, the repercussions on the direct economy and the costs associated with such policies in restoring stability and future economic growth, with particular support for the Vector Autoregression (VAR) framework. Mallick forwards a new structural model for policy purposes, evaluated for overall performance and optimal control.

Open Economy Macroeconomics in East Asia

Author : Ahmad Zubaidi Baharumshah
Publisher : Routledge
Page : 262 pages
File Size : 17,21 MB
Release : 2017-11-30
Category : Business & Economics
ISBN : 1351152106

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The East Asia countries were among the fastest growing economies in the world and of increasing importance to the world economy. These countries have taken the lead in adopting outward-oriented development policies. This volume focuses on the major issues on open economy macroeconomics in the East Asia economies that will be instructive to both academics and policymakers. The emphasis is on the countries that were severely affected by the 1997/98 Asian financial crises. Several aspects of exchange rate, current account, budget deficits, monetary and financial issues are considered in this book. In addition, several chapters are devoted to discussion on the issues of economic integration in the region. The contagion and the currency crisis are also discussed thoroughly. Most of the chapters are empirical in nature and the empirical evidence provided is based on the recent development in time series econometrics methods.

Economic Analysis of Policy-based Operations

Author : Richard Bolt
Publisher :
Page : 208 pages
File Size : 43,91 MB
Release : 2004-04
Category : Business & Economics
ISBN :

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This study provides a systematic approach to the key dimensions of analysis in support of policy-based operations. Concepts presented include understanding the macroeconomic context of sector policy reforms using a macro-meso-micro perspective, using dimensions of sector diagnosis to identify sequential binding constraints to development in a prevailing policy and institutional environment, and assessing the effects of policy change. Also included are examples of measuring the costs of policy change and lessons from incorporating policy change assessments into policy operation design.