Studies in the macroeconomics of developing countries
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Bibliographic Information
Studies in the macroeconomics of developing countries
Oxford University Press, 1989
Available at / 16 libraries
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Library, Institute of Developing Economies, Japan External Trade Organization図
C||330.1||S113327630
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Includes index
Description and Table of Contents
Description
This collection of studies sheds light on some of the most important issues in macro and microeconomic policies in developing countries. The models are built around the major institutional and economic structures of these countries. The studies pay special attention to the macro impact of certain important factors. These include the marketable surplus of food, the terms of trade between industry and agriculture, and strong land preferences. The availability of credit, investment patterns, and transaction difficulties are also considered. The authors attempt to clarify the consequences of procurement and ration prices, subsidies on food and the various methods of financing subsidies on market prices, income distribution and industrial production. They also make a comparative evaluation of the effectiveness of price increases, budget deficits, and value added taxes in financing the expenditure of developing countries. The results of these studies are interesting. While some findings support conventional thinking in development economics, others suggest that some macroeconomic theories are nonsensical and thus pinpoint the need for new, explicit modelling in this field.
Table of Contents
- Mihir Rakshit: Effective demand in a developing country: approaches and issues
- Amitava Bose: Short period equilibrium in a less developed economy
- Dipankar Dasgupta: Procurement price, market price, employment and effective demand
- Chandana Das: Food policy in a dual economy
- Soumyen Sikdar: Deficit financing, administered prices and indirect taxation: a macroeconomic exercise
- Amal Sanyal, Anjan Mukherjee, & Prabhat Patnaik: Stocks, credit and the commodity market: a preliminary exercise
- Sudipto Dasgupta, & Anup K. Sinha: Erratic dynamics of dual economies
- Mihir Rakshit: Underdevelopment of commodity, credit and land markets: some macroeconomic implications.
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