The economics of adjustment and growth

書誌事項

The economics of adjustment and growth

Pierre-Richard Agénor

Academic Press, c2000

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注記

Includes bibliographical references (p. 684-718) and index

内容説明・目次

内容説明

The Economics of Adjustment and Growth moves the study of macroeconomics for developing economies away from the traditional static approach and toward a more dynamic, growth-oriented framework. Pierre-Richard Agenor presents an analysis of policy issues involved in designing economic adjustment programs in developing countries and structural reform policies aimed at fostering economic growth. Emphasizing the need to take into account the structural features of these countries, his work dwells on the considerable body of analytical research and empirical evidence of the past two decades in academic circles and international organizations. It provides cutting-edge analysis of many current real-world issues, such as financial crises and the role of trade integration in fostering economic growth. Overall the book offers an impressive overview of the macroeconomic and structural adjustment issues facing developing economies today.

目次

Introduction and Overview Consumption, Saving, and Investment The Financial System, Money Demand, and Monetary Policy Fiscal Deficits, Public Debt, and the Current Account Exchange Rate Regimes, Credibility, and Exchange Rate Adjustment Inflation and Disinflation Capital Inflows: Causes and Policy Responses Currency Crises and Financial Volatility Aggregate Accounts, Budget Constraints, and Model Consistency Policy Tools for Macroeconomic Analysis Growth, Poverty, and Income Distribution: Some Basic Facts Growth and Technological Progress: The Solow-Swan Model Knowledge, Human Capital, and Endogenous Growth The Determinants of Economic Growth: An Empirical Overview Structural Adjustment: Agriculture, Trade, and the Labor Market Fiscal and Financial Sector Reforms Adjustment and External Debt in Low-Income Countries Sequencing, Gradualism, and the Political Economy of Adjustment Annex A: The Information Sector and the Urban Labor Market Annex B: Informal Financial Markets Annex C: Exchange Market Unification References Index of Names Index of Subjects

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