Open-economy macroeconomics for developing countries

Anis Chowdhury, M.Akhtar Hossain, 著ChowdharyAnis(AssociateProfessorofEconomicsUniversityofWesternSydneyAustralia), 著ほか

"Open-Economy Macroeconomics for Developing Countries" focuses on fiscal, monetary and exchange rate issues of importance to less developed economies. The book argues that the dichotomy between the short-term macroeconomic stabilization goal and the long-term economic growth objective commonly found in developing countries' policy framework is inappropriate. The authors report empirical evidence to support the proposition that macroeconomic stability is a pre-requisite for sustained economic growth and the root of macroeconomic instability in developing countries lies in the government budget deficits.

出版社

E. Elgar

発売日

1998-01-01

ISBN

9781858982274