The Economics of Adjustment and Growth : : Second Edition / / Pierre-Richard Agénor, Pierre-Richard Agénor.

• Superior document: Title is part of eBook package: De Gruyter Harvard University Press eBook Package Backlist 2000-2013
• VerfasserIn: Agénor, Pierre-Richard,; Agénor, Pierre-Richard,
• Place / Publishing House: Cambridge, MA : : Harvard University Press, , [2004]; ©2004
• Year of Publication: 2004
• Language: English
• Physical Description: 1 online resource (784 p.)

This book provides a systematic and coherent framework for understanding the interactions between the micro and macro dimensions of economic adjustment policies; that is, it explores short-run macroeconomic management and structural adjustment policies aimed at promoting economic growth. It emphasizes the importance of structural microeconomic characteristics in the transmission of policy shocks and the response of the economy to adjustment policies. It has particular relevance to the economics of developing countries.The book is directed to economists interested in an overview of the economics of reform; economists in international organizations, such as the UN, the IMF, and the World Bank, dealing with development; and economists in developing countries. It is also a text for advanced undergraduate students pursuing a degree in economic policy and management and students in political science and public policy.

Table of Contents

Frontmatter -- Contents -- Acknowledgments -- Introduction and Overview -- 1 Budget Constraints and Aggregate Accounts -- 2 Consumption, Saving, and Investment -- 3 Fiscal Deficits, Public Debt, and the Current Account -- 4 The Financial System and Monetary Policy -- 5 Exchange Rate Regimes -- 6 Inflation and Disinflation Programs -- 7 Capital Inflows: Causes and Policy Responses -- 8 Financial Crises and Financial Volatility -- 9 Policy Tools for Macroeconomic Analysis -- 10 Growth, Poverty, and Inequality: Some Basic Facts -- 11 Growth and Technological Progress: The Solow-Swan Model -- 12 Knowledge, Human Capital, and Endogenous Growth -- 13 The Determinants of Economic Growth: An Empirical Overview -- 14 Trade and Labor Market Reforms -- 15 Fiscal Adjustment and Financial Sector Reforms -- 16 Aid, External Debt, and Growth -- 17 Sequencing, Gradualism, and the Political Economy of Adjustment -- References -- Figure Credits -- Index