This book is a teaching manual in non-technical language for policy-makers in developing countries. At the request of the Economic Development Institute of the World Bank, the editors assembled fourteen economists to write about the issues facing an open economy. The book focuses on policy instruments, their use and their constraints. Case studies of economic policy in various developing countries - including Argentina, Brazil, Indonesia, Korea, and Mexico - illustrate the problems and solutions. Development economists; economic policy-makers in developing countries.
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'well-written ... provide very good material for undergraduate courses in international economics or international political economy ... A most useful compilation.' David Collard, Economic Journal, Vol.100 No. 402 Sept '90
Rudiger Dornbusch is at Massachusetts Institute of Technology F. Leslie C. H. Helmers is former Chief of Studies at the World Bank.
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