Controlled Open Economies: A Neoclassical Approach to Structuralism (Clarendon Paperbacks) - Softcover
Synopsis
This book develops macroeconomic theory for small open economies characterized by the sort of controls which make much of existing neoclassical economics inapplicable to developing countries. The applicability of this theory is demonstrated in an analysis of two temporary trade shocks in Africa.
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Review
an important study of the impact of state action on the rural poor (Economic Journal)
This book is a valuable contribution to development economics and ... to the economic theory of socialist decline and transition from socialism. (Journal of Development Economics)
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Controlled Open Economies: A Neoclassical Approach to Structuralism (Clarendon Paperbacks).
Published by
Oxford University Press, 1994
ISBN 10: 0198287836
ISBN 13: 9780198287834
Used
Softcover
Seller: Kloof Booksellers & Scientia Verlag, Amsterdam, Netherlands
Seller rating 4 out of 5 stars
Condition: very good. Oxford : Oxford University Press, 1990. Paperback. 384 pp.- This book develops macroeconomic theory for small open economies characterized by the sort of controls which make much of existing neoclassical economics inapplicable to developing countries. It distinguishes between sustainable combinations of policies and incompatible control regimes. The authors analyze the changes needed to maintain compatibility and the consequences of failing to do so. They also consider optimal investments in response to a temporary shock. The second half of the book contains an analysis of two temporary trade shocks in Africa, in both compatible and incompatible control regimes, demonstrating the applicability of the theory. It shows that in a compatible regime, the regime and the fiscal response to changes in revenue may make the reaction to a shock grossly inefficient. Under incompatibility, an economy exposed to a negative shock may go into steep decline, while responses to conventional policies may be reversed. Library stamps. English text. Condition : very good. Condition : very good copy. ISBN 9780198287834. Keywords : , Seller Inventory # 39354
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Controlled Open Economies: A Neoclassical Approach to Structuralism (Clarendon Paperbacks) [Paperback] Bevan, David; Collier, Paul; Bigsten, Arne and Horsnell, Paul
Published by
Oxford University Press, 1994
ISBN 10: 0198287836
ISBN 13: 9780198287834
Used
Softcover
Seller: Hay-on-Wye Booksellers, Hay-on-Wye, HEREF, United Kingdom
Seller rating 5 out of 5 stars
Condition: Very Good. Slight shelfwear, wear to edges and corners , scratches to cover, in a very good condition. Seller Inventory # 119989-2
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Controlled Open Economies: A Neoclassical Approach to Structuralism (Clarendon Paperbacks) [Paperback] Bevan, David; Collier, Paul; Bigsten, Arne and Horsnell, Paul
Published by
Oxford University Press, 1994
ISBN 10: 0198287836
ISBN 13: 9780198287834
Used
Softcover
Seller: Hay-on-Wye Booksellers, Hay-on-Wye, HEREF, United Kingdom
Seller rating 5 out of 5 stars
Condition: Good. Some shelfwear, scratches and wear to cover, in a good condition. Seller Inventory # 117142-1
Stock Image
Controlled Open Economies: A Neoclassical Approach to Structuralism (Clarendon Paperbacks) [Paperback] Bevan, David; Collier, Paul; Bigsten, Arne and Horsnell, Paul
Published by
Oxford University Press, 1994
ISBN 10: 0198287836
ISBN 13: 9780198287834
Used
Softcover
Seller: Hay-on-Wye Booksellers, Hay-on-Wye, HEREF, United Kingdom
Seller rating 5 out of 5 stars
Condition: Very Good. Some shelfwear, scratches and wear to cover, in a very good condition. Seller Inventory # 119998-1