Macroeconomics for Developing Countries (Routledge Advanced Texts in Economics and Finance) - Hardcover

Jha, Raghbendra

Hardcover

ISBN 10: 0415100259 ISBN 13: 9780415100250

Publisher: Routledge, 1995

Synopsis

Macroeconomics for Developing Countries presents a comprehensive study of the tools of macroeconomic analysis with particular emphasis on their application in Developing Countries. At the same time, it examines the debate over whether developing economies should have a completely different framework for dealing with macroeconomic problems. The book includes:
* alternative macroeconomic models of developing countries;
* theories of inflation and the balance of payments;
* internal and external debt;
* evaluations of IMF stabilization packages.

About this title

Review

'Jha's is a useful book ... a suitable text for a single semester module on development macroeconomics.' - Journal of International Development

'There are many reasons to recommend this book to readers ... deficiencies in the book are hard to find.' - Economic and Political Weekly

Synopsis

Negotiations and the GATT agreement have highlighted the different economic concerns between developed and developing countries. This has revived the debate about whether developing countries should apply Western policies to macroeconomic problems or develop a specific framework to suit their needs. Macroeconomics for Developing Countries brings this discussion into the economic mainstream. It provides a rigorous and comprehensive study of the standard macroeconomic theory necessary to understand this debate. The book falls into four parts. The first two present received macroeconomic theory in its closed and open economy versions. These are supported by a wide range of illustrations and examples from developing countries. The final two parts of the book are devoted entirely to the macroeconomic problems of developing countries. This includes a discussion of alternative macroeconomic models for developing countries in Part Three and a study of special policy problems facing developing countries in Part Four.

Macroeconomics for Developing Countries presents a valuable analysis of current debate in development economics and provides the intermediate macroeconomic theory necessary to understand it. Raghbendra Jha is Visiting Associate Professor of Economics at Queen's University, Kingston, Canada. He is on leave from Delhi School of Economics. He has extensive research experience and has published widely on aspects of development economics.

Edition details

• Publisher: Routledge
• Publication date: 1995
• Language: English
• ISBN 10: 0415100259
• ISBN 13: 9780415100250
• Binding: Hardcover
• Edition number: 1
• Number of pages: 324