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Open-Economy Macroeconomics for Developing Countries

Open-Economy Macroeconomics for Developing Countries

by Anis Chowdhury and Akhand A. Hossain
Paperback
Publication Date: 25/05/2000

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"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.
ISBN:
9781840644531
9781840644531
Category:
Monetary economics
Format:
Paperback
Publication Date:
25-05-2000
Publisher:
Edward Elgar Publishing Ltd
Country of origin:
United Kingdom
Pages:
264
Dimensions (mm):
234x156x20mm
Weight:
0.41kg

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