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Macroeconomics in emerging markets

A relatively non-technical textbook in macroeconomics designed specifically for emerging economies, this book provides a model that upper-level undergraduate students can use to understand economic events in their countries. It also provides analysis of key macroeconomic problem areas such as fiscal deficits, financial sector reform, and exchange rate policies.

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  • "This book is a rigorous, yet nonmathematical analysis of key macroeconomic issues faced by emerging economies. The first part develops an analytical framework that can be used as a workhorse model to study short-run macroeconomic issues of stabilization and adjustment in such economies, comparable to the IS-LM framework widely used in intermediate-level macroeconomics textbooks for industrial countries. The rest of the book considers fiscal issues, financial sector issues, and issues concerning exchange rate regimes and policies. In the fiscal area, the focus is on the formulation of intertemporal policies, i.e. fiscal sustainability, seigniorage, and the roles of central bank independence and privatization of public enterprises in achieving fiscal credibility. The analysis of the financial sector examines its role in promoting welfare and growth. Finally, the book explores recent developments in the theory of appropriate exchange rate regimes and management, and provides an overview of recent currency crises in emerging markets."
  • "A relatively non-technical textbook in macroeconomics designed specifically for emerging economies, this book provides a model that upper-level undergraduate students can use to understand economic events in their countries. It also provides analysis of key macroeconomic problem areas such as fiscal deficits, financial sector reform, and exchange rate policies."@en
  • ""The macroeconomic experience of emerging and developing economies has tended to be quite different from that of industrial countries. Compared to industrial countries, emerging and developing economies have tended to be much more unstable, with more severe boom/bust cycles, episodes of high inflation, and a variety of financial crises. This textbook describes how the standard macroeconomic models that are used in industrial countries can be modified to help understand this experience, and how institutional and policy reforms in emerging and developing economies may affect their future macroeconomic performance. This second edition differs from the first in offering - extensive new material on themes such as fiscal institutions, inflation targeting, emergent market crises, and the Great Recession - numerous application boxes - end-of-chapter questions - references for each chapter - more diagrams, less taxonomy, and a more reader-friendly narrative - enhanced integration of all parts of the work"-- OCLC."
  • ""The macroeconomic experience of emerging and developing economies has tended to be quite different from that of industrial countries. Compared to industrial countries, emerging and developing economies have tended to be much more unstable, with more severe boom/bust cycles, episodes of high inflation, and a variety of financial crises. This textbook describes how the standard macroeconomic models that are used in industrial countries can be modified to help understand this experience, and how institutional and policy reforms in emerging and developing economies may affect their future macroeconomic performance. This second edition differs from the first in offering - extensive new material on themes such as fiscal institutions, inflation targeting, emergent market crises, and the Great Recession - numerous application boxes - end-of-chapter questions - references for each chapter - more diagrams, less taxonomy, and a more reader-friendly narrative - enhanced integration of all parts of the work"--"
  • ""The macroeconomic experience of emerging and developing economies has tended to be quite different from that of industrial countries. Compared to industrial countries, emerging and developing economies have tended to be much more unstable, with more severe boom/bust cycles, episodes of high inflation, and a variety of financial crises. This textbook describes how the standard macroeconomic models that are used in industrial countries can be modified to help understand this experience, and how institutional and policy reforms in emerging and developing economies may affect their future macroeconomic performance. This second edition differs from the first in offering - extensive new material on themes such as fiscal institutions, inflation targeting, emergent market crises, and the Great Recession - numerous application boxes - end-of-chapter questions - references for each chapter - more diagrams, less taxonomy, and a more reader-friendly narrative - enhanced integration of all parts of the work"--"@en
  • "This second edition textbook shows how macroeconomic models for industrial countries may be applied to emerging and developing economies."@en
  • "The macroeconomic experience of emerging and developing economies has tended to be quite different from that of industrial countries. Compared to industrial countries, emerging and developing economies have tended to be much more unstable, with more severe boom/bust cycles, episodes of high inflation and a variety of financial crises. This textbook describes how the standard macroeconomic models that are used in industrial countries can be modified to help understand this experience and how institutional and policy reforms in emerging and developing economies may affect their future macroeconomic performance. This second edition differs from the first in offering: extensive new material on themes such as fiscal institutions, inflation targeting, emergent market crises, and the Great Recession; numerous application boxes; end-of-chapter questions; references for each chapter; more diagrams, less taxonomy, and a more reader-friendly narrative; and enhanced integration of all parts of the work."

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  • "Ressource Internet (Descripteur de forme)"
  • "Llibres electrònics"
  • "Electronic books"
  • "Electronic books"@en
  • "Livre électronique (Descripteur de forme)"
  • "Electronic resource"
  • "Lehrbuch"

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  • "Macroeconomics in emerging markets"
  • "Macroeconomics in emerging markets"@en
  • "Macroeconomics in Emerging Markets"
  • "Macroeconomics in Emerging Markets"@en

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