The Economics of Adjustment and Growth
- 1st Edition - June 16, 2000
- Imprint: Academic Press
- Author: Pierre-Richard Agenor
- Language: English
- Hardback ISBN:9 7 8 - 0 - 1 2 - 0 4 4 5 5 5 - 4
- eBook ISBN:9 7 8 - 0 - 0 8 - 0 5 1 8 8 1 - 7
The Economics of Adjustment and Growth moves the study of macroeconomics for developing economies away from the traditional static approach and toward a more dynamic, growth… Read more
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The Economics of Adjustment and Growth moves the study of macroeconomics for developing economies away from the traditional static approach and toward a more dynamic, growth-oriented framework. Pierre-Richard Agénor presents an analysis of policy issues involved in designing economic adjustment programs in developing countries and structural reform policies aimed at fostering economic growth. Emphasizing the need to take into account the structural features of these countries, his work dwells on the considerable body of analytical research and empirical evidence of the past two decades in academic circles and international organizations. It provides cutting-edge analysis of many current real-world issues, such as financial crises and the role of trade integration in fostering economic growth. Overall the book offers an impressive overview of the macroeconomic and structural adjustment issues facing developing economies today.
Advanced undergraduate and graduate students, economists, and government researchers
Introduction and OverviewConsumption, Saving, and InvestmentThe Financial System, Money Demand, and Monetary PolicyFiscal Deficits, Public Debt, and the Current AccountExchange Rate Regimes, Credibility, and Exchange Rate AdjustmentInflation and DisinflationCapital Inflows: Causes and Policy ResponsesCurrency Crises and Financial VolatilityAggregate Accounts, Budget Constraints, and Model ConsistencyPolicy Tools for Macroeconomic AnalysisGrowth, Poverty, and Income Distribution: Some Basic FactsGrowth and Technological Progress: The Solow-Swan ModelKnowledge, Human Capital, and Endogenous GrowthThe Determinants of Economic Growth: An Empirical OverviewStructural Adjustment: Agriculture, Trade, and the Labor MarketFiscal and Financial Sector ReformsAdjustment and External Debt in Low-Income CountriesSequencing, Gradualism, and the Political Economy of AdjustmentAnnex A: The Information Sector and the Urban Labor MarketAnnex B: Informal Financial MarketsAnnex C: Exchange Market UnificationReferencesIndex of NamesIndex of Subjects
- Edition: 1
- Published: June 16, 2000
- Imprint: Academic Press
- Language: English
PA
Pierre-Richard Agenor
Pierre-Richard Agénor received his Ph.D. in Mathematical Economics and Econometrics from the University of Paris, Panthéon-Sorbonne. He has taught in France, Haiti, and the United Kingdom. Formerly an Economist at the International Monetary Fund, he is now a member of the Economic Development Institute at the World Bank.
Affiliations and expertise
The World Bank, Washington, D.C., U.S.A.