2nd Edition. — Routledge, 2003. — ISBN 0415262143, 9780415262149.Text covers standard closed and open macroeconomic models, an evaluation of the post-Washington consensus model, IMF stabilization programs and their effects on developing economies, the problems of indebtedness, and financial sector reforms in developing countries. For students in development economics.Macroeconomic problems of developing countries National accounts and the macroeconomy The basic IS-LM-AS model in the closed The process of money creation and the Macroeconomic policy in an open economy Current account and asset demand approaches to balance of payments IMF-type macro models for developing countries A structuralist macro model for developing countries Dualistic models of output and inflation in developing countries Growth theory and developing country macroeconomics An evaluation of the IMF programmes in developing countries Macroeconomic dimensions of fiscal policy in developing countries The inflation rate and seignorage The problem of indebtedness of HIPC countries Exchange rate issues in developing countries The problem of indebtedness of HIPC growth in developing countries The international financial architecture and the developing countries A final word Bibliography Name index Subject index
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