This Book Reviews The Macroeconomic Experiences Of Eithteen Developing Countries And Looks At The Interplay Between Potitics And Economics And The Motivations For Economic Policies. The Review Primarily Covers The Turbulent Years From 1974 To 1989 But Sometimes Looks Back To 1965 And Forward To 1992. The Different Policy Reactions To External Shocks Are Described. The Four Authors Ask Why Experiences And Policy Reactions Have Differed Among The Countries And How Growth Rates Were Affected; They Draw Important Lessons For The Future And Provide Detailed Analyses Of Inflation And Stabilization Episodes In Argentina, Brazil, Chile, Indonesia, Mexico, And Turkey. Other Large Countries Included In The Study Are India, Korea, Morroco, Nigeria, Pakistan, And Thailand. The Authors Examine Why Some Countries Have Managed To Maintain Low Inflation, And They Compare Exchange Rate Regimes. An Entire Chapter Looks At The Interplay Between Politics And Economics, And The Final Chapter Makes Specific Policy Recommendations. A Brief Survey Of The World Economy -- The Period Of Cheap And Easy Credit: 1973-1979 -- Heading For Crisis: 1979-1982 -- A Slow Recovery For Most: 1983-1989 -- Inflation In The Eighteen Countries -- Stories Of High Inflation And Stabilization -- Exchange Rate Policy: Devaluations And Regime Changes -- Trade Policies: Tightening And Liberalization -- Fiscal And Monetary Policies -- Macroeconomic Management And Long-run Growth -- The Political Economy Of Stabilization And Adjustment -- Conclusion: The Lessons Of Experience. I.m.d. Little ... [et Al.]. A World Bank Book. Includes Bibliographical References (p. 433-445) And Indexes.

Little, I. M. D., Cooper, Richard N., Corden, W. Max, Rajapatirana, Sarath

I.M.D. Little; W. Max Corden

Little, I. M. D., 1918-2012

I.M.D. Little ... [et al.]

I. M. D Little; World Bank

Ian Malcolm David Little

Oxford University Press for the World Bank

IRL Press at Oxford University Press

Oxford Institute for Energy Studies

German Historical Institute London

The World Bank comparative macroeconomic studies, New York, c1993

World Bank comparative macroeconomic studies, Oxford, 1993

United Kingdom and Ireland, United Kingdom

Oxford, England, 1993

New Edition, 1993

Includes bibliographical references (p. 433-445) and indexes.
"A World Bank book."

Boom, Crisis, and Adjustment reviews the macroeconomic experiences of eighteen developing countries from 1974 to 1989. The authors address why the experiences and policy reactions have differed among the countries, and how their individual growth rates were affected by these policy
reactions.

x, 455 p. : 25 cm
"A World Bank book."
Includes bibliographical references (p. 433-445) and indexes

2023-06-28