Author: Bhanupong Nidhiprabha
Publisher: Routledge
ISBN: 1317238133
Category : Business & Economics
Languages : en
Pages : 262
Book Description
Macroeconomic policies matter for sustainable long-term growth. With global fluctuations, deviation from a stable growth path can be minimized by countercyclical macro policies, if properly implemented. This book examines Thailand’s 55 years of experience in macroeconomic management and provides valuable lessons for other emerging economies at various stages of development on what could have been done to avoid economic instability. It also examines how short-term complications can develop into perennial problems obstructing the process of economic development. The book provides an alternative approach to the study of economic growth through the inclusion of both economic history and institutional context, appealing to academics and economists who focus on economic growth, economic development, international macroeconomics, public policy study, business cycles, and the open-market economy.
Macroeconomic Policy for Emerging Markets
Author: Bhanupong Nidhiprabha
Publisher: Routledge
ISBN: 1317238133
Category : Business & Economics
Languages : en
Pages : 262
Book Description
Macroeconomic policies matter for sustainable long-term growth. With global fluctuations, deviation from a stable growth path can be minimized by countercyclical macro policies, if properly implemented. This book examines Thailand’s 55 years of experience in macroeconomic management and provides valuable lessons for other emerging economies at various stages of development on what could have been done to avoid economic instability. It also examines how short-term complications can develop into perennial problems obstructing the process of economic development. The book provides an alternative approach to the study of economic growth through the inclusion of both economic history and institutional context, appealing to academics and economists who focus on economic growth, economic development, international macroeconomics, public policy study, business cycles, and the open-market economy.
Publisher: Routledge
ISBN: 1317238133
Category : Business & Economics
Languages : en
Pages : 262
Book Description
Macroeconomic policies matter for sustainable long-term growth. With global fluctuations, deviation from a stable growth path can be minimized by countercyclical macro policies, if properly implemented. This book examines Thailand’s 55 years of experience in macroeconomic management and provides valuable lessons for other emerging economies at various stages of development on what could have been done to avoid economic instability. It also examines how short-term complications can develop into perennial problems obstructing the process of economic development. The book provides an alternative approach to the study of economic growth through the inclusion of both economic history and institutional context, appealing to academics and economists who focus on economic growth, economic development, international macroeconomics, public policy study, business cycles, and the open-market economy.
Macroeconomics in Emerging Markets
Author: Peter J. Montiel
Publisher: Cambridge University Press
ISBN: 9780521785518
Category : Business & Economics
Languages : en
Pages : 460
Book Description
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 currency crises.
Publisher: Cambridge University Press
ISBN: 9780521785518
Category : Business & Economics
Languages : en
Pages : 460
Book Description
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 currency crises.
Macroeconomics in Emerging Markets
Author: Peter J. Montiel
Publisher: Cambridge University Press
ISBN: 0521780608
Category : Business & Economics
Languages : en
Pages : 457
Book Description
Table of contents
Publisher: Cambridge University Press
ISBN: 0521780608
Category : Business & Economics
Languages : en
Pages : 457
Book Description
Table of contents
Dealing with the Challenges of Macro Financial Linkages in Emerging Markets
Author: Otaviano Canuto
Publisher: World Bank Publications
ISBN: 1464800030
Category : Business & Economics
Languages : en
Pages : 307
Book Description
This book deals with the challenges of macro financial linkages in the emerging markets.
Publisher: World Bank Publications
ISBN: 1464800030
Category : Business & Economics
Languages : en
Pages : 307
Book Description
This book deals with the challenges of macro financial linkages in the emerging markets.
Macroeconomics in Emerging Markets
Author: Peter J. Montiel
Publisher: Cambridge University Press
ISBN: 1139498339
Category : Business & Economics
Languages : en
Pages : 779
Book Description
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.
Publisher: Cambridge University Press
ISBN: 1139498339
Category : Business & Economics
Languages : en
Pages : 779
Book Description
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.
Macroeconomic Shocks and Unconventional Monetary Policy
Author: Naoyuki Yoshino
Publisher: Oxford University Press, USA
ISBN: 0198838107
Category : Business & Economics
Languages : en
Pages : 345
Book Description
Barely two decades after the Asian financial crisis Asia was suddenly confronted with multiple challenges originating outside the region: the 2008 global financial crisis, the European debt crisis, and finally developed economies' implementation of unconventional monetary policies. The implementation of quantitative easing, ultra-low interest rate policies, and negative interest rate policies by a number of large central banks has given rise to concerns over financial stability and international capital flows. Macroeconomic Shocks and Unconventional Monetary Policy: Impacts on Emerging Markets explains how shocks stemming from the global financial crisis have affected macroeconomic and financial stability in emerging Asia. Macroeconomic Shocks and Unconventional Monetary Policy: Impacts on Emerging Markets brings together the most up-to-date knowledge impacts of recent macroeconomic shocks on Asia's real economy; the spillover effects of macroeconomic shocks on financial markets and flows in Asia; and key challenges for monetary, exchange rate, trade and macro prudential policies of developing Asian economies. It is authored by experts in the field of international macroeconomics from leading academic institutions, central banks, and international organizations including the International Monetary Fund, the Bank for International Settlement, and the Asian Development Bank Institute.
Publisher: Oxford University Press, USA
ISBN: 0198838107
Category : Business & Economics
Languages : en
Pages : 345
Book Description
Barely two decades after the Asian financial crisis Asia was suddenly confronted with multiple challenges originating outside the region: the 2008 global financial crisis, the European debt crisis, and finally developed economies' implementation of unconventional monetary policies. The implementation of quantitative easing, ultra-low interest rate policies, and negative interest rate policies by a number of large central banks has given rise to concerns over financial stability and international capital flows. Macroeconomic Shocks and Unconventional Monetary Policy: Impacts on Emerging Markets explains how shocks stemming from the global financial crisis have affected macroeconomic and financial stability in emerging Asia. Macroeconomic Shocks and Unconventional Monetary Policy: Impacts on Emerging Markets brings together the most up-to-date knowledge impacts of recent macroeconomic shocks on Asia's real economy; the spillover effects of macroeconomic shocks on financial markets and flows in Asia; and key challenges for monetary, exchange rate, trade and macro prudential policies of developing Asian economies. It is authored by experts in the field of international macroeconomics from leading academic institutions, central banks, and international organizations including the International Monetary Fund, the Bank for International Settlement, and the Asian Development Bank Institute.
Macroeconomic Policies for Stable Growth
Author: Delano Villanueva
Publisher: World Scientific
ISBN: 9812818308
Category : Business & Economics
Languages : en
Pages : 271
Book Description
"This volume is a collection of published and unpublished papers that the author has written over the last two decades during part of his tenure at the International Monetary Fund, the South East Asian Central Banks Research and Training Center, and Singapore Management University. The policy-oriented book examines the links between macroeconomic policies and noninflationary, full-employment levels and growth rates of aggregate gross domestic product, with particular focus on the application in emerging markets of the tools of growth theory. Theoretically sound and grounded in practical wisdom, this book is an essential reading for economic, financial and developmental policymakers, professional economists, and undergraduate/graduate students in economics and social sciences."--BOOK JACKET.
Publisher: World Scientific
ISBN: 9812818308
Category : Business & Economics
Languages : en
Pages : 271
Book Description
"This volume is a collection of published and unpublished papers that the author has written over the last two decades during part of his tenure at the International Monetary Fund, the South East Asian Central Banks Research and Training Center, and Singapore Management University. The policy-oriented book examines the links between macroeconomic policies and noninflationary, full-employment levels and growth rates of aggregate gross domestic product, with particular focus on the application in emerging markets of the tools of growth theory. Theoretically sound and grounded in practical wisdom, this book is an essential reading for economic, financial and developmental policymakers, professional economists, and undergraduate/graduate students in economics and social sciences."--BOOK JACKET.
Informality and Macroeconomic Policy in Emerging Markets
Author: Livio Cuzzi Maya
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
This doctoral thesis is a collection of three independent articles in the field of Macroeconomics written during my period as PhD student at Stanford University. They have the common characteristic of being motivated by questions that, in my view, pertain mostly to emerging market economies. The first two articles were written in close collaboration with my friend Gustavo Pereira, who is currently a fellow PhD student at Columbia University. These two chapters study different aspects of informal labor hiring, or informality, which is common and widespread in developing economies, but which also affects - perhaps in a distinct format - advanced economies. The third article, written entirely by myself, studies a medium-scale, New-Keynesian model in the presence of fiscal dominance. The main goal is to study the properties of deficit financing in emerging markets. In particular, the extent to which news about public finances change the perceived value of public debt and, therefore, inflation.
Publisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
This doctoral thesis is a collection of three independent articles in the field of Macroeconomics written during my period as PhD student at Stanford University. They have the common characteristic of being motivated by questions that, in my view, pertain mostly to emerging market economies. The first two articles were written in close collaboration with my friend Gustavo Pereira, who is currently a fellow PhD student at Columbia University. These two chapters study different aspects of informal labor hiring, or informality, which is common and widespread in developing economies, but which also affects - perhaps in a distinct format - advanced economies. The third article, written entirely by myself, studies a medium-scale, New-Keynesian model in the presence of fiscal dominance. The main goal is to study the properties of deficit financing in emerging markets. In particular, the extent to which news about public finances change the perceived value of public debt and, therefore, inflation.
Policy Responses to Capital Flows in Emerging Markets
Author: Mahmood Pradhan
Publisher: International Monetary Fund
ISBN: 1463935129
Category : Business & Economics
Languages : en
Pages : 45
Book Description
Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience interested in economic policy issues. This Web-only series replaced Staff Position Notes in January 2011.
Publisher: International Monetary Fund
ISBN: 1463935129
Category : Business & Economics
Languages : en
Pages : 45
Book Description
Staff Discussion Notes showcase the latest policy-related analysis and research being developed by individual IMF staff and are published to elicit comment and to further debate. These papers are generally brief and written in nontechnical language, and so are aimed at a broad audience interested in economic policy issues. This Web-only series replaced Staff Position Notes in January 2011.
Macroeconomic Policy
Author: Farrokh Langdana
Publisher: Springer Science & Business Media
ISBN: 0387776664
Category : Business & Economics
Languages : en
Pages : 298
Book Description
This is an applications-oriented text that demystifies the linkages between monetary and fiscal policies and key macroeconomic variables such as income, unemployment, inflation and interest rates. Specially written "newspaper" articles simulate current macroeconomic news on asset-price bubbles, exchange rates, hyperinflation and more. Exercises and diagrams, and a global perspective – incorporating both developed and emerging economies - make this a broadly useful, real-world oriented text on a complex and shifting subject.
Publisher: Springer Science & Business Media
ISBN: 0387776664
Category : Business & Economics
Languages : en
Pages : 298
Book Description
This is an applications-oriented text that demystifies the linkages between monetary and fiscal policies and key macroeconomic variables such as income, unemployment, inflation and interest rates. Specially written "newspaper" articles simulate current macroeconomic news on asset-price bubbles, exchange rates, hyperinflation and more. Exercises and diagrams, and a global perspective – incorporating both developed and emerging economies - make this a broadly useful, real-world oriented text on a complex and shifting subject.