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Macroeconomic Models for Adjustment in Developing Countries

Macroeconomic Models for Adjustment in Developing Countries »

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

DOI: http://dx.doi.org/10.5089/9781557752192.071

ISBN: 9781557752192

Keywords: inflation, money stock, money supply, monetary fund, exchange rate

This volume, edited by Mohsin S. Khan, Peter J. Montiel, and Nadeem U. Haque, examines recent IMF-developed empirical macroeconomic models dealing with adjustment and stabilization policies in developing countries....

8 Stabilization Policies in Developing Countries with a Parallel Market for Foreign Exchange

8 Stabilization Policies in Developing Countries with a Parallel Market for Foreign Exchange »

Source: Macroeconomic Models for Adjustment in Developing Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

ISBN: 9781557752192

Keywords: inflation, money stock, money supply, monetary fund, exchange rate

W idespread trade restrictions and foreign exchange controls have resulted in inefficient patterns of resource use and led to the emergence of parallel markets in goods and foreign c...

9 A Macroeconometric Model for Developing Countries

9 A Macroeconometric Model for Developing Countries »

Source: Macroeconomic Models for Adjustment in Developing Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

ISBN: 9781557752192

Keywords: inflation, money stock, money supply, monetary fund, exchange rate

D espite the increased attention that macroeconomic management in developing countries has received during the past decade, no consensus has emerged on the appropriate analytical fra...

10 Dynamic Responses to Policy and Exogenous Shocks in an Empirical Developing Country Model with Rational Expectations

10 Dynamic Responses to Policy and Exogenous Shocks in an Empirical Developing Country Model with Rational Expectations »

Source: Macroeconomic Models for Adjustment in Developing Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

ISBN: 9781557752192

Keywords: inflation, money stock, money supply, monetary fund, exchange rate

S hocks emanating from domestic policies or from changes in the external economic environment in developing countries invariably set off a dynamic process of adjustment that frequent...

11 A Forward-Looking Macroeconomic Simulation Model for a Developing Country

11 A Forward-Looking Macroeconomic Simulation Model for a Developing Country »

Source: Macroeconomic Models for Adjustment in Developing Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

ISBN: 9781557752192

Keywords: inflation, money stock, money supply, monetary fund, exchange rate

M acroeconomic policy in developing countries has received considerable attention in recent years as continuing external and internal imbalances have contributed to a slowdown in gro...

1 Introduction

1 Introduction »

Source: Macroeconomic Models for Adjustment in Developing Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

ISBN: 9781557752192

Keywords: inflation, money stock, money supply, monetary fund, exchange rate

M ost Developing countries at one time or another have faced the need for macroeconomic adjustment. Such a need typically arises when a country experiences a persisting imbalance bet...

2 A Model of Adjustment and Growth An Empirical Analysis

2 A Model of Adjustment and Growth An Empirical Analysis »

Source: Macroeconomic Models for Adjustment in Developing Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

ISBN: 9781557752192

Keywords: inflation, money stock, money supply, monetary fund, exchange rate

T he Concept of “growth-oriented adjustment,” or the notion that economic growth is essential for the achievement of the twin goals of a sustained reduction in inflation and a viable...

3 Stabilization Programs in Developing Countries: A Formal Framework

3 Stabilization Programs in Developing Countries: A Formal Framework »

Source: Macroeconomic Models for Adjustment in Developing Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

ISBN: 9781557752192

Keywords: inflation, money stock, money supply, monetary fund, exchange rate

M ost developing countries have at one time or another faced the twin problems of a high domestic rate of inflation and a deficit in the balance of payments. The cause of these probl...

4 Prices, Output, and the Trade Balance in Iran

4 Prices, Output, and the Trade Balance in Iran »

Source: Macroeconomic Models for Adjustment in Developing Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

ISBN: 9781557752192

Keywords: inflation, money stock, money supply, monetary fund, exchange rate

T he rapid increase in oil prices during the last decade has been perhaps the most significant shock experienced by the world economy. A great deal of attention has been focused on t...

5 Oil Wealth and Economic Behavior The Case of Venezuela, 1965-81

5 Oil Wealth and Economic Behavior The Case of Venezuela, 1965-81 »

Source: Macroeconomic Models for Adjustment in Developing Countries

Series: Books

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 June 1991

ISBN: 9781557752192

Keywords: inflation, money stock, money supply, monetary fund, exchange rate

T he purpose of this paper is to examine the short-run macroeconomic implications of natural resource availability—as well as its exhaustibility—in th...