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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...

7 Domestic Credit and Exchange Rates in Developing Countries

7 Domestic Credit and Exchange Rates in 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

T his paper models alternative policy responses to various sorts of disturbances—or “shocks”—to the steady-state path of a developing economy. Its objective is to arrive at some gene...

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...

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...

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...

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...

6 Financial, Exchange Rate, and Wage Policies in Singapore, 1979—86

6 Financial, Exchange Rate, and Wage Policies in Singapore, 1979—86 »

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 ingapore’s recent experience with the conduct of financial and exchange rate policies suggests that the authorities’ ability to implement an independent monetary policy has been co...

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...

Front Matter

Front Matter »

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

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....