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The Open economy : tools for policymakers in developing countries

Author: Rudiger Dornbusch; F L C H Helmers; World Bank.
Publisher: New York : Published for the World Bank, Oxford University Press, ©1988.
Series: EDI series in economic development.
Edition/Format:   Book : EnglishView all editions and formats
Database:WorldCat
Summary:

Focusing on policy instruments, their use and their constraints, this book serves as a teaching manual in non-technical language for policy-makers in developing countries. It includes case studies of  Read more...

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Genre/Form: Case studies
Additional Physical Format: Online version:
Open economy.
New York : Published for the World Bank, Oxford University Press, c1988
(OCoLC)573522810
Document Type: Book
All Authors / Contributors: Rudiger Dornbusch; F L C H Helmers; World Bank.
ISBN: 0195206568 9780195206562 0195207092 9780195207095
OCLC Number: 17548681
Description: x, 414 p. : ill. ; 25 cm.
Contents: Introduction / F. Leslie C. H. Helmers --
Policy Issues and the Main Policy Tools --
Country Studies --
Not Policy Miracles --
The Real Exchange Rate / F. Leslie C. H. Helmers --
The Real Exchange Rate as the Price of Foreign Exchange --
Analysis of the Real Exchange Rate --
Expenditure Reducing and Expenditure Switching --
Floating and Fixed Exchange Rates --
Effects of Changes in the Real Exchange Rate --
Policy Issues and the Main Policy Tools --
Balance of Payments Issues / Rudiger Dornbusch --
An Overview of Linkages --
Basic Accounting Concepts --
Policy Instruments --
Determinants of Growth --
Some Mistakes To Be Avoided --
External Shocks and Domestic Policy Responses / Paul Krugman --
Anatomy of External Shocks --
Policy Response to External Shocks --
Overvaluation and Trade Balance / Rudiger Dornbusch --
Effects of Overvaluation --
Definitions of the Real Exchange Rate --
Effects of Disturbances --
Goods, Factor, and Asset Markets --
Country Experiences --
Exchange Rate Rules --
Undervaluation --
Devaluation and Inflation / Stanley Fischer --
Exchange Rate Arrangements --
Exchange Rate Indicators --
How Does Devaluation Work? --
Assets Market Problems --
Devaluation and High Inflation --
Multiple Exchange Rates, Capital Controls, and Commercial Policy / Susan M. Collins --
Overview of Policy Alternatives --
Multiple Exchange Rates and Trade Taxes --
Quantitative Restrictions --
Capital Controls --
Dual Exchange Rates --
Jamaica in the 1970s --
Capital Flight --
Black Markets for Foreign Exchange.
Series Title: EDI series in economic development.
Responsibility: edited by Rudiger Dornbusch and F. Leslie C.H. Helmers.
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'well-written ... provide very good material for undergraduate courses in international economics or international political economy ... A most useful compilation.' David Collard, Economic Journal, Read more...

 
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