Economic Adjustment and Growth: Theory and Practice
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Book Overview This book focuses on conceptualizing the process of economic adjustment and growth, and testing it with empirical methods. The critical c...
This book focuses on conceptualizing the process of economic adjustment and growth, and testing it with empirical methods. The critical components of a successful economic growth strategy include physical, financial, and educational infrastructures supported by macro-financial stabilization policies and structural reforms. With this in mind, the authors begin with a review of the neoclassical growth model, before delving into more specialized topics such as endogenous growth, adaptive inflationary expectations, learning by doing, optimal saving, and sustainable foreign debt. The final chapter presents Philippines as a case study, and narrates the evolution of a successful strategy of adjustment and growth practiced by an emerging market economy that had shown stellar pre-pandemic growth performance, low and stable inflation, and a sustainable external current account position.
Book Details Format: Hardcover | Pages: 376 | Language: English | Publisher: WORLD SCIENTIFIC PUB CO INC | ISBN: 9811258775
FormatHardcover
Pages376
LanguageEnglish
ISBN9811258775
EAN9789811258770
PublisherWORLD SCIENTIFIC PUB CO INC
Publication Date1970-01-01
AccessoriesNo Accessory
ConditionNew
Product TypeHARD COVER BOOKS
Weight1.48 Pounds
Length9.0 Inches
Width6.0 Inches
Height0.88 Inches
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