External Finance and Adjustment
External Finance and Adjustment

Author: Karel Jansen

Publisher: Springer

Published: 1997-12-13

Total Pages: 501

ISBN-13: 1349259055

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This book studies the impact of different sources of external finance on growth and development in different country contexts. An important finding of the study is that 'success' or 'failure' in the productive use of external and domestic financial resources cannot be explained on the basis of single factors such as external shocks or 'bad' versus 'sound' policies. Rather, they are outcomes of complex interactions between changes in exogenous factors (such as fluctuations in external finance and trade shocks), existing economic structures and the responses to shocks by domestic public and private sector agents. This finding also implies that there are no recipes in economic policy-making which are generally applicable; the 'best' policy has to be designed specifically for each country.

International Finance and The Developing Economies
International Finance and The Developing Economies

Author: G. Bird

Publisher: Springer

Published: 2003-12-19

Total Pages: 327

ISBN-13: 0230599842

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There are many challenges facing the economies of developing countries. Capital volatility, financial crises, aid, debt and the IMF are all issues that have received a great deal of attention over recent years. In International Finance and The Developing Economies , Graham Bird provides an essentially non-technical discussion of these issues, examining the underlying political economy and discussing the policy alternatives that are available.

Adjustment Programs and Bank Support
Adjustment Programs and Bank Support

Author: Vittorio Corbo

Publisher: World Bank Publications

Published: 1991

Total Pages: 42

ISBN-13: 9609301320

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Adjustment should begin with policy and institutional reforms to deal with the ultimate causes of any macroeconomic crisis a country is experiencing. Only when progress has been made in reducing inflation and fiscal and balance of payment deficits should other structural reforms begin - of the public sector, trade and competition, the financial sector, and the labor market.

Asia-Pacific Economies
Asia-Pacific Economies

Author: Iyanatul Islam

Publisher: Psychology Press

Published: 1997

Total Pages: 516

ISBN-13: 9780415107655

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First Published in 1997. Routledge is an imprint of Taylor & Francis, an informa company.

Handbook of Macroeconomics
Handbook of Macroeconomics

Author: John B. Taylor

Publisher: Elsevier

Published: 2016-11-12

Total Pages: 3009

ISBN-13: 0444594884

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Handbook of Macroeconomics Volumes 2A and 2B surveys major advances in macroeconomic scholarship since the publication of Volume 1 (1999), carefully distinguishing between empirical, theoretical, methodological, and policy issues, including fiscal, monetary, and regulatory policies to deal with crises, unemployment, and economic growth. As this volume shows, macroeconomics has undergone a profound change since the publication of the last volume, due in no small part to the questions thrust into the spotlight by the worldwide financial crisis of 2008. With contributions from the world's leading macroeconomists, its reevaluation of macroeconomic scholarship and assessment of its future constitute an investment worth making. - Serves a double role as a textbook for macroeconomics courses and as a gateway for students to the latest research - Acts as a one-of-a-kind resource as no major collections of macroeconomic essays have been published in the last decade - Builds upon Volume 1 by using its section headings to illustrate just how far macroeconomic thought has evolved

The IMF and the Future
The IMF and the Future

Author: Graham Bird

Publisher: Routledge

Published: 2014-05-01

Total Pages: 318

ISBN-13: 1134700776

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The International Monetary Fund has been criticised from both the right and the left of the political spectrum with the right arguing that it is too interventionist and creates more problems than it solves and the left on occasion demanding that it be abolished altogether. What seems almost beyond question is that the IMF needs to be reformed. Defining a future role for the IMF will always be a controversial issue, but vital to any considerations will be a measured assessment of how it has operated in the past. This excellent new book from an internationally respected expert on the IMF intends to do just that. Starting with an historical background tracing the evolution of the IMF, the book goes on to cover such themes as: *The circumstances under which countries turn to the IMF *The various aspects of IMF conditionality *Institutional issues such as lending facilities and how the fund is resourced. Bringing together an array of articles, this excellent new book will undoubtedly be required reading for anyone with a serious interest in development studies as well as being an eye-opening read for policy makers involved with the IMF.

Formulation of Exchange Rate Policies in Adjustment Programs
Formulation of Exchange Rate Policies in Adjustment Programs

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 1985-08-15

Total Pages: 396

ISBN-13: 9780939934508

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The role of exchange rate policy in economic adjustment has been widely studied and is the subject of numerous theoretical and empirical papers produced in the Fund and elsewhere.

Guatemala
Guatemala

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2002-04-12

Total Pages: 88

ISBN-13: 1451816618

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This paper examines Guatemala’s Request for a Stand-By Arrangement (SBA). The authorities are requesting a 12-month SBA in an amount equivalent to SDR 84 million (40 percent of quota) to support an economic program aimed at reducing the fiscal deficit and restructuring the financial system, while sustaining higher outlays on social and basic infrastructure as called for by the Peace Accords. The program assumes an acceleration of real GDP growth to 2.25 percent and a reduction in inflation to a 4–6 percent range.