2nd Edition. — Routledge, 2003. — ISBN: 0415262143, 9780415262149.
Text covers standard closed and open macroeconomic models, an evaluation of the post-Washington consensus model, IMF stabilization programs and their effects on developing economies, the problems of indebtedness, and financial sector reforms in developing countries. For students in development economics.
Macroeconomic problems of developing countries
National accounts and the macroeconomy
The basic IS-LM-AS model in the closed
The process of money creation and the
Macroeconomic policy in an open economy
Current account and asset demand approaches to balance of payments
IMF-type macro models for developing countries
A structuralist macro model for developing countries
Dualistic models of output and inflation in developing countries
Growth theory and developing country macroeconomics
An evaluation of the IMF programmes in developing countries
Macroeconomic dimensions of fiscal policy in developing countries
The inflation rate and seignorage
The problem of indebtedness of HIPC countries
Exchange rate issues in developing countries
The problem of indebtedness of HIPC growth in developing countries
The international financial architecture and the developing countries
A final word
Name index
Subject index