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9780198287834

Controlled Open Economies A Neoclassical Approach to Structuralism

by ; ; ; ;
  • ISBN13:

    9780198287834

  • ISBN10:

    0198287836

  • Format: Paperback
  • Copyright: 1994-12-29
  • Publisher: Oxford University Press
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Summary

This book develops macroeconomic theory for small open economies characterized by the sort of controls which make much of existing neoclassical economics inapplicable to developing countries. The applicability of this theory is demonstrated in an analysis of two temporary trade shocks inAfrica.

Table of Contents

Acknowledgementsp. v
Introductionp. 1
The Theory of Controlled Open Economiesp. 5
Compatible Control Regimesp. 7
Appendix Compatible: Trade and Fiscal Policies: the Modelp. 44
Incompatible Control Regimesp. 88
The Theory of a Temporary Windfall in a Controlled Economyp. 97
Two African Applicationsp. 141
An Application to the Kenyan Coffee Boom of 1975-1983p. 143
the Computable General Equilibrium Modelp. 258
An Application to the Tanzanian Economic Decline of 1975-1984p. 311
Macroeconomic Experience Comparedp. 337
Conclusion: And a Manifestop. 349
Referencesp. 354
Indexp. 359
Table of Contents provided by Publisher. All Rights Reserved.

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