Devaluation Under Pressure illustrates the options open to a developing country's political leaders when faced with a … currency devaluation and is based not only on the usual secondary works but also on interviews with some of the policymakers … material and provided his perspective on the devaluation and the subsequent coup which overthrew him. Although the current …

Exchange-Rate Devaluation in a Semi-Industrialized Country analyzes the impact of the exchange rate on the domestic … especially on an analysis of the effects of the December 1958 devaluation of the peso. This book is one of the few case studies … to consider fully the impact of devaluation in semi-industrialized economies. After reviewing the existing theoretical …

what that theory reveals about business cycles, growth, and labor economics. In Exploring General Equilibrium, Black … cycles and growth without using sticky prices, irrationality, economies of scale, or imperfect competition. It can explain …

Robert Solow received the Nobel Prize in economics in 1987, and his contributions to growth theory, productivity, and … Dixit offer useful surveys of the growth literature. Hahn reflects on specific problems in standard growth models, while …

decades. Interpreted within the framework of the neoclassical theory of economic growth, this experience provides essential … guidelines for future policy formation. Volume 2: Energy, the Environment, and Economic Growth presents a new econometric general … equilibrium model of the United States that captures the dynamic mechanisms underlying growth trends and responses to energy and …

What political and economic factors stimulate growth and make an economy expand? These original contributions by some … technological variables that encourage or impede economic growth. Topics range from economic reform and price flexibility to the …, economists have seen important new developments linking growth and business cycles to government policy. These contributions …

developing countries. This book is the first to study the significant-growth in foreign direct investment by such countries and …

growth; institutional aspects of the innovation process; and the effectiveness of monetary policy in stabilizing the economy. …

invention on economic growth and comparative advantage; the role of human capital and skill formation in determining patterns of …

decades. Interpreted within the framework of the neoclassical theory of economic growth, this experience provides essential … guidelines for future policy formation. Volume 2: Energy, the Environment, and Economic Growth presents a new econometric general … equilibrium model of the United States that captures the dynamic mechanisms underlying growth trends and responses to energy and …