Structuralist macroeconomics : applicable models for the third world / Lance Taylor

By: Material type: TextTextPublication details: New York : Basic Books, c1983Description: vii, 234 pages : illustrations ; 25 cmISBN:
  • 465082394
Subject(s): LOC classification:
  • HC 59.7 .T39 1983
Contents:
1. The Structuralist Perspective -- 2. Adjustment mechanism- The Real Side -- 3. Adjustment Mechanism- Two-Sector Models -- 4. Short-Run Adjustment in Practice -- 5. Money and Other Assets in the Short Run -- 6. Money, Inflation, and Growth -- 7. Trade balance Complications -- 8. Foreign Assets and the Balance of Payment -- 9. Two-Sector Models of Inflation, Distribution, and Growth -- 10. Trade patterns and Southern Growth -- 11. Policy lessons.
Summary: The options for policy and economic change in developing countries are severely limited by specific and durable structural features of their economies. Offering a comprehensive and coherent macroeconomic theory for developing countries, Taylor develops simple, useful and tested models for different groups of developing countries -- mineral exporters, countries with an important food sector and economies with endemic inflation. While focusing on problems of economic stabilization and policies such as devaluations and interest manipulations, he also considers income distribution and seeks to alter the structural composition of sectoral outputs.
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Holdings
Item type Current library Home library Collection Call number Copy number Status Date due Barcode
Books Books National University - Manila LRC - Annex Relegation Room Gen. Ed. - CBA GC HC 59.7 .T39 1983 (Browse shelf(Opens below)) c.1 Available NULIB000001067

Includes bibliographical references and index.

1. The Structuralist Perspective -- 2. Adjustment mechanism- The Real Side -- 3. Adjustment Mechanism- Two-Sector Models -- 4. Short-Run Adjustment in Practice -- 5. Money and Other Assets in the Short Run -- 6. Money, Inflation, and Growth -- 7. Trade balance Complications -- 8. Foreign Assets and the Balance of Payment -- 9. Two-Sector Models of Inflation, Distribution, and Growth -- 10. Trade patterns and Southern Growth -- 11. Policy lessons.

The options for policy and economic change in developing countries are severely limited by specific and durable structural features of their economies. Offering a comprehensive and coherent macroeconomic theory for developing countries, Taylor develops simple, useful and tested models for different groups of developing countries -- mineral exporters, countries with an important food sector and economies with endemic inflation. While focusing on problems of economic stabilization and policies such as devaluations and interest manipulations, he also considers income distribution and seeks to alter the structural composition of sectoral outputs.

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