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Macroeconomics for Emerging East Asia (Hardcover)
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Macroeconomics for Emerging East Asia (Hardcover)
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Macroeconomics for Emerging East Asia presents a distinctive
approach to the study of macroeconomic theory and policy. The
author develops a unique analytical framework that incorporates:
(1) both internal and external balance as aspects of macroeconomic
stability; (2) both the exchange rate and the interest rate as
monetary policy instruments, (3) government debt sustainability as
a concern of fiscal policy, and (4) global capital flows as a force
to be reckoned with. The framework provides students with the
foundational knowledge to analyze macroeconomic issues common to
emerging economies. Concepts are illustrated using the latest
empirical data and extensive case study analysis for thirteen
economies of Northeast and Southeast Asia (Cambodia, China, Hong
Kong, Indonesia, Korea, Laos, Myanmar, Malaysia, the Philippines,
Singapore, Taiwan, Thailand, and Vietnam). The book's lucid
exposition accommodates students of differing levels of
preparation.
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