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North-South Linkages and International Macroeconomic Policy (Hardcover, New)
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North-South Linkages and International Macroeconomic Policy (Hardcover, New)
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In recent years researchers have begun to apply economic techniques
- developed to analyze the industrialized countries - to analyze
North-South interactions in the world economy. This volume, derived
from a CEPR conference, brings together theoretical and empirical
papers on fiscal, monetary and trade linkages between the North and
South. The papers use the advances in the use of the current major
macroeconomic models to simulate global and inter-regional
interactions, and to analyze the implications for the South of
macroeconomic developments in the North. They also examine
international policy questions in a genuinely global context, and
consider the design of policy packages for the Third World (aid
versus trade, growth-oriented adjustment) in an empirical context.
This volume provides a useful overview of the flourishing research
area relating to interactions between North and South, and
highlights areas where future research is needed.
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