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Development Macroeconomics - Fourth Edition (Hardcover, 4th Revised edition) Loot Price: R2,133
Discovery Miles 21 330
You Save: R229 (10%)
Development Macroeconomics - Fourth Edition (Hardcover, 4th Revised edition): Pierre-Richard Agenor, Peter J. Montiel

Development Macroeconomics - Fourth Edition (Hardcover, 4th Revised edition)

Pierre-Richard Agenor, Peter J. Montiel

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List price R2,362 Loot Price R2,133 Discovery Miles 21 330 | Repayment Terms: R200 pm x 12* You Save R229 (10%)

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The global financial crisis triggered severe shocks for developing countries, whose embrace of greater commercial and financial openness has increased their exposure to external shocks, both real and financial. This new edition of Development Macroeconomics has been fully revised to address the more open and less stable environment in which developing countries operate today. Describing the latest advances in this rapidly changing field, the book features expanded coverage of public debt and the management of capital inflows as well as new material on fiscal discipline, monetary policy regimes, currency, banking and sovereign debt crises, currency unions, and the choice of an exchange-rate regime. A new chapter on dynamic stochastic general equilibrium (DSGE) models with financial frictions has been added to reflect how the financial crisis has reshaped our thinking on the role of such frictions in generating and propagating real and financial shocks. The book also discusses the role of macroprudential regulation, both independently and through its interactions with monetary policy, in preserving financial and macroeconomic stability. Now in its fourth edition, Development Macroeconomics remains the definitive textbook on the macroeconomics of developing countries. * The most authoritative book on the subject--now fully revised and expanded* Features new material on fiscal discipline, monetary policy regimes, currency, banking and sovereign debt crises, and much more* Comes with online supplements on informal financial markets, stabilization programs, the solution of DSGE models with financial frictions, and exchange rate crises

General

Imprint: Princeton University Press
Country of origin: United States
Release date: June 2015
First published: 2015
Authors: Pierre-Richard Agenor • Peter J. Montiel
Dimensions: 254 x 178 x 46mm (L x W x T)
Format: Hardcover - Trade binding
Pages: 792
Edition: 4th Revised edition
ISBN-13: 978-0-691-16539-4
Categories: Books > Business & Economics > Economics > Development economics
Books > Business & Economics > Economics > Financial crises & disasters
Books > Business & Economics > Economics > Macroeconomics > General
Books > Business & Economics > Finance & accounting > Finance > Public finance > General
Books > Money & Finance > Public finance > General
LSN: 0-691-16539-4
Barcode: 9780691165394

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