Modelling Macroeconomic Adjustment with Growth in Developing Economies - The Case of India (Hardcover)

First published in 1999, this influential volume explores Macroeconomic Adjustment with a particular focus on India. Its inspiration originated from the introduction of stabilisation and structural adjustment policies in India in 1991. Mallick examines the application of this policy package by the International Monetary Fund and the World Bank to Developing Economies. First looking at the initial conditions and generators of imbalances, the appropriate policy framework for India's initial conditions and structural characteristics is considered. While the effectiveness of the IMF had been strongly criticised, Mallick explains how it could be used more effectively. He argues that the programs applied are often contradictory and, using India as an example, examines the effects of policy reform on its trade sector, the repercussions on the direct economy and the costs associated with such policies in restoring stability and future economic growth, with particular support for the Vector Autoregression (VAR) framework. Mallick forwards a new structural model for policy purposes, evaluated for overall performance and optimal control.

General

Imprint:	Routledge
Country of origin:	United Kingdom
Series:	Routledge Revivals
Release date:	July 2018
First published:	1999
Authors:	Sushanta K. Mallick
Dimensions:	229 x 152mm (L x W)
Format:	Hardcover
Pages:	212
ISBN-13:	978-1-138-32483-1
Categories:	Books > Earth & environment > Geography > Regional geography Books > Reference & Interdisciplinary > Interdisciplinary studies > Area / regional studies > General Books > Business & Economics > Economics > Macroeconomics > General
LSN:	1-138-32483-3
Barcode:	9781138324831

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