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Macroeconomic policies for stable growth /

"This volume is a collection of published and unpublished papers that the author has written over the last two decades during part of his tenure at the International Monetary Fund, the South East Asian Central Banks Research and Training Center, and Singapore Management University. The policy-o...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Villanueva, Delano
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Singapore ; Hackensack, NJ : World Scientific, ©2008.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • 1. Strategies for financial reforms. 1.1. Financial liberalization: a review of major issues. 1.2. Experiences with different liberalization. 1.3. Summary and conclusions
  • 2. Managing capital flows. 2.1. Introduction. 2.2. International private capital flows into South East Asia. 2.3. Macroeconomic effects. 2.4. Policy responses. 2.5. A proposed policy strategy. 2.6. Summary and conclusions
  • 3. External debt, adjustment, and growth. 3.1. Introduction. 3.2. The formal framework. 3.3. Application to the Philippines. 3.4. Implications for fiscal policy and external debt management. 3.5. Summary and conclusions
  • 4. Exports and economic development. 4.1. Introduction. 4.2. The growth model. 4.3. Optimal saving. 4.4. Summary and conclusions
  • 5. Openness, human development, and fiscal policies. 5.1. Endogenous growth. 5.2. Optimal long-run growth. 5.3. The speed of adjustment toward equilibrium. 5.4. Summary and conclusions
  • 6. Social and political factors in a model of endogenous economic growth and distribution: an application to the Philippines. 6.1. Introduction. 6.2. The theoretical framework. 6.3. The Philippine macroeconomic experience. 6.4. Summary and conclusions
  • 7. Does monetary policy matter for long-run growth? 7.1. Introduction. 7.2. The modified model. 7.3. The effects of disinflation. 7.4. Optimal monetary policy and optimal long-run growth. 7.5. The speed of adjustment to long-run equilibrium.