Macroeconomic Stability in Developing Countries is popular PDF and ePub book, written by Peter Montiel in 2004, it is a fantastic choice for those who relish reading online the Developing countries genre. Let's immerse ourselves in this engaging Developing countries book by exploring the summary and details provided below. Remember, Macroeconomic Stability in Developing Countries can be Read Online from any device for your convenience.
Macroeconomic Stability in Developing Countries Book PDF Summary
"In the 1990s macroeconomic policies improved in a majority of developing countries, but the growth dividend from such improvement fell short of expectations, and a policy agenda focused on stability turned out to be associated with a multiplicity of financial crises. Montiel and Serven take a retrospective look at the content and implementation of the macroeconomic reform agenda of the 1990s. They review the progress achieved with fiscal, monetary, and exchange rate policies across the developing world, and the effectiveness of the changing policy framework in promoting stability and growth. The main lesson is that slow growth and frequent crises resulted, more often than not, from shortcomings in the reform agenda of the 1990s. These shortcomings essentially concern the depth and breadth of the macroeconomic reform agenda, its attention to macroeconomic vulnerabilities, and the complementary reforms outside the macroeconomic sphere"--Abstract.
Detail Book of Macroeconomic Stability in Developing Countries PDF
- Author : Peter Montiel
- Release : 22 September 2024
- Publisher : World Bank Publications
- ISBN : 978186723xxxx
- Genre : Developing countries
- Total Page : 49 pages
- Language : English
- PDF File Size : 17,9 Mb
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