Economic Adjustment And Growth: Theory And Practice

THEORY AND PRACTICE

Villanueva, Delano S (Central Bank Of Philippines, Mariano, Robert S (S'pore Management Univ, Guinigundo, Diwa C (Central Bank Of Philippines - Economic Adjustment And Growth: Theory And Practice

Omschrijving

This book focuses on conceptualizing the process of economic adjustment and growth, and testing it with empirical methods. The critical components of a successful economic growth strategy include physical, financial, and educational infrastructures supported by macro-financial stabilization policies and structural reforms. With this in mind, the authors begin with a review of the neoclassical growth model, before delving into more specialized topics such as endogenous growth, adaptive inflationary expectations, learning by doing, optimal saving, and sustainable foreign debt. The final chapter presents Philippines as a case study, and narrates the evolution of a successful strategy of adjustment and growth practiced by an emerging market economy that had shown stellar pre-pandemic growth performance, low and stable inflation, and a sustainable external current account position.

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Schrijver: Villanueva, Delano S (Central Bank Of Philippines, Mariano, Robert S (S'pore Management Univ, Guinigundo, Diwa C (Central Bank Of Philippines
Titel: Economic Adjustment And Growth: Theory And Practice
Uitgever: World Scientific Publishing Co Pte Ltd

Jaar: 2023
Taal: Engels
Pagina's: 376

EAN: 9789811258770
Bindwijze: Hardback

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Economic Adjustment And Growth: Theory And Practice

THEORY AND PRACTICE

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