Title Statements
- Full title :Fiscal and monetary policies and problems in developing countries / Éprime Eshag.
Summary
Consideration on the use of fiscal and monetary policies in less developed countries to overcome the three sets of obstacles to development largely because of socio-political constraints. The three major obstacles to development are: inadequate investment; misallocation of investment resources; and internal and external imbalance i.e. inflation and balance of payments deficits.
Read More ↓Edition Statements
- Publication Date:1983.
Publication Statements
- Publisher(s):Cambridge University Press
- Place of Publication:Cambridge [Cambridgeshire]
- Language:eng
- Publication Date:1983.
The Physical Object
- Description:xxii, 287 pages : : illustrations ; : 23 cm
Edition Identifiers
- ISBN:0521249007, 9780521249003, 0521270499, 9780521270496
- oclc:ocm08845577
- LC Classification:HG195
- Dewey Decimal:336.3/09172/4
Table of Contents
The Meaning and the Strategy of Economic Development -- The meaning and measurement of economic development -- The process of growth -- Economic welfare index -- Essential and inessential investment and consumer goods -- Lop-sided development -- Strategy of development -- Raison d'etre for government intervention -- Lower efficacy of the market mechanism -- Unequal distribution of income -- Divergence between private and social costs and benefits -- Long-term dynamic considerations -- Shadow pricing -- The key role of socio-political factors in development -- Quality of the administration -- The Scope and Role of Fiscal and Monetary Policies -- Background to the modern approach -- The management of demand and production -- Keynesian model of income determination -- Fiscal and monetary measures -- The effect of changes in the supply of money on private demand and on prices -- Monetary policy and private consumption -- Monetary policy and private investment -- Monetary policy and the price level -- The counter-revolution against Keynes -- Financing of economic development -- Kalecki's model -- Formal model -- Foreign trade and capital -- The role of fiscal and monetary policies in d…
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