Skip to content
Register Sign in Wishlist

Fiscal and Monetary Policies and Problems in Developing Countries

$42.00 USD

Part of Modern Cambridge Economics Series

  • Date Published: May 2012
  • availability: This ISBN is for an eBook version which is distributed on our behalf by a third party.
  • format: Adobe eBook Reader
  • isbn: 9781139239660

$ 42.00 USD
Adobe eBook Reader

You will be taken to ebooks.com for this purchase
Buy eBook Add to wishlist

Other available formats:
Paperback


Looking for an inspection copy?

This title is not currently available on inspection

Description
Product filter button
Description
Contents
Resources
Courses
About the Authors
  • This book is concerned with the use of fiscal and monetary policies to overcome three major obstacles to development commonly faced by less developed countries: inadequate investment; misallocation of investment resources; and internal and external imbalances i.e. inflation and balance of payments deficits. The book is divided into six chapters the first two of which are devoted to the definition of concepts and to an explanation of the Keynesian model of income determination and of Kalecki's model of financing investment, within the framework of which the role of fiscal and monetary measures and of foreign capital is later examined. Chapters 3 and 4 discuss the role of fiscal measures and of foreign capital, respectively, in promoting domestic investment. Chapter 5 examines the use of both fiscal and monetary instruments, including industrial and agricultural development banks, to influence the pattern of investment. The last chapter is devoted to the problems of internal and external imbalances. The author examines policies pursued by a representative sample of developing countries and concludes that most of them fail adequately to exploit the potential of fiscal and monetary instruments and of foreign capital to overcome the three sets of obstacles to development largely bacause of institutonal (socio-political) constraints. The approach to inflation and balance of payments difficulties followed in the book differs significantly from that of monetarists, notably the Chicago school and the IMF, whose basic propositions are reviewed and critically examined in some detail in Chapters 2 and 6. Although the primary focus of the book is on developing economies, this part of it is also relevant to industrial countries.

    Customer reviews

    Not yet reviewed

    Be the first to review

    Review was not posted due to profanity

    ×

    , create a review

    (If you're not , sign out)

    Please enter the right captcha value
    Please enter a star rating.
    Your review must be a minimum of 12 words.

    How do you rate this item?

    ×

    Product details

    • Date Published: May 2012
    • format: Adobe eBook Reader
    • isbn: 9781139239660
    • contains: 1 b/w illus. 12 tables
    • availability: This ISBN is for an eBook version which is distributed on our behalf by a third party.
  • Table of Contents

    List of tables and chart
    Series preface
    Preface
    List of abbreviations
    Symbols and terminology used
    1. The meaning and the strategy of economic development
    2. The scope and role of fiscal and monetary policies
    3. Financing economic development (I) domestic savings
    4. Financing economic development (II) foreign capital
    5. The pattern of investment
    6. Internal and external equilibrium
    Concluding note
    Appendix
    Index.

  • Author

    Eprime Eshag, University of Oxford

Sign In

Please sign in to access your account

Cancel

Not already registered? Create an account now. ×

Sorry, this resource is locked

Please register or sign in to request access. If you are having problems accessing these resources please email lecturers@cambridge.org

Register Sign in
Please note that this file is password protected. You will be asked to input your password on the next screen.

» Proceed

You are now leaving the Cambridge University Press website. Your eBook purchase and download will be completed by our partner www.ebooks.com. Please see the permission section of the www.ebooks.com catalogue page for details of the print & copy limits on our eBooks.

Continue ×

Continue ×

Continue ×

Find content that relates to you

Join us online

This site uses cookies to improve your experience. Read more Close

Are you sure you want to delete your account?

This cannot be undone.

Cancel

Thank you for your feedback which will help us improve our service.

If you requested a response, we will make sure to get back to you shortly.

×
Please fill in the required fields in your feedback submission.
×