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Development Macroeconomics PDF
By:Pierre-Richard Agénor,Peter J. Montiel
Published on 2015-06-23 by Princeton University Press

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The global financial crisis triggered severe shocks for developing countries, whose embrace of greater commercial and financial openness has increased their exposure to external shocks, both real and financial. This new edition of Development Macroeconomics has been fully revised to address the more open and less stable environment in which developing countries operate today. Describing the latest advances in this rapidly changing field, the book features expanded coverage of public debt and the management of capital inflows as well as new material on fiscal discipline, monetary policy regimes, currency, banking and sovereign debt crises, currency unions, and the choice of an exchange-rate regime. A new chapter on dynamic stochastic general equilibrium (DSGE) models with financial frictions has been added to reflect how the financial crisis has reshaped our thinking on the role of such frictions in generating and propagating real and financial shocks. The book also discusses the role of macroprudential regulation, both independently and through its interactions with monetary policy, in preserving financial and macroeconomic stability. Now in its fourth edition, Development Macroeconomics remains the definitive textbook on the macroeconomics of developing countries. The most authoritative book on the subject—now fully revised and expanded Features new material on fiscal discipline, monetary policy regimes, currency, banking and sovereign debt crises, and much more Comes with online supplements on informal financial markets, stabilization programs, the solution of DSGE models with financial frictions, and exchange rate crises

This Book was ranked at 13 by Google Books for keyword Macroeconomics.

Book ID of Development Macroeconomics's Books is d6DGBgAAQBAJ, Book which was written byPierre-Richard Agénor,Peter J. Montielhave ETAG "9CK7iyJi+Q4"

Book which was published by Princeton University Press since 2015-06-23 have ISBNs, ISBN 13 Code is 9781400866267 and ISBN 10 Code is 140086626X

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Book which have "792 Pages" is Printed at BOOK under CategoryBusiness and Economics

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