Controlled Open Economies: A Neoclassical Approach to Structuralism

by Paul Collier, David Bevan, Jan Willem Gunning

This book develops macroeconomic theory for small open economies characterized by the sort of controls which make much of existing neoclassical economics inapplicable to developing countries. It distinguishes between sustainable combinations of policies and incompatible control regimes. The authors analyze the changes needed to maintain compatibility and the consequences of failing to do so. They also consider optimal investments in response to a...

• Format: Paperback
• Language: English
• ISBN: 0198287836
• ISBN13: 9780198287834
• Release Date: December 1994
• Publisher: Oxford University Press, USA
• Length: 384 Pages
• Weight: 1.43 lbs.
• Dimensions: 0.9" x 6.2" x 9.2"