Macroeconomic policies matter for sustainable long-term growth. With global fluctuations, deviation from a stable growth path can be minimized by countercyclica

This book is a rigorous, yet nonmathematical analysis of key macroeconomic issues faced by emerging economies. The first part develops an analytical framework t

This book deals with the challenges of macro financial linkages in the emerging markets.

Table of contents

The macroeconomic experience of emerging and developing economies has tended to be quite different from that of industrial countries. Compared to industrial cou