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Preface
Supply Disturbances and The World Economy: Perplexity, Uncertainty, and Skepticism
New Era of Energy Awareness
Macroeconomics of Energy Shocks
Energy Shocks and Nature of the Adjustments
Implications
Challenges to Economic Stabilization Policy: Dilemma and Limitations
Demand Management and Economic Nationalism
Divergent Patterns and Policy Stances
Responding to Exogenous Shocks: A Study in Contrasts
Differing Policy Responses: OECD Experience
Implications
External Shocks, and LDC Economies
Inflationary Effects of External Shocks
Balance-of-Payments Effects of External Shocks
Adjusting to External Shocks: LDC Experience
Differing Guiding Philosophies
Patterns of Adjustment
Policy Implications
World Payments Imbalances and Recycling Problems
Different Payments Problems
Recycling and Adjustment Problems
Lessons from the Petrodollar Recycling
International Debt Crisis and Financial Instability
The LDC Debt Morass
Debt Crisis and Debt Management Strategy
Reform Proposals: Differing Perspectives
Managing the LDC Debt Crisis: Two Distinct Schools of Thought
Lessons from the World Debt Crisis
Exogenous Disturbances and International Adjustment: Problems and Issues
Fundamental Conflicts: An Embarrassing Paradox
Limitations on LDC Exchange Rate Policy Responses to Exogenous Shocks
Exchange-Rate Management and Control
Exchange-Rate Determining: Theoretical Framework
Empirical Evidence
Bibliography
Author Index
Subject Index
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Add Energy Shocks and the World Economy: Adjustment Policies and Problems, The second of two works resulting from the author's extensive study of energy and the world economy, this book examines the international macroeconomic aspects of energy adjustment. Specifically, the author analyzes the ways in which economies adjust to e, Energy Shocks and the World Economy: Adjustment Policies and Problems to the inventory that you are selling on WonderClubX
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Add Energy Shocks and the World Economy: Adjustment Policies and Problems, The second of two works resulting from the author's extensive study of energy and the world economy, this book examines the international macroeconomic aspects of energy adjustment. Specifically, the author analyzes the ways in which economies adjust to e, Energy Shocks and the World Economy: Adjustment Policies and Problems to your collection on WonderClub |