First published in 1999, this book focuses on the macroeconomics issues which directly affect OPEC countries, aiming to set them in the context of the overall development effort. The most extant theoretical and empirical aspects in macroeconomics are integrated smoothly with institutional issues and policy questions. The analysis is illustrated through examples to show how the theories relate to the real world, especially to ongoing debates on developing economies as well as debates that encompass both developing and OPEC and developed countries.
Table of Contents
1. An Introduction to Macroeconomic Modelling. 2. The Macro Economy: Performance, Structure and Problems. 3. The Indirect Impact of the Oil Export Sector Revenues on the Planning Machinery and Economic Growth During the Period 1950-1980. 4. The Fiscal (Direct) Effects of the Exports Sector on the Economics Sectors in the Iraqi Economy. 5. The Macroeconomic Model of the Iraqi Economy. 6. Historical Dynamic Simulation Test 1968-1980. 7. The Impact of the Multiplier and Sensitive Analyses on the Macroeconomic Model of the Iraqi Economy. 8. The Effects of the Instability of Export Prices on the Iraqi Economy (Export Sector Simulation). 9. Summary and Conclusion.