1st Edition

Modelling Macroeconomic Adjustment with Growth in Developing Economies The Case of India

By Sushanta K. Mallick Copyright 1999
212 Pages
by Routledge

212 Pages
by Routledge

212 Pages
by Routledge

First published in 1999, this influential volume explores Macroeconomic Adjustment with a particular focus on India. Its inspiration originated from the introduction of stabilisation and structural adjustment policies in India in 1991. Mallick examines the application of this policy package by the International Monetary Fund and the World Bank to Developing Economies. First looking at the initial... Read more

1. Introduction. 2. Macroeconomic Adjustment in India: Nature of the Policy Setting. 3. Annals of Indian Macroeconomic Modelling Efforts. 4. Policy Models for Growth-Oriented Macroeconomic Adjustment: An Analytical Critique. 5. Dynamics of Macroeconomic Adjustment with Growth: Some Simulation Results. 6. A Dynamic Macroeconometric Model for Short-Run Stabilisation. 7. Determinants of Long-Term Growth: A Keynesian Approach. 8. Designing Adjustment Policies with Growth in the Optimal Control Framework. 9. Conclusion.

Biography

Mallick, Sushanta K.