Development Macroeconomics: Fourth Edition

Synopsis

This Updated And Extended Edition Of Agenor And Montiel's Excellent Book Includes In-depth Analyses Of Pertinent Issues Put To The Fore By The Global Financial Crisis, And Of The Policy Dilemmas Arising From The Growing Exposure To External Real And Financial Shocks Associated With Globalization. Development Macroeconomics Remains The Essential Reference For Scholars, Graduate Students, And Practitioners Interested In The Macroeconomic Challenges That Developing Countries Continue To Face.--joshua Aizenman, University Of Southern California Simply The Best Macroeconomic Textbook For Developing Economies On The Market Today.--olivier Blanchard, International Monetary Fund This Continues To Be The Best Treatise On Macroeconomics Theory And Policy In Emerging Countries. It Is Profound And Comprehensive. It Looks At Historical Experiences With Great Care And Extracts Useful Lessons For The Future. This Is A Must-read For Anyone Interested In The Economics Of The Future.--sebastian Edwards, University Of California, Los Angeles Praise For The Previous Edition: This New Edition Of Agenor And Montiel's Excellent Book Expands And Brings Up To Date The Analysis And Recent Trends Of The Management Of Capital Inflows, Public And Private Debts, Fiscal Discipline, Monetary Policy Regimes, Financial Crises And Stabilization, Currency Unions, And The Choice Of An Exchange-rate Regime. This Will Remain The Essential Reference For Scholars, Graduate Students, And Practitioners Interested In Development Macroeconomics.--joshua Aizenman, University Of California, Santa Cruz Praise For The Previous Edition: This Is By Far The Best Book On The Macroeconomics Of Emerging Countries. It Covers The Right Topics, And The Blend Of Theory And Policy Is Masterful. A Must-read For Graduate Students, Analysts, And Policymakers.--sebastian Edwards, University Of California, Los Angeles Praise For The Previous Edition: Agenor And Montiel Have Extensively Rewritten Their Excellent Book On Macroeconomic Theory, Empirics, And Policy Experiences Relevant To Developing And Emerging Economies. This Resulting Volume Is A Brilliant And Truly Unique Blend Of Frontier Analytics, Applied Models, Stylized Facts, And Policy Experiences Of Developing Countries. As A Unified Treatise In The Field Of Development Macroeconomics, Agenor And Montiel's New Book Is A Primer For Economic Analysts, Academic Economists, Policymakers, And Students.--klaus Schmidt-hebbel, Central Bank Of Chile