Modeling Developing Countries' Policies In General Equilibrium - World Scientific Studies in International Economics 41 (Hardback)
  • Modeling Developing Countries' Policies In General Equilibrium - World Scientific Studies in International Economics 41 (Hardback)
zoom

Modeling Developing Countries' Policies In General Equilibrium - World Scientific Studies in International Economics 41 (Hardback)

(author)
£154.00
Hardback 556 Pages / Published: 27/04/2015
  • We can order this from the publisher

Usually dispatched within 10-15 working days

  • This item has been added to your basket
Policies affecting resource allocation across tradable sectors and those affecting the incentives to produce tradable activities are key determinants of macroeconomic balance and growth. Computable general equilibrium models have made significant contributions to both types of policies. With advancements in computing power and software, these models have become easy to implement and are now widespread. The question then is when and how to formulate them to avoid the 'black box' syndrome.This book seeks to address these issues through carefully selected essays that analyse how to model general equilibrium linkages in a single economy, across developing and developed economies, and across both micro and macro policies. Micro policies examined include tariffs quotas and VERs, the choice of taxes to maximize government revenue, migration and remittances, and the political economy of tariff setting. Applications on macro policies cover capital inflows, real exchange rate determination, and the modeling of the effects of adjustment policies on income distribution.The book provides insights on the development of a family of models for diverse policy choices, focusing on the ways to model the following: links between tradable and non-tradable activities, labor markets, and portfolio choices given limited capital mobility. Selected essays are all inspired by specific policy problems, including the adaptation to external shocks (i.e. oil), consequences of capital inflows, determinants of migration and associated remittances, the productivity of foreign aid, and rent-seeking activities under trade regimes with non-price trade restrictions. Examples in this book lay out the theoretical foundations, alongside a variety of applications, to help formulate coherent and transparent models for policy analysis. Archetype economies are extensively used to show how differences in economic structure influence the effects of policies. Graduate students and policy analysts interested in modeling will find this a useful compendium of studies.

Publisher: World Scientific Publishing Co Pte Ltd
ISBN: 9789814494809
Number of pages: 556
Weight: 925 g
Dimensions: 231 x 158 x 25 mm

You may also be interested in...

Import / Export Kit For Dummies
Added to basket
A Brief History of Tea
Added to basket
Unbalanced
Added to basket
£16.99
Paperback
The Honourable Company
Added to basket
£12.99
Paperback
The Fair Trade Scandal
Added to basket
The Medici Conspiracy
Added to basket
The Deadly Life of Logistics
Added to basket
A Splendid Exchange
Added to basket
For All the Tea in China
Added to basket
World On Fire
Added to basket
£9.99
Paperback
International Economic Law
Added to basket
The Worlds of the East India Company
Added to basket

Please sign in to write a review

Your review has been submitted successfully.