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A comprehensive and rigorous text that shows how a basic open economy model can be extended to answer important macroeconomic questions that arise in emerging markets.
This rigorous and comprehensive textbook develops a basic small open economy model and shows how it can be extended to answer many important macroeconomic questions that arise in emerging markets and developing economies, particularly those regarding monetary, fiscal, and exchange rate issues. Eschewing the complex calibrated models on which the field of international finance increasingly relies, the book teaches the reader how to think in terms of simple models and grasp the fundamentals of open economy macroeconomics.
After analyzing the standard intertemporal small open economy model, the book introduces frictions such as imperfect capital markets, intertemporal distortions, and nontradable
A comprehensive and rigorous text that shows how a basic open economy model can be extended to answer important macroeconomic questions that arise in emerging markets.This rigorous and comprehensive textbook develops a basic small open economy model and shows how it can be extended to answer many
A cutting-edge graduate-level textbook on the macroeconomics of international trade Combining theoretical models and data in ways unimaginable just a few years ago, open economy macroeconomics has experienced enormous growth over the past several decades. This rigorous and self-contained textbook
How to use nonlinear dynamic models in policy analysis.Policymakers need quantitative as well as qualitative answers to pressing policy questions. Because of advances in computational methods, quantitative estimates are now derived from coherent nonlinear dynamic macroeconomic models embodying
In a market-oriented economy, the terms of contract are frequently weighted in favor of persons of large means. Those who have the command of scarce resources are left free to drive a bargain with those who need such resources, but are ill-equipped to compete for their possession. Cooperatives are
Energy Development.- Development of Fundamentals.- Grid Extension.- Off-Grid Systems.- Control of Off-Grid Systems.- Control of Off-Grid Systems.- Off-Grid Design Approaches.- Solar Home Systems & Solar Lanterns.- Economic and Business Considerations.- Practical Considerations.- Grid Connected
Fair Trade promises to raise living standards in developing countries through: - worldwide minimum prices for commodities- support for democratically governed cooperatives- requirement of minimum wages and safety standards for workers- training to help producers improved quality and develop
An initial overview of the climate change impacts on key sectors, mitigation and adaptation strategies in BangladeshStep-by-step case study analysis helps the reader to learn the current climate change impacts and mitigation polices in BangladeshDiscusses the role of indigenous peoples for sharing
In Information Rules, authors Shapiro and Varian reveal that many classic economic concepts can provide the insight and understanding necessary to succeed in the information age. They argue that if managers seriously want to develop effective strategies for competing in the new economy, they must
The process of globalization has had a dramatic impact on the lives of women in developing countries in the past decade. They have been increasingly drawn into insecure flexible employment working for the world market. The feminisation of the labour market has increased the burdens on women, and
An argument in favor of finding a place for humans (and humanness) in the future digital economy.In the digital economy, accountants, baristas, and cashiers can be automated out of employment; so can surgeons, airline pilots, and cab drivers. Machines will be able to do these jobs more efficiently,
Political Economy of Caste in India presents the caste mode of production as an important analytical tool to understand the socio-economic and political dynamics of India. The book looks at caste from the economic base and also links it with the superstructure that includes judiciary,
An examination of Liquidity Crunch in triggering and characterizing financial crises.Since the subprime mortgage crisis that began in 2007, advanced economies have felt a nagging sense of insecurity. In parallel, the profession has witnessed phenomena that are alien to mainstream macroeconomic
Why are some countries less corrupt and better governed than others? Challenging conventional explanations on the remarkable differences in quality of government worldwide, this book argues that the organization of bureaucracy is an often overlooked but critical factor. Countries where
This unique book adopts a problem approach to study the Internet economy, which consists in assessing its contradiction to classic economy, analyzing it, and describing how the Internet economy is developing in modern
In their efforts to internationalize in the emerging global economy, co-operatives not only face a variety of problems that are common to all firms, but encounter specific challenges due to their particular value commitments, forms of incorporation and organizational structures. These features of
Two diverse countries and cultures are linked with warmth and charm in this two-in-one picture
In a climate with dramatic shifts in temperature and light, the homes of Nordic countries respond to ever-changing and breathtaking environments with an intrinsic sense of warmth. Nordic architects today are as much informed by vernacular traditions and natural materials as their forebears, but the
A comprehensive look at a wide variety of tropical forests, photographed in 20 countries on four continents. Text in English and
Globalization is posing enormous challenges to development efforts in many African countries. One of the most daunting challenges is to raise capital to meet financial needs. Despite regional tendencies, the effectiveness of stock markets to raise capital within the African region has been limited
Humanity is in a race with catastrophe and charting the course to a regenerative economy is the most important work facing the world. A Finer Future gathers the evidence and delivers the essential blueprint for an economy that works for people and the
Glasshouse Greenhouse fuses together cultures and countries under one glass roof. In their debut book, photographers India Hobson and Magnus Edmondson take you on a worldwide journey through their favourite botanical spaces.The Haarkon Greenhouse Tour began as a self-initiated adventure in Oxford's