Adjustment in Oil-Importing Developing Countries

A Comparative Economic Analysis

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Hardcover | 4 April 1994

At a Glance

Hardcover
336 Pages

Dimensions(cm)
22.86 x 15.24 x 2.24

Hardcover

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The two oil price shocks of 1973-74 and 1979-80 have been by far the largest price movements to occur in the international economy in the postwar period. This book analyses the adjustments made by oil importing developing countries to those shocks with a view both to understanding an important episode in recent economic history, and to eliciting lessons that can guide successful adjustment to similar events in the future. Unlike other treatments of this subject, the findings of the study are derived by combining a broad-brush approach that covers a large number of countries with the development of techniques that permit an in-depth investigation into a few selected countries. The study develops quantitative economic methods and applies them to contemporary problems in order to yield useful insights for policy makers.

Industry Reviews

"A number of audiences will find this book useful. Students of India, Thailand, Kenya, and Turkey will find good summaries of macroeconomic activity in those countries during the 1960s and 1970s, as well as an introduction to CGE modeling for them." Journal of Economic Literature

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You Can Find This Book In

Non-Fiction Engineering & Technology Energy Technology & Engineering Fossil Fuel Technologies Petroleum Technology Economics Political Economy Industry & Industrial Studies Energy Industries & Utilities Petroleum & Oil Industries Development Economics & Emerging Economies

Introduction
Shocks and adjustment: a comparative analysis
Towards policy-based analysis
The structure of the country models
Country studies
Adjustment with growth or stagnation: India 1973-74 to 1983-84
Growth without adjustment: Thailand 1973-82
'Overshooting' adjustment in a primary producing country: Kenya 1973-1982
Adjustment in an inward-oriented economy: Turkey 1973-1981
Conclusions
Table of Contents provided by Publisher. All Rights Reserved.

Adjustment in Oil-Importing Developing Countries

A Comparative Economic Analysis

At a Glance

Hardcover

Industry Reviews

Shipping

How to return your order

Defective items

You Can Find This Book In

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