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Adjustment in Oil-Importing Developing Countries : A Comparative Economic Analysis - Pradeep K. Mitra

Adjustment in Oil-Importing Developing Countries

A Comparative Economic Analysis

By: Pradeep K. Mitra (Editor)

Hardcover Published: 25th March 1994
ISBN: 9780521443166
Number Of Pages: 336

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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.

"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

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
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521443166
ISBN-10: 0521443164
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 336
Published: 25th March 1994
Publisher: Cambridge University Press
Country of Publication: GB
Dimensions (cm): 22.8 x 15.2  x 2.2
Weight (kg): 0.66