Northâ"South Linkages and International Macroeconomic Policy

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Hardcover | 20 November 1995

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430 Pages

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22.9 x 15.2 x 2.9

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In recent years researchers have begun to apply economic techniques initially developed to analyse the industrialised countries to analyse North-South interactions in the world economy. This volume, derived from a CEPR conference, brings together theoretical and empirical papers on fiscal, monetary and trade linkages between the North and South. The papers use the advances in the use of the current major macroeconomic models to simulate global and inter-regional interactions, and to analyse the implications for the South of macroeconomic developments in the North. They also examine international policy questions in a genuinely global context, and consider the design of policy packages for the Third World (aid versus trade, growth-oriented adjustment) in an empirical context. This volume provides a useful overview of the flourishing research area relating to interactions between North and South, and highlights areas where future research is needed.

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Non-Fiction Economics International Economics Macroeconomics

Preface
North-South linkages and international macroeconomic policy: an overview
Trade Linkages: The Elastic Debate
NIE export performance revisited: the estimation of export demand elasticities, and the role of product differentiation and growth
Export growth and the terms of trade: the case of the curious elasticities
Trade Linkages: Commodities
Economic activity and commodity prices: theory and evidence Annalasia Cristini
Discussion
Convergence and Growth Linkages
Convergence and growth linkages between North and South
Discussion
Open Economy Macro and Adjustment in the South
Analysing external adjustment in developing counties: a macroeconomic framework
Dynamic response to external shocks in Classical and Keynesian economies
Discussion
Global Scenarios
Macroeconomic effects on developing countries of shocks in the OECD: evidence from multicountry models
Macroeconomic linkages between the OECD and the Asia-Pacific region Warwick
MULTIMOD simulations of the effects on developing countries of decreasing military spending
Effects of a rise in G-7 real interest rates on developing countries
Quantifying North-South interdependencies with MCM simulation
Discussion
The consequences of US fiscal actions in a global model with alternative assumptions about the exchange regime in developing countries
Table of Contents provided by Publisher. All Rights Reserved.

Northâ"South Linkages and International Macroeconomic Policy

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Hardcover

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