Economic Adjustment And Growth: Theory And Practice

Author:   Delano S Villanueva (Central Bank Of Philippines, Philippines) ,  Robert S Mariano (S'pore Management Univ, S'pore & Univ Of Pennsylvania, Usa) ,  Diwa C Guinigundo (Central Bank Of Philippines, Philippines)
Publisher:   World Scientific Publishing Co Pte Ltd
ISBN:  

9789811258770


Pages:   376
Publication Date:   31 January 2023
Format:   Hardback
Availability:   In Print   Availability explained
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Economic Adjustment And Growth: Theory And Practice


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Overview

This book focuses on conceptualizing the process of economic adjustment and growth, and testing it with empirical methods. The critical components of a successful economic growth strategy include physical, financial, and educational infrastructures supported by macro-financial stabilization policies and structural reforms. With this in mind, the authors begin with a review of the neoclassical growth model, before delving into more specialized topics such as endogenous growth, adaptive inflationary expectations, learning by doing, optimal saving, and sustainable foreign debt. The final chapter presents Philippines as a case study, and narrates the evolution of a successful strategy of adjustment and growth practiced by an emerging market economy that had shown stellar pre-pandemic growth performance, low and stable inflation, and a sustainable external current account position.

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Author:   Delano S Villanueva (Central Bank Of Philippines, Philippines) ,  Robert S Mariano (S'pore Management Univ, S'pore & Univ Of Pennsylvania, Usa) ,  Diwa C Guinigundo (Central Bank Of Philippines, Philippines)
Publisher:   World Scientific Publishing Co Pte Ltd
Imprint:   World Scientific Publishing Co Pte Ltd
ISBN:  

9789811258770


ISBN 10:   9811258775
Pages:   376
Publication Date:   31 January 2023
Audience:   College/higher education ,  Professional and scholarly ,  Tertiary & Higher Education ,  Professional & Vocational
Format:   Hardback
Publisher's Status:   Active
Availability:   In Print   Availability explained
This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us.

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