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OverviewProviding a broad overview of the impact of COVID-19 on economic development, this timely book closely examines the macroeconomic aspects of economic development and the design of monetary policies including under extreme crises. Raghbendra Jha expertly introduces the subject, highlighting the links between economic growth and macroeconomic stability and illustrates a snapshot of economic development. Thoughtful discussions on measurements and limitations of the Human Development Index as well as the role of institutions and the design for monetary policy are also thoroughly reviewed. Furthermore, the book considers the open economy aspects of economic development and the challenges experienced following the global COVID-19 pandemic and beyond. The insightful overview of this evolving subject will be crucial reading for scholars interested in economic development, undergraduate and graduate students of economics, as well as economics scholars more broadly. Policymakers, both nationally and internationally, will find the discussions surrounding the design of monetary policies informative and illuminating. Full Product DetailsAuthor: Raghbendra JhaPublisher: Edward Elgar Publishing Ltd Imprint: Edward Elgar Publishing Ltd ISBN: 9781788977852ISBN 10: 1788977858 Pages: 170 Publication Date: 13 January 2023 Audience: College/higher education , Tertiary & Higher Education Format: Hardback Publisher's Status: Active Availability: In Print  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. Table of ContentsContents: Preface 1. Introduction: less developed countries and macroeconomics 2. Development indicators at the global level 3. Finance, institutions and economic development 4. The design of monetary policy for development 5. Fiscal policy 6. Facets of macroeconomic policymaking in open economies 7. Microeconomic foundations for stochastic general equilibrium macro models 8. Economic consequences of the COVID-19 pandemic for the developing world 9. Macroeconomic policies in the current global context IndexReviews'Clear, concise, and comprehensive in coverage! Macroeconomics for Development explains in accessible language the use of the tools of macroeconomics in stabilising output at full employment. The emphasis is on developing countries but the issues raised are relevant to all nations.' -- Satish Chand, University of New South Wales, Australia 'Professor Raghbendra Jha is an eminent macro-economist. In my opinion, this is perhaps the only book which blends a complete mastery over macro-economic theory with a profound understanding of policies in the context of developing economies. The author's own outstanding contributions to a wide range of topics are combined with a deep understanding of how macro-economic theory must be adapted to enhance human well-being. The book sets high standards of analytical rigour with admirably lucid exposition of complex topics and concepts. Graduate students, researchers and policy makers will benefit immensely from a careful reading of this outstanding book.' -- Raghav Gaiha, University of Pennsylvania, US Author InformationThe late Raghbendra Jha, formerly Emeritus Professor of Economics, Arndt-Corden Department of Economics, Australian National University, Australia Tab Content 6Author Website:Countries AvailableAll regions |
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