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Adjustment in Oil-Importing Developing Countries

Name: Adjustment in Oil-Importing Developing Countries
Brand: Cambridge University Press
SKU: 02031045
Price: 82.59 EUR
Availability: InStock
Author: Pradeep K. Mitra
ISBN: 9780521443166

A Comparative Economic Analysis

Pradeep K. Mitra

Lingua

Inglese

Libro Rigido

Codice Libristo: 02031045

Casa editrice Cambridge University Press, febbraio 1994

The two oil price shocks of 1973-74 and 1979-80 have been by far the largest price movements to occu... Descrizione completa

Codice Libristo: 02031045

202 b

82.59 €

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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.