The Macroeconomics of Developing Countries provides a comprehensive discussion of the exogenous factors and macroeconomic policies that affect the business cycl

The authors (economics, U. of Newcastle, Australia and U. of Western Sydney, Australia, respectively) argue that there is no dichotomy between short-term macroe

A comprehensive and rigorous text that shows how a basic open economy model can be extended to answer important macroeconomic questions that arise in emerging m

This updated edition develops the themes contained in the first edition, taking into account the changes that have occurred in the global economy since the turn

The global financial crisis triggered severe shocks for developing countries, whose embrace of greater commercial and financial openness has increased their exp