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Intro -- Halftitle Page -- Endorsements -- Title Page -- Copyright Page -- Dedication Page -- Preface -- To The Instructor -- Acknowledgments -- Contents -- List Of Figures -- List Of Tables -- Part I. Context And Instruments Of Standard Macroeconomics: An Overview -- 1. Genesis, Context, Focus, And Accounting Relations Of Standard Macroeconomics -- 1.1 Genesis And Focus Of Macroeconomics -- 1.2 Macroeconomic Accounting Relationships: A Reminder -- 1.3 Measurement Of National Account Aggregates -- 1.4 Evolution Of Theoretical Approaches To Short-term Macroeconomics: A Bird's-eye View 1.5 Concluding Remarks -- 2. Long-term Supply-side Macro Models Of Potential Growth -- 2.1 Long-term Growth: A Recent Phenomenon, Still Poorly Understood -- 2.2 Stylized Facts About The Gdp Growth Phenomenon -- 2.3 Is Gdp Growth The Only Overarching Economic And Social Objective? -- 2.4 Underlying Causes Of Long-term Growth: A Taxonomy Of The Main Theories -- 2.5 Classical Development Theory: A Reminder Of Its Main Insights -- 2.6 Exogenous Growth: The Harrod-domar Model -- 2.7 Exogenous Growth: The Solow Model -- 2.8 The Enlarged Exogenous Solow Model Of Mankiw-romer-weil 2.9 Endogenous Growth Models -- 2.10 Comparing The Features And Predictions Of The Above Models -- 2.11 Concluding Remarks -- 3. Demand-side Models Of Short-term Income Formation -- 3.1 The Consumption Function -- 3.2 The Investment Function -- 3.3 The Money Demand Function -- 3.4 The Keynesian Model Of Aggregate Demand -- 3.5 The Is-lm Model -- 3.6 The Ad-as Model Of Aggregate Demand And Supply -- 3.7 The Mundell-fleming Model -- 3.8 Concluding Remarks -- Part Ii. Economic Structure And Long-term Growth In Developing Countries 4. Genesis Of Development Macroeconomics And National Accounts In Developing Countries -- 4.1 Genesis Of Development Macroeconomics In Low- Income Countries -- 4.2 The Informal Economy And National Accounting Issues In Developing Countries -- 4.3 Statistical Errors In The Estimation Of Economic
This textbook investigates how standard macroeconomic frameworks must be adapted to account for the unique structural characteristics and data limitations of developing nations. Giovanni Andrea Cornia, an experienced economist, utilizes a combination of classical growth theories and modern demand-side models to provide a comprehensive analytical framework. The text evaluates the applicability of traditional models—such as the Solow and IS-LM frameworks—within the context of low-income economies, emphasizing the necessity of adjusting these tools for informal sectors and statistical inaccuracies.
What You Will Find
Scope Limits
Experts identify this work as a rigorous bridge between standard macroeconomic theory and the practical realities of developing economies. Readers frequently note the academic density of the prose, making it a suitable resource for intermediate students and researchers seeking a structured approach to development macroeconomics.
Page Count:
384
Publication Date:
2020-01-01
Publisher:
Oxford University Press,
ISBN-10:
0192598678
ISBN-13:
9780192598677
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