Economic Adjustment And Growth: Theory And Practice - Couverture rigide

Villanueva, Delano S; Mariano, Robert S; Guinigundo, Diwa C

Couverture rigide

ISBN 10 : 9811258775 ISBN 13 : 9789811258770

Editeur : WSPC, 2023

Synopsis

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.

A propos du livre

À propos de l'auteur

Delano S Villanueva is Former Advisor, International Monetary Fund (IMF), where he worked in the functional, area (geographic), and capacity development departments. In 1982–86, he was the IMF Resident Representative in Seoul, Republic of Korea. In 1997–98, the IMF assigned him as Research Director, Southeast Asian Central Banks Research and Training Centre, Malaysia. After his IMF career, he served as Consultant to the IMF Institute for Capacity Development, World Bank, Asian Development Bank, and the Monetary Authority of Singapore. He was also Visiting Professor of Economics at Singapore Management University, and Distinguished Visiting Professor at De La Salle University. His research is public policy-oriented, focusing on Asian macroeconomic and financial sector policies, and economic growth and development. He has published extensively in international journals such as The Quarterly Journal of Economics, Journal of Money, Credit and Banking, IMF Economic Review (previously IMF Staff Papers) and Economic Development and Cultural Change, and wrote the books Macroeconomic Policies for Stable Growth (2008) and Macroeconomics of Adjustment and Growth (2017).

Roberto S Mariano is Professor Emeritus of Economics at the University of Pennsylvania, USA, where he has been on the faculty since 1971. He is also Professor Emeritus at Singapore Management University, Singapore, where he served as Founding Dean of the School of Economics, Vice Provost for Research, and Founding Director of the Sim Kee Boon Institute for Financial Economics. He is an Elected Fellow of the Econometric Society. In 2022, the Holy Father Pope Francis appointed him as member of the Board of the Vatican Financial Authority for Supervision and Information (Autorita di Supervisioine e Informazione Financiara, ASIF). His research activity ― centered on econometric theory, methods, and applications ― spans various areas including analytical finite-sample econometrics as well as mixed-frequency forecasting and nowcasting. He co-edited the books Simulation-based Inference in Econometrics (2000) and Econometric Forecasting and High-Frequency Data Analysis (2008), and published many important journal articles.

Diwa C Guinigundo is Former Deputy Governor of the Central Bank of Philippines (BSP), handling economic research and statistics, monetary policy, international operations, and currency management. He led the efforts in pioneering inflation targeting and interest rate corridor system for monetary management at the BSP. He championed the establishment of Credit Surety Fund to empower small business and Economic and Financial Learning Center to promote financial inclusion. He also participated in various banking rehabilitation workouts. Previously, he was Alternate Executive Director at the International Monetary Fund in 2001–2003, and Head of Research at the Southeast Asian Central Banks Research and Training Centre in 1992–1994. Currently, he is a member of the advisory boards of Sim Kee Boon Institute for Financial Economics of the Singapore Management University and the International Care Ministries Philippines, as well as an independent director of AIA Philippines Investment Management Corporation.

Détails de l'édition

• Éditeur: WSPC
• Date d'édition: 2023
• Langue: anglais
• ISBN 10: 9811258775
• ISBN 13: 9789811258770
• Reliure: Relié
• Nombre de pages: 376
• Coordonnées du fabricant: non disponible
• Personne responsable: gpsr@libri.de; gpsr@libri.de; ; Europaallee 1; Bad Hersfeld; 36244; Allemagne