000 01556nam a2200229 i 4500
001 9789811258770
005 20250414083509.0
008 240416t2023 xxu e 001 0 eng
020 _a9789811258770
037 _bWorld Scientific Publishing
_cUSD 128.00
037 _fBB
041 _aeng
072 7 _aBUS039000
_2bisacsh
100 1 _4A01
_aVillanueva, Delano S
245 1 0 _aEconomic Adjustment And Growth: Theory And Practice
260 2 _bWorld Scientific
_c2023
520 _bThis 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.
521 _aProfessional and scholarly
540 _aFor sale with non-exclusive rights
_bWORLD
700 1 _4A01
_aGuinigundo, Diwa C
700 1 _4A01
_aMariano, Robert S
999 _c10032
_d10032