Macroeconomic Stabilisation and Adjustment: Theory and Practice in Emerging Economies by M.J. Manohar Rao and Raj Nallari

Description

Rao and Nallari’s book offers an excellent overview of issues related to adjustment and growth by providing an integrated macroeconomics framework using the analytical approaches of the Fund and the Bank in a coherent manner. The authors fine-tune this core model to make it better fit the structure of a developing economy. (The Journal of Development Studies)
… an excellent overview of issues related to adjustment and growth … the issues discussed would be of immense significance for policy makers and researchers alike. (International Affairs)

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