The book presents and further develops basic principles and concepts in international finance and open economy macroeconomics to make them more relevant for eme

Table of contents

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

"The macroeconomic experience of emerging and developing economies has tended to be quite different from that of industrial countries. Compared to industrial co

Macroeconomic policies matter for sustainable long-term growth. With global fluctuations, deviation from a stable growth path can be minimized by countercyclica