The Open Economy: Tools for Policymakers in Developing Countries (EDI Series in Economic Development) [Paperback]

Rudiger Dornbusch (Editor), F. Leslie C. H. Helmers (Editor)

Book Description

Publication Date: June 30, 1988 | ISBN-10: 0195207092 | ISBN-13: 978-0195207095

This important book is a teaching manual, in nontechnical language, on policymaking in developing countries. Written at the request of the Economic Development Institute of the World Bank, the papers focus on policy instruments, their use and constraints, and provide case studies of economic policy in Argentina, Brazil, Indonesia, Korea, and Mexico to illustrate basic problems and possible solutions.

Editorial Reviews

Review

"Outstanding in its demonstration of the policy relevance of open economy macroeconomics."--Thomas A. McGahagan, University of Pittsburgh at Johnstown

"Well-written and provide[s] very good material for undergraduate courses in international economics or international political economy....A most useful compilation."--The Economic Journal

"A good book...as an introduction to conventional theory of open economy for developing countries."--Studies in Comparative International Development

About the Author

Rudiger Dornbusch is at Massachusetts Institute of Technology. F. Leslie C. H. Helmers is former Chief of Studies at the World Bank.

Product Details

• Paperback: 424 pages
• Publisher: Oxford University Press, USA (June 30, 1988)
• Language: English
• ISBN-10: 0195207092
• ISBN-13: 978-0195207095
• Product Dimensions: 9.2 x 6.1 x 1.3 inches
• Shipping Weight: 1.5 pounds (View shipping rates and policies)
• Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #2,287,399 in Books (See Top 100 in Books)

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5.0 out of 5 stars Open Economy Macroeconomics, June 7, 2011

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This review is from: The Open Economy: Tools for Policymakers in Developing Countries (EDI Series in Economic Development) (Paperback)

This book, edited by Dornbusch and Helmers in 1988, is an amazing study by several economists that analyze many aspects of open economy in a simple and nontechnical way to undergraduate, graduate students and government officials. The book is but an extension in some sense of classical book Open Economy Macroeconomics of Dornbusch, published in 1980. I do recommend it to any researcher in development economics because there are several case studies without harm the economic theory.