A medium term macroeconomic framework of adjustment with growth (English)

This paper develops a medium-term macroeconomic framework for assessing the impact of structural adjustment policies on the economic performance of developing countries. The salient feature of this analytical framework lies in the integration of a real model of resource allocation with a monetary model of stabilization. This integration makes it feasible to evaluate structural adjustment policies that include both demand-management and supply-side...
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Citation

Hwa,Erh-Cheng.

A medium term macroeconomic framework of adjustment with growth (English). Country Analysis and Projections Division working paper ; no. DWA 1987-5 Washington, D.C. : The World Bank. http://documents.worldbank.org/curated/en/677211468173929949

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