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The Role of Politics and Instability in Macroeconomic Performance Theory an 7791 - nouveau livre

2009, ISBN: 3639184157

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The Role of Politics and Instability in Macroeconomic Performance : Theory and Lessons from the Turkish Experience - Livres de poche

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The Role of Politics and Instability in Macroeconomic Performance - Livres de poche

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The Role of Politics and Instability in Macroeconomic Performance - Livres de poche

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The Role of Politics and Instability in Macroeconomic Performance

Myopic and populist policies and associated macroeconomic instabilities in developing countries usually emanate from deeper socio-political instabilities rather than technical "mistakes" or misjudgments of policy makers. This book, therefore, develops political macro-economy models to provide some political economy explanations to myopic and populist policies and the resultant undesirable macroeconomic outcomes. The key feature of the theoretical framework is that it links overall macroeconomic performance to public spending and borrowing decisions by focusing on the productivity enhancing role of public investment. This book also investigates the effects of macroeconomic instability on public and private investment and economic growth in the Turkish economy over the 1963-1999 period. It also develops an index to measure macroeconomic instability. Empirical evidence suggests that the chronic and increasing instability of the Turkish economy has seriously affected its capital formation and growth over the sample period. The lessons from the Turkish experience are valuable to other developing countries.

Informations détaillées sur le livre - The Role of Politics and Instability in Macroeconomic Performance


EAN (ISBN-13): 9783639184150
ISBN (ISBN-10): 3639184157
Version reliée
Livre de poche
Date de parution: 2009
Editeur: VDM Verlag
168 Pages
Poids: 0,267 kg
Langue: eng/Englisch

Livre dans la base de données depuis 2009-10-21T06:20:00+02:00 (Paris)
Page de détail modifiée en dernier sur 2023-09-06T16:07:39+02:00 (Paris)
ISBN/EAN: 9783639184150

ISBN - Autres types d'écriture:
3-639-18415-7, 978-3-639-18415-0
Autres types d'écriture et termes associés:
Auteur du livre: mustafa can
Titre du livre: instabilities, instability


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The Role of Politics and Instability in Macroeconomic Performance Theory an 7791


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