Macroeconomic Adjustment: Policy Instruments and Issues

by Jeffrey M. Davis (Editor)

IMF-supported adjustment programs aim to restore economic growth, while bringing about a sustainable balance of payments position. Achievement of these goals requires coordinated use of a variety of policy measures, including monetary and fiscal, exchange rate, external debt management, and structural policies, which affect capacity use and productive potential. This book provides an introductory review of some of the policy issues in each of these areas.

90 pages, Paperback

First published January 1, 1992