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There are many challenges facing the economies of developing countries. In International Finance and The Developing Economies , Graham Bird provides an essentially non-technical discussion of these issues, examining the underlying political economy and discussing the policy alternatives that are available.
The first part examines the macro theory of the open economy: the second part examines macroeconomic stabilisation policy in the context of an open economy, and the world economy: and the third part looks at various case-studies or applications of the analysis introduced in the first two parts.
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