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This key textbook provides a fresh introduction to macroeconomics in developing countries. It presents the main elements of 20th century macroeconomics and shows how the models produced for industrialised societies need to be modified for various groups of less developed countries. It is designed for those who start with little or no economics but need to understand the issues involved in the stabilizing of national income and the price level, and in keeping a sustainable balance of payments. It focuses on a number of measures designed to create stability including fiscal policy, the exchange rate, wages and interest rates. There are several case studies of policy experiments conducted since the mid 1970s.
Broad beliefs about the economics of ‘developing countries’ and of the development process have changed considerably since the subject became of wide interest in the 1950s; due largely to changes in the world and in the application of economic policies within developing countries. Subjects such as environment, gender, poverty, famine and globalization have come to be of increasingly important public interest. The extreme divergence of experience among regions of the world has also made it more and more questionable whether it even makes sense to think of a single and distinctive ‘economics of developing countries’. This textbook presents a concise and up-to-date examination of the field of development economics, bringing together historical perspectives, current issues and policy implications. Each chapter can be read as a stand-alone unit, or as part of the wider economic debates presented throughout the book.
How should governments manage their countries mineral and oil-gas resources? This book deals with the relationships between governments and mining companies; governments participation in mining enterprises; stabilization in the face of fluctuating mineral revenue; and possible forms for tax systems and their administration.
When it came in September 1975, Papua New Guinea's independence was marked by both anxiety and elation. In the euphoric aftermath, decolonisation was declared a triumph and immediate events seemed to justify that confidence. By the 1990s, however, events had taken a turn for the worse and there were doubts about the capacity of the State to function. Before independence, Papua New Guinea was an Australian Territory. Responsibility lay with a minister in Canberra and services were provided by Commonwealth agencies. In 1973, Prime Minister Gough Whitlam declared that independence should be achieved within two years. While Australians were united in their desire to decolonise, many Papua New Guineans were nervous of independence. This superlative history presents the full story of the 'trial separation' of Australia and Papua New Guinea, concluding that -- given the intertwined history, geography and economies of the two neighbours -- the decolonisation project of 'independence' is still a work in progress.
Integrity in the Private and Public Domains explores the issue of public and private integrity in politics, the media, health, science, fund-raising, the economy and the public sector. Over twenty essays by well-known figures such as Amelie Rorty, David Vines, the late Hugo Gryn, Alan Montefiore and Hilary Lawson present a compelling insight into debates over integrity today. A key chapter of the book concerns the highly publicised donation to Oxford University by Gert-Rudolf Flick, an issue which attracted wide media attention by raising questions of fund-raising and the holocaust.
No single revenue instrument can be assumed to be superior for mineral- dependent developing countries. And more than one instrument may be needed to meet a government's multiple objectives.
The former Soviet Union possessed some of the world's largest reserves of energy and mineral resources. With the dissolution of the country in 1991, the former Soviet republics are now exercising complete control over their mining industries. The new Commonwealth of Independent States (CIS) consists of several new nations, well-endowed in hydrocarbons, metals, and industrial materials; efforts are now underway to boost development activities and attract foreign investment. Commonwealth members today are implementing policies to regulate energy and mineral development and enhance economic growth. This book provides a comprehensive overview of the energy and minerals industries of the CIS and ...
This book explains how Australian and New Zealand economists exerted influence on economic thought and contributed to the economic life of their respective countries in the twentieth century. Besides surveying theorists and innovators, this book also considers some of the key expositors and builders of the academic economics profession in both countries. The book covers key economic events including the Great Depression, the Second World War the post-war boom and the great inflation that overtook it and, lastly, the economic reform programs that both Australia and New Zealand undertook in the 1980s.
A careful analysis of the Bank’s own policy papers and reports, which outlines its philosophy of development and the concrete effects of its projects.
First Published in 2011.This is Volume 6 of the library collection of seven on Natural Resource Management and gives an analysis of the structure, physical characteristics, economics and a survey of the world copper industry and of the problems with which policy makers and students of the industry are currently concerned. There is heavy emphasis on foreign investment in mining, especially in the Third World copper producing countries.