Varieties of Stabilization Experience: Towards Sensible Macroeconomics in the Third World

This book is a synthesis of recent work on the experiences of developing countries with stabilization programs. Critical of the orthodox "neoclassical" or "monetarist" approach of the IMF and the World Bank, the book advocates a structuralist macroeconomic theory approach, discussing how the IMF/World Bank market-oriented methodology can best be modified to deal with the macroeconomic linkages beyond its control, and how stabilization can be geared toward growth.Taylor, Lance is the author of 'Varieties of Stabilization Experience: Towards Sensible Macroeconomics in the Third World' with ISBN 9780198287315 and ISBN 0198287313.