PROBLEMS OF STABILIZATION POLICY IN UNDERDEVELOPED COUNTRIES

PROBLEMS OF STABILIZATION POLICY IN UNDERDEVELOPED COUNTRIES

I. THERE exists a large and growing volume of literature on stabilization policies, but much of the discussion has been forced to remain on an abstract plane simply because of the lack of data relevant to the proposed policies. Several writers have complained of this gap between economic theory and...

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Veröffentlicht in:Oxford economic papers 1962-10, Vol.14 (3), p.251-266
1. Verfasser: Macbean, A. I.
Format: Artikel
Sprache:eng
Schlagworte:
Cost control
Crop economics
Developing countries
Economic fluctuations
Elasticity of demand
Exports
International trade
Peasants
Price elasticity
Price elasticity of demand
Prices
Raw materials
Rice
Stabilization policies
Supply
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Zusammenfassung:I. THERE exists a large and growing volume of literature on stabilization policies, but much of the discussion has been forced to remain on an abstract plane simply because of the lack of data relevant to the proposed policies. Several writers have complained of this gap between economic theory and empirical research and J. Tinbergen has made the point that:
ISSN:0030-7653
1464-3812
DOI:10.1093/oxfordjournals.oep.a040901