Product Description: This volume brings together papers inspired by the work of Duncan Foley, an extraordinarily productive economist who has made seminal contributions to a wide variety of areas. Foley’s work cannot be easily classified, but one thread that runs through it is a critical examination (along both ethical and analytical lines) of conventional neoclassical economic theory, particularly involving general equilibrium theories of value and money...read more

Product Description: Economic structuralists use a broad, systemwide approach to understanding development, and this textbook assumes a structuralist perspective in its investigation of why a host of developing countries have failed to grow at 2 percent or more since 1960...read more

Product Description: This hard-hitting research report presents a rigorous critique of the most widely used trade models based on computable general equilibrium (CGE) models. The authors present concise analytical arguments explaining the fundamental weaknesses of typical CGE models...read more

Product Description: This book reviews the experience of 14 countries with external liberalization and related policies, based on papers written by national authors following a common 0000oeconomic methodology. The methodology, the papers' main results, and policy implications are summarized in the introductory chapter...read more

Product Description: Macroeconomics is in disarray. No one approach is dominant, and an increasing divide between theory and empirics is evident. This book presents both a critique of mainstream macroeconomics from a structuralist perspective and an exposition of modern structuralist approaches...read more

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Product Description: Lance Taylor uses structuralist models to examine the issues of short-term fluctuations and long-term growth in developing economies.

Product Description: These papers provide a cutting-edge overview of general issues regarding world capital markets, experience in developing countries, and capital market regulation, which many economists believe could turn into the number one topic in international business and economics.

Product Description: This book provides an interesting and refreshing collection of economic research conducted in the broadly heterodox tradition. A variety of topical issues are addressed, including labor market inequalities, welfare reform, interest rate policies, international trade, and global financial instability...read more (view table of contents, read Amazon.com's description)

Argues for a world financial authority with the power to establish worldwide, best-practice financial regulation and risk management, citing historical situations that were resolved by similar agencies. Reprint.

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Product Description: This book provides an interesting and refreshing collection of economic research conducted in the broadly heterodox tradition. A variety of topical issues are addressed, including labor market inequalities, welfare reform, interest rate policies, international trade, and global financial instability...read more (view table of contents, read Amazon.com's description)

Product Description: In the past twenty years, economic policy in Latin America has veered toward neoliberalism, or market friendliness. State interventions in the economy were cut back in many areas, in the form of reductions in fiscal deficits; privatization of public enterprises; reductions of import quotas and tariffs and export subsidies; removal of barriers to foreign capital flow; and increased faith in the private sector and market processes...read more (view table of contents, read Amazon.com's description)

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Product Description: A critique of the free-market economic policies that have jolted Eastern Europe. It explains the failure of the simplistic market medicine administered in the first five years of transition, and proposes a sensible approach to reform, including a restructuring of the state itself so that it can play a more positive role in this transition...read more

These case studies by an international roster of development economists provide valuable insights into the difficulty of establishing answers to the fundamental question of why nations grow at different rates, with inequitable patterns of wealth and income distribution.The case studies of Colombia, Chile, Thailand, Malaysia, Sri Lanka, Tanzania, Uganda, the Philippines, Mexico, Nigeria, Zimbabwe, Argentina, Brazil, Nicaragua, Zambia, and Senegal look at each country from the perspective of its own history and institutions, bringing to light factors that condition observed performances.The country studies are framed by introductory chapters by Lance Taylor. Taylor discusses the ideas underlying the cases and summarizes their implications. He sets current policy in a broader context surrounded by initial and boundary conditions on economic reform relevant for the 1990s: prior debates in development economics; the theory of the state; currently popular options for economic stabilization and adjustment; and trade, industrial, and agricultural strategies. Drawing on results of the country studies, Taylor also sets up a novel "3-gap" macroeconomic model to calculate foreign resource requirements for growth.Lance Taylor is Professor of Economics at the Massachusetts Institute of Technology.

Product Description: Structuralist macroeconomics has emerged recently as the only viable theoretical alternative for economists and practitioners in developing countries. Lance Taylor's innovative work represents a landmark in this field...read more

Product Description: 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...read more

Product Description: Economist Lance Taylor is an advocate of aggressive government management of developing economies. The models described in this book are are easy to set up and manipulate on microcomputers and should dominate the development debate...read more

Product Description: The experience of Brazil in the last twenty years provides a classic case for the study of economic change. This book explores the Brazilian experience from the point of view of political economy, using income distribution models.