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Class notes Economic Policy In Developing Countries (ECON3569) Economics of Development, ISBN: 9780393934359
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I have made detailed notes on the graphs from chapters 14-19 and the trends and empirical data related to the graphs. I made summarized notes for chapter 15, the Appendix of chapter 15, which has more accounting terms and content and chapter 14.
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Figure on macroeconomic impact of trade protectionism
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This figure 19-3, derived from chapter 19 from the textbook Economics of Development, 7th edition by Perkins et al., shows the macroeconomic impact of trade protectionism with overvalued and undervalued exchange rates.
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External and Internal Equilibrium
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This graph 15-3 from chapter 15 shows the external and internal equilibrium with policy tools on the axis. In other words, his graph shows tradables and non-tradables markets from a different perspective.
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Summary of Chapter 15
- Summary • 1 pages • 2021
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This one-page summary of chapter 15 from the textbook explains how to develop mechanisms for analyzing the macroeconomic policies that a developing country should pursue to stabilize its economy and accelerate its economic growth.
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Dutch Disease graph showing export boom or capital inflow
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This graph, 15-7 from chapter 15 from the textbook shows the export boom or capital inflow known as the Dutch Disease explaining the impact of natural resource booms on countries both in developing and developed.
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Natural Disaster Graph
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This graph, 15-10 from chapter 15 from the textbook: economics of development 7th edition by Perkins et al., shows the impact of natural disasters such as droughts, hurricanes and earthquakes on external and internal balance lines.
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Debt repayment or declining terms of trade graph
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The graph 15-8 from chapter 15 from the textbook: economics of trade by Perkins et al., 7th edition shows debt repayment or declining of trades and the impact debt crisis has on developing countries when borrowing abroad.
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Chapter 15 Appendix: National Income & the Balance of Payments
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This first page of summary notes on chapter 15 Appendix is just a breakdown of the balance of payments in accounting terms and explains what happens in a closed economy versus an open economy.
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The Product-Product Design
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This figure 17-8 from Chapter 17 from the textbook: economics of development 7th edition by Perkins et al., shows the interaction between markets and nature with a production possibility frontier and an isorevenue line.
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Tariff Protection
- Class notes • 1 pages • 2021
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Figure 19-1, from chapter 19 from the textbook: economics of development by Perkins et al. 7th edition, shows the effects of protective tariffs on consumers, producers and the government.
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