Balance of Payments Analysis of Developing Economies

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A01=Alexander Bilson Darku
A01=Handa Jagdish
A01=Olumuyiwa Samson Adedeji
Actual Current Account
ADF
Augmented Dickey Fuller Test
Author_Alexander Bilson Darku
Author_Handa Jagdish
Author_Olumuyiwa Samson Adedeji
Category=KCL
Category=KJ
Current Account Balance
Current Account Deficit
Current Account Position
current account sustainability
econometric techniques
empirical analysis of African economies
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
exchange rate policy
Export Gdp Ratio
External Crisis
external sector analysis
Gdp Growth
Gdp Ratio
Ghanaian Economy
International Financial Markets
Intertemporal Approach
Intertemporal Budget Constraint
intertemporal consumption model
Intertemporal Model
macroeconomic modelling
Net Foreign Assets
Net Output
Nigerian Economy
Phillip Perron Test
Real Effective Exchange Rate
Real Exchange Rate
Real Exchange Rate Appreciation
Real World Interest Rate
Unit Root Tests
World Interest Rate

Product details

  • ISBN 9781138357396
  • Weight: 280g
  • Dimensions: 152 x 235mm
  • Publication Date: 31 Jan 2022
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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Developing countries - given their extreme economic vulnerability - are likely to be better served by maintaining flexible exchange rate regimes. That is the finding of this informative and enlightening book. Presenting unique theoretical and econometric analysis of the current account of the balance of payments of Nigeria and Ghana, this book examines the features common to the economic position of developing countries (such as recurring deficits and continual increases in external debt). The book presents a number of new theoretical modifications to the standard version of the value model of the current account, in order to reflect the major characteristics of developing economies. The book also uses rigorous econometric analyses to determine the validity of theoretical models, and examines the sustainability of these various countries' current account deficits.
Olumuyiwa Samson Adedeji is an Economist for the International Monetary Fund, USA. Professor Jagdish Handa is Professor of Economics in the Department of Economics at McGill University, Montreal, Canada. Alexander Bilson Darku is Lecturer in the Department of Economics at Concordia University, Montreal, Canada.

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