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External Debt, Adjustment, and Growth

Delano Villanueva ()

Chapter 3 in Macroeconomic Policies for Stable Growth, 2008, pp 74-112 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:IntroductionThe Formal FrameworkBrief Survey of the LiteratureThe Extended ModelThe Reduced ModelRestrictions on External FinancingOptimal GrowthApplication to the PhilippinesImplications for Fiscal Policy and External Debt ManagementSummary and ConclusionsAppendix 3.A: Stability AnalysisAppendix 3.B: DataDefinitionsData SourcesSample PeriodSoftware UsedAppendix 3.C: Optimal Saving in a Learning by Doing Model IntroductionThe ModelThe Reduced ModelComparative DynamicsComments on the Optimal Saving RateConcluding RemarksReferences

Keywords: Macroeconomic Policies; Economic Growth; Macroeconomic Stabilization; External Debt Management; Financial Liberalization/Integration (search for similar items in EconPapers)
JEL-codes: E O (search for similar items in EconPapers)
Date: 2008
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