Edited By: Rudiger Dornbusch and F Leslie C H Helmers
"Outstanding in its demonstration of the policy relevance of open economy macroeconomics."
– Thomas A. McGahagan, University of Pittsburgh at Johnstown
"Well-written and provide[s] very good material for undergraduate courses in international economics or international political economy [...] A most useful compilation."
– The Economic Journal
"A good book [...] as an introduction to conventional theory of open economy for developing countries."
– Studies in Comparative International Development
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