Comparative Study Of Indonesia Research Articles

ASEAN Economies in Perspective: A Comparative Study of Indonesia, Malaysia, the Philippines, Singapore, and Thailand. By John Wong. Philadelphia: ISHI, Institute for the Study of Human Issues, 1979. xii, 217 pp. Map, Statistical Tables, Notes, References, Index. $17.50.

ASEAN Economies in Perspective: A Comparative Study of Indonesia, Malaysia, the Philippines, Singapore, and Thailand. By John Wong. Philadelphia: ISHI, Institute for the Study of Human Issues, 1979. xii, 217 pp. Map, Statistical Tables, Notes, References, Index. $17.50.

ASEAN Economies in Perspective. A Comparative Study of Indonesia, Malaysia, the Philippines, Singapore and Thailand

VRÜ Verfassung und Recht in Übersee , Seite 431 - 432

ASEAN Economies in Perspective. A Comparative Study of Indonesia, Malaysia, the Philippines, Singapore and Thailand.

ASEAN Economies in Perspective. A Comparative Study of Indonesia, Malaysia, the Philippines, Singapore and Thailand.

Testing the Monetary Approach to Devaluation in Developing Countries

The monetary approach to the balance of payments suggests that surpluses and deficits are essentially adjustment phenomena which serve to equilibrate the money stock in existence to the quantity demanded in an open economy. An increase in the domestic money supply via increased domestic credit creation, by either central or private banks, leads to larger deficits which, in turn, deplete the excess supply of money. A devaluation, however, raises domestic prices and as a result increases the demand for money, thereby leading to a temporary improvement in the balance of payments. 1 The purpose of this paper is to test the monetary approach to devaluation from a sample of 18 independent devaluations that took place in developing countries during the 1959-70 period and, at the same time, to indicate the conditions under which devaluation is successful in improving the balance of payments. In the process, the paper sheds light on two important related issues: first, the degree to which devaluation is inflationary per se, and second, the extent to which devaluation changes the price of traded goods relative to nontraded ones. Part I sets out a simple monetary model appropriate for empirical testing of the monetary approach, Part II summarizes the results of the empirical tests, and Part III focuses upon the impact of devaluation upon the terms of trade and domestic prices. The concluding section discusses Richard Cooper's (1971) test of the monetary approach and attempts to assess the weaknesses and strengths of the monetary framework.

The New Elites of Tropical Africa edited by P. C. Lloyd London, O.U.P. for the International African Institute, 1966. Pp. 390. 503. - The New Elite in Asia and Africa: a comparative study of Indonesia and Ghana by Tom Kerstiens New York, Praeger, 1966. Pp. 282. 90s.

The New Elites of Tropical Africa edited by P. C. Lloyd London, O.U.P. for the International African Institute, 1966. Pp. 390. 503. - The New Elite in Asia and Africa: a comparative study of Indonesia and Ghana by Tom Kerstiens New York, Praeger, 1966. Pp. 282. 90s.

The New Elite in Asia and Africa. A Comparative Study of Indonesia and Ghana.

The New Elite in Asia and Africa. A Comparative Study of Indonesia and Ghana.

The New Elite in Asia and Africa: A Comparative Study of Indonesia and Ghana

Journal Article The New Elite in Asia and Africa: A Comparative Study of Indonesia and Ghana Get access The New Elite in Asia and Africa: A Comparative Study of Indonesia and Ghana. By Thom Kerstiens. New York, Washington: Praeger: London: Pall Mall. 1966. 282 pp. Bibliog. (Praeger Special Studies in International Economics and Development.) 90s. Philip Whitaker Philip Whitaker Search for other works by this author on: Oxford Academic Google Scholar International Affairs, Volume 42, Issue 4, October 1966, Pages 697–698, https://doi.org/10.2307/2610182 Published: 01 October 1966