1. Introduction 2. The Basic Model 2.1 Price Formation and Inflation Rates 2.2 Internal and External Balance 2.3 The Trade Surplus and Activity Level 2.4 Financial Markets 2.5 Public Sector Flows of Funds 2.6 Classic Structuralist Results in the Short Run 3. Alternative Macroeconomic Closures 3.1 Monetarism 3.2 External Strangulation 3.3 Flexible Prices and Access to Foreign Exchange 3.4 Financial Liberalization 3.5 Summary on Alternative Closures and Extensions to the Basic Model 4. Macro Adjustment in the Short Run 4.1 Export Subsidies and Import Quotas 4.2 Food Subsidies and Food Price Inflation 4.3 Public Enterprise Pricing 4.4 Orthodox Shocks 4.5 Heterodox Shocks 4.6 Summary about the Short Run 5. Distribution, Growth and Inflation in the Medium Run 5.1 Mark-up Dynamics 5.2 Exchange Rate Dynamics 5.3 Long-Run Distribution Among All Concerned 5.4 Economic Regimes 5.5 Extensions to Several Sectors 5.6 Summary about the Long Run References Appendix Index
1. Introduction 2. The Basic Model 2.1 Price Formation and Inflation Rates 2.2 Internal and External Balance 2.3 The Trade Surplus and Activity Level 2.4 Financial Markets 2.5 Public Sector Flows of Funds 2.6 Classic Structuralist Results in the Short Run 3. Alternative Macroeconomic Closures 3.1 Monetarism 3.2 External Strangulation 3.3 Flexible Prices and Access to Foreign Exchange 3.4 Financial Liberalization 3.5 Summary on Alternative Closures and Extensions to the Basic Model 4. Macro Adjustment in the Short Run 4.1 Export Subsidies and Import Quotas 4.2 Food Subsidies and Food Price Inflation 4.3 Public Enterprise Pricing 4.4 Orthodox Shocks 4.5 Heterodox Shocks 4.6 Summary about the Short Run 5. Distribution, Growth and Inflation in the Medium Run 5.1 Mark-up Dynamics 5.2 Exchange Rate Dynamics 5.3 Long-Run Distribution Among All Concerned 5.4 Economic Regimes 5.5 Extensions to Several Sectors 5.6 Summary about the Long Run References Appendix Index
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