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Macroeconomic Management in Asian‐Pacific Developing Countries

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  • M L Treadgold

Abstract

This article surveys the literature on macro‐economic policy in East Asian and Pacific developing countries. Both internal and external aspects of macroeconomic policy are covered, but greater emphasis is placed on the former. After reviewing regional work on macroeconomic policy objectives and on the conflicts, constraints and trade‐offs faced by policy makers, an examination is made of research into target/instrument frameworks for the analsyis and design of policy. Then follow sections dealing with the specific instruments of monetary and fiscal policy. Finally, attention is drawn briefly to topics found in the literature but bypassed in this survey, and to gaps in the regional literature itself.

Suggested Citation

  • M L Treadgold, 1990. "Macroeconomic Management in Asian‐Pacific Developing Countries," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 4(1), pages 3-40, March.
    • Handle: RePEc:bla:apacel:v:4:y:1990:i:1:p:3-40
    DOI: 10.1111/j.1467-8411.1990.tb00023.x
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    References listed on IDEAS

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    1. Hang-Sheng Cheng, 1981. "Money and credit in China," Economic Review, Federal Reserve Bank of San Francisco, issue Fall, pages 19-36.
    2. Maxwell J. Fry, 1981. "Inflation and economic growth in Pacific Basin developing economies," Economic Review, Federal Reserve Bank of San Francisco, issue Fall, pages 8-18.
    3. Ramon Moreno, 1986. "Monetary control without a central bank: the case of Hong Kong," Economic Review, Federal Reserve Bank of San Francisco, issue Spr, pages 17-37.
    4. Brian Wawn, 1982. "The Economies of the Asean Countries," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-16972-6.
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