Economics of Change in Less Developed Countries

This book analyzes the changes that are taking place in less developed countries, examines the problems that the processes of change are generating and looks at the agents of change themselves. It has been revised to reflect the greater diversity in the Third World economies in the 1980s and 1990s, likely new developments to the end of the century and economic reform in "socialist" Third World countries. Stabilization and structural adjustment issues and macroeconomic policy in general are also discussed.