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Adjustment in oil-importing developing countries:a comparative economic analysis.

By: Material type: TextPublication details: Cambridge : University Press, 1994.Subject(s): Summary: This book analyzes the adjustment of oil-importing developing countries to oil price shocks with a view both to understanding an important episode in recent economic history (1973-4;1979-80), and to eliciting lessons that can guide successful adjustment to similar events in the future. The study develops quantitative economic methods and applies them to contemporary problems in order to yield useful insights for policy-makers.
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Includes Index.

This book analyzes the adjustment of oil-importing developing countries to oil price shocks with a view both to understanding an important episode in recent economic history (1973-4;1979-80), and to eliciting lessons that can guide successful adjustment to similar events in the future. The study develops quantitative economic methods and applies them to contemporary problems in order to yield useful insights for policy-makers.

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