This comprehensive survey of multisector, economy-wide planning models weighs their power to address issues of trade, distribution, growth, and structural change. The authors combine theoretical discussion...
This paper describes a long-term optimal growth model for Egypt, focusing on issues of investment allocation, optimal saving and foreign borrowing, extraction of natural resources and shadow pricing. All...
An acute shortage of foreign exchange has been a recurring problem for many developing economies. This paper reexamines the foreign exchange gap issue and the debate between structuralists and neoclassicists...
This paper examines the consequences of alternative adjustment mechanisms to foreign exchange shortages in semi-industrial economies. Devaluation is compared to two forms of import rationing within the...
This study is an examination of the interaction between trade, trade policy and growth in the Turkish economy. The analysis relies to a great extent on a multi-sector general equilibrium growth model of...