Policymaking in The Open Economy Book Review


Guidelines for Book Review: A full book review may concern only one book. NO TEXTBOOK AND PAPER. Its length is about 1500-2000 words. It should give readers an engaging, informative, and critical discussion of the work. Use the book below to write a book review that makes statements of how policy choices critically influence its economic performance. This book highlights the choices that can be made in several areas: monetary policy, exchange-rate policy, financial reform, protection, tax reform, and foreign capital. It includes detailed case studies of Nigeria and Bolivia. Policymaking in the Open Economy: Concepts and Case Studies in Economic Performance (EDI Series in Economic Development) By Rudiger Dornbusch The review should consider (please use as your outline): The intended audience for the book and who would find it useful. The background of the author(s). The main ideas and major objectives of the book and how effectively these are accomplished. The context or impetus for the book – – political controversy, implications of the book for research, policy, practice, or theory. A comparison with other works on this subject. Constructive comments about the strength and weaknesses of the book. The front page of your review should include: Author(s) or editor(s) first and last name(s) (please indicate if it is an edited book) Title of book Year of publication Place of publication Publisher Number of pages Price (please indicate paperback or hardcover) if available ISBN Book review grading will be based on the following rubric with 4 components: Background of author and audience. Discussion of main ideas and objectives. The context for the book and comparison with other work on the subject. Comments about strengths and weaknesses and implications for research and public policy

Explanation & Answer:
2000 words

public policy


open economy

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