Macroeconomic Model and Stabilization Policies for OPEC Countries

Focusing on the macroeconomics issues which directly affect OPEC countries, this work sets them in the context of the overall development effort. Theoretical and empirical aspects in macroeconomics are integrated with institutional issues and policy questions. The analysis is illustrated through examples to show how the theories relate to the real world, especially to ongoing debates on developing economies as well as debates that encompass both developing and OPEC, and developed countries.