Development Macroeconomics

Rating:
Summary: An illuminating offer for macroeconomics scholars
Review: This book by Agenor and Montiel has succeeded to a large extent in their objective of integrating macroeconomic theory with the issues of the less developed countries. Proves to be an useful book which could be a decent alternative to the various textbooks in macroeconomics which are divorced of the diverse features of the less developed countries. Indeed an asset for the subject and the researchers. Worth possessing. But the cost is a little bit unaffordable for those in the developing world

Rating:
Summary: quite good!!!
Review: This is a very original work on the macroeconomics of emerging markets. It is very useful if you are interested in working in the field of international finance and macroeconomics. It deals in a formal manner with financial and real problems the less developed nations have to cope with. This is its best characteristic. For you to grasp the whole content, your math and economic theory background must be solid. A senior undergraduate with good skills should be capable of understanding this wonderful book. I think a new edition is on the go.
If you find yourself curious about this topic, in adittion of Foundations of International Macroeconomics by Obtsfeld and Rogoff, be aware that prof. Carlos Vegh, the superb UCLA and IMF economist, is in the process of writing a graduate text on Open Economy Macroeconomics in Developing Countries (actually this is its name) http://www.econ.ucla.edu/cvegh/book/book.htm