{"title":"Delisle Worrell","description":null,"products":[{"product_id":"development-and-stabilization-in-small-open-economies-book-delisle-worrell-9781032162294","title":"Development and Stabilization in Small Open Economies","description":"This book analyses and explains the nature of the economies of small countries and territories. It includes an assessment of material prosperity in 41 small open economies worldwide, with case studies focusing on the Caribbean and Central America, with a review of the development of their economies in recent decades. The volume recommends a suite of economic policy tools for the management of these economies, demonstrating how these may best be employed in economies that live and breathe through international commerce. Among observations of interest is the fact that the devaluation of the local currency of a small nation makes the country worse off; even a currency that maintains its value is little more than a trophy, of little value if it is not readily convertible into US dollars. Also, that while government policies affect international competitiveness and a small country's growth prospects, more important is how governments use additional resources to improve the quality of health and educational services. Moreover, economic windfalls such as the discovery of mineral resources seldom bring prosperity commensurate with their economic value, and never in the short run.  The volume will offer invaluable information and analysis to researchers and policy makers investigating small open economies.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ GARDNERS","offer_id":50698537337105,"sku":"NGR9781032162294","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"US \/ NEW \/ INGRAM","offer_id":51252905115921,"sku":"NIN9781032162294","price":0.0,"currency_code":"GBP","in_stock":false},{"title":"GB \/ NEW \/ INGRAM","offer_id":52587901518097,"sku":"NLS9781032162294","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/1032162295.jpg?v=1750822127"},{"product_id":"small-island-economies-book-delisle-worrell-9780275927950","title":"Small Island Economies","description":"This is an especially impressive study, one really without equal in terms of its coverage and sophistication. . . . While the analysis is predominately neoclassical, it is sensibly and sensitively done, and there is much to be learned from these pages on the immense difficulties involved in designing and implementing appropriate small-state economic policy. The tug of economic reality facing small economies in an open-world economy make the push coming from internal interests a real balancing act, as Worrell appreciates. There are other points one might have liked Worrell to have touched upon, but this work is really in a class by itself; there is no other general economic study of the region that is even remotely comparable. Choice  Dr. Worrell has been Director of Economic Research at the Central Bank of Barbados for over ten years. During this time he has observed firsthand the economic fluctuations in the Caribbean, advised the Barbados Government on policy, and written about the issues. Small Island Economies offers the author's reflections on the English-speaking Caribbean's economic performance during the last fifteen years. This insightful volume will be of use to specialists of developing and comparative economies and third world scholars, as well as those concerned with present-day international relationships.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52400892150033,"sku":"NLS9780275927950","price":0.0,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9780275927950.jpg?v=1758752930"},{"product_id":"development-and-stabilization-in-small-open-economies-book-delisle-worrell-9781032162188","title":"Development and Stabilization in Small Open Economies","description":"This book analyses and explains the nature of the economies of small countries and territories. It includes an assessment of material prosperity in 41 small open economies worldwide, with case studies focusing on the Caribbean and Central America, with a review of the development of their economies in recent decades. The volume recommends a suite of economic policy tools for the management of these economies, demonstrating how these may best be employed in economies that live and breathe through international commerce. Among observations of interest is the fact that the devaluation of the local currency of a small nation makes the country worse off; even a currency that maintains its value is little more than a trophy, of little value if it is not readily convertible into US dollars. Also, that while government policies affect international competitiveness and a small country's growth prospects, more important is how governments use additional resources to improve the quality of health and educational services. Moreover, economic windfalls such as the discovery of mineral resources seldom bring prosperity commensurate with their economic value, and never in the short run.  The volume will offer invaluable information and analysis to researchers and policy makers investigating small open economies.","brand":"WoB","offers":[{"title":"GB \/ NEW \/ INGRAM","offer_id":52588051431697,"sku":"NLS9781032162188","price":0.0,"currency_code":"GBP","in_stock":true},{"title":"US \/ NEW \/ INGRAM","offer_id":53082812121361,"sku":"NIN9781032162188","price":0.0,"currency_code":"GBP","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0784\/4072\/6801\/files\/9781032162188.jpg?v=1761057455"}],"url":"https:\/\/www.worldofbooks.com\/en-gb\/collections\/author-books-by-delisle-worrell.oembed","provider":"World of Books ","version":"1.0","type":"link"}