Author: Denoon, David B.H.
Title: Devaluation under Pressure: India, Indonesia, and Ghana
Description: Cambridge MA, MIT Press, (1986). orig. cloth. 23x16cm, xii, 260 pp. Textual tables.. Minor rubbing. Slight page-edge soil. VG. In a torn dustwrapper. ¶ Contents: The Issues: The Problems of Devaluation; Purpose of this Book; The Central Hypotheses and a Framework for Analysis; The Questions to be Adressed; Stages in a Devaluation Episode; Why Analyze Devaluations under Pressure?; Why Select these Cases?; Ongoing Problem; India Expectations Shattered; The Nehru and Shastri Legacy; Stage 1: The Arena; Stage 2: Bureaucratic Politics; Stage 3: The Prime Minister's Decision; Stage 4: Implementation: Constraints Dominate; Conclusion: Quietly Slip the Check under the Door?; Appendix 2A: Chronology of the Key Events Related to the 1966 Indian Rupee Devaluation; Appendix 2B: The Bell Mission Report; Appendix 2C: The Woods-Mehta Agreement; Appendix 2D: Aid Statistics and List of Interviews Conducted on the 1966 Rupee Devaluation; Indonesia: Stabilization Reinforced; The Argument; Transition: Suharto's Search for Order; Stage 1: The Aid Arena Is Set; Stage 2: Bureaucratic Politics: Elegant Shadowboxing; Stage 3: The Presidential Decision; Stage 4: Implementation: Economic Policymaking with Limited Constraints; Summary and Conclusions; Appendix 3A: Chronology of Indonesia's Aid Relationships and Key Events Leading to the April 1971 Rupiah Devaluation; Appendix 3B: Evolution of the BE System 1966-1970; Appendix 3C: Interviews on the 1970 Indonesian Devaluation; Ghana: Hidden Disarray; Ghana When the Cheering Stopped; The Busia Setting; Stage 1: The Arena Takes Shape; Stage 2: Maneuvering for Resources; Stage 3: Busia's Decision; Stage 4: Implementation; Conclusions: Ghana - The Brittle Polity;..

Keywords: Currency Devaluation, Development, Developing, Financial History, Exchange Rate, Economic Economics, Economy Monetary, Ghana Policy, India