The Impact of Macroeconomic Policies in Trinidad and Tobago
Subtitle: The Firm under Adjustment
Publisher: Palgrave Macmillan
Published: September 6, 2002
Language: eng
Format: Hardcover
Number of pages: 464
ISBN-13: 9780333993156
Subjects: Development economics; Macroeconomics; Business & Economics; Business / Economics / Finance; Business/Economics; Trinidad & Tobago; Economics - Macroeconomics; Public Policy - Economic Policy; Business & Economics / General; General; Business enterprises; Structural adjustment (Economi; Structural adjustment (Economic policy); Trinidad and Tobago
First sentence: The above quotations are perspectives on the role of the state relative to that of the market/private sector which are elaborated in this chapter within the context of the origins of enterprise development.
Description: "Developing countries undergoing economic crises have traditionally followed economic restructuring programmes based on the premise that private investment recovery is assured once the market is allowed to prevail. There is little regard for the micro-level unit - the investing-firm - in this process, the conditions that characterize the product and factor markets and the positioning of the firm at the outset of adjustment.

Philomen Harrison focuses on the firm and its experience in the restructuring process within the context of a heterogeneous private sector, addressing such fundamental issues as firm size, the industry in which the firm operates and the ownership pattern, that have implications for the availability of resources and for the capacity and flexibility with which the firm can adjust."--BOOK JACKET.