Sri Lanka defaulted on its external debt for the first time in its postcolonial history…
The Macroeconomics of Imbalance and Adjustment C.P. Chandrasekhar
This article traces the theoretical lineage of neoliberal macroeconomic policies. It provides a critique of these theories and relates the changes in the theory underlying IMF-style stabilization and adjustment to the imperatives generated by the rise to dominance of finance capital internationally.
macroeconomics (Download the full text in PDF format)