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Overview
The first of two companion volumes on trade shocks in controlled economies, the authors here address the relationship between micro and macroeconomics through analysis of an external macro shock—the coffee price boom—on two developing countries whose similarities end at the level of governmental organization and objectives. Using microeconomic analysis and household survey data, they focus on crop prices, access to consumer goods, and provision of public services in Kenya and Tanzania.
Synopsis
The first of two companion volumes on trade shocks in controlled economies, the authors here address the relationship between micro and macroeconomics through analysis of an external macro shock—the coffee price boom—on two developing countries whose similarities end at the level of governmental organization and objectives. Using microeconomic analysis and household survey data, they focus on crop prices, access to consumer goods, and provision of public services in Kenya and Tanzania.