Carte External Finance and Adjustment Karel Jansen

External Finance and Adjustment

Failure and Success in the Developing World

Limbă: engleză
Legare: Carte broșată
Disponibilitate: În depozitul extern în cantități mici
Expediem în 13-18 zile
892.45 lei
This book studies the impact of different sources of external finance on growth and development in d...

Informații despre carte

Limbă
engleză
Legare
Carte - Carte broșată
Publicat
1997
Pagini
475
EAN
9781349259076
ISBN
1349259071
Enbook ID
02949581
Greutate
635
Dimensiuni
140 x 216 x 28

Descriere completă

This book studies the impact of different sources of external finance on growth and development in different country contexts. An important finding of the study is that 'success' or 'failure' in the productive use of external and domestic financial resources cannot be explained on the basis of single factors such as external shocks or 'bad' versus 'sound' policies. Rather, they are outcomes of complex interactions between changes in exogenous factors (such as fluctuations in external finance and trade shocks), existing economic structures and the responses to shocks by domestic public and private sector agents. This finding also implies that there are no recipes in economic policy-making which are generally applicable; the 'best' policy has to be designed specifically for each country.

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