External Finance and Adjustment: Failure and Success in the Developing World - Couverture souple

Couverture souple

ISBN 10 : 1349259071 ISBN 13 : 9781349259076

Editeur : Palgrave Macmillan, 1997

Synopsis

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.

Détails de l'édition

• Éditeur: Palgrave Macmillan
• Date d'édition: 1997
• Langue: anglais
• ISBN 10: 1349259071
• ISBN 13: 9781349259076
• Reliure: Broché
• Numéro d'édition: 1
• Nombre de pages: 504
• Éditeur: Jansen Karel, Vos Rob
• Coordonnées du fabricant: Springer Nature Customer Service Center GmbH; ProductSafety@springernature.com; ; Europaplatz 3,69115 Heidelberg, Germany; Heidelberg; 69115; Allemagne