External Finance and Adjustment: Failure and Success in the Developing World (International Finance and Development Series) - Hardcover

Hardcover

ISBN 10: 0312174721 ISBN 13: 9780312174729

Verlag: Springer Palgrave Macmillan, 1998

Inhaltsangabe

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.

Details zur Ausgabe

• Verlag: Springer Palgrave Macmillan
• Erscheinungsdatum: 1998
• Sprache: Englisch
• ISBN 10: 0312174721
• ISBN 13: 9780312174729
• Einband: Gebundene Ausgabe
• Anzahl der Seiten: 475
• Herausgeber: Jansen Karel, Vos Rob
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: Koch-Chemie GmbH; https://www.koch-chemie.com; ; Einsteinstr. 42; Unna; 59423; Deutschland