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

Jansen, Karl (Ed.) and Rob (Ed.) Vos:

ISBN 10: 0333693906 / ISBN 13: 9780333693902

Published by Palgrave Macmillan, NY, 1997

About this Item

475 Seiten Originalschutzumschlag vorhanden; Das Buch befindet sich in einem ordentlich erhaltenen Zustand; Sprache: Englisch Gewicht in Gramm: 780.

Seller Inventory # 952859

Bibliographic Details

• Title: External Finance and Adjustment: Failure and Success in the Developing World (International Finance and Development Series)
• Publisher: Palgrave Macmillan, NY
• Publication Date: 1997
• Language: English
• ISBN 10: 0333693906
• ISBN 13: 9780333693902
• Binding: Gebundene Ausgabe
• Condition: Gut
• Weight: 780 grams
• Seller catalogs:
  • 604 Wirtschaft

About this title

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.