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Debt & Adjustment in the World Economy (International Finance & Develo)
Rob (Senior Lec Vos
€ 120.46
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Description for Debt & Adjustment in the World Economy (International Finance & Develo)
Hardcover.
The dismal experience of many developing countries with the use of large inflows of commercial bank loans and official development assistance in the 1970s and 1980s has manifested the continuous external vulnerability of their economies. This study provides a rigorous theoretical and empirical analysis of the international aspects of development finance, Credit-rationing rules set by bank managers and donor governments, together with uncoordinated macroeconomic policies in the industrialized world, tend to create unstable and inadequate external financing conditions for the developing world. This study not only makes overly clear that a global framework is needed to assess the contribution of ... Read more
The dismal experience of many developing countries with the use of large inflows of commercial bank loans and official development assistance in the 1970s and 1980s has manifested the continuous external vulnerability of their economies. This study provides a rigorous theoretical and empirical analysis of the international aspects of development finance, Credit-rationing rules set by bank managers and donor governments, together with uncoordinated macroeconomic policies in the industrialized world, tend to create unstable and inadequate external financing conditions for the developing world. This study not only makes overly clear that a global framework is needed to assess the contribution of ... Read more
Product Details
Format
Hardback
Publication date
1994
Publisher
Palgrave Macmillan
Number of pages
408
Condition
New
Number of Pages
380
Place of Publication
Basingstoke, United Kingdom
ISBN
9780333625064
SKU
V9780333625064
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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