Książka External Finance and Adjustment Karel Jansen

External Finance and Adjustment

Failure and Success in the Developing World

Autor: Karel Jansen
Język: Angielski
Oprawa: Twarda
Dostępność: Dostępna u dostawcy w małych ilościach
Wysyłamy za 11-15 dni
732.45
It studies the impact of different sources of external finance on growth and development in differen...

Informacje o książce

Autor
Język
Angielski
Oprawa
Książka - Twarda
Data wydania
1997
strony
475
EAN
9780333693902
ISBN
0333693906
Enbook ID
04597759
Waga
738
Wymiary
140 x 216 x 32

Pełny opis

It 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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