Debt and Adjustment in the World Economy

Structural Asymmetries in North-South Interactions

By:

Rob Vos

Format:

Paperback / softback

Series:

International Finance and Development

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Description

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 external financial resources for development, it provides one as well.

Release date NZ

January 1st, 1994

Author

Rob Vos

Audience

Professional & Vocational

Edition

1st ed. 1994

Illustrations

XXVII, 380 p.

Pages

380

Series

International Finance and Development

Dimensions

140x216x23

ISBN-13

9781349236473

Product ID

24559152

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