£111.83

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

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£113.93 £110.62 £111.34 £112.06 £112.79 £113.51 £114.23 10 April 2026 23 April 2026 07 May 2026 21 May 2026 04 June 2026

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Description

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.

Product Specifications

Format
paperback
Domain
Amazon UK
Release Date
01 January 1997
Listed Since
07 January 2016

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