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Routledge Export Instability and Economic Development - Routledge

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Description

This foundational work, originally published in 1966, examines the relationship between export fluctuations and economic development in developing countries. The book evaluates commodity agreements and compensatory financing as tools for mitigating the effects of export instability on national economies. Through rigorous analysis, the author challenges prevailing assumptions about export earnings volatility, arguing that short-term fluctuations, whilst significant for certain nations, may not represent the widespread problem previously believed. The study emphasises the importance of tailored policy responses grounded in cost-benefit analysis rather than one-size-fits-all solutions. A crucial contribution to development economics literature, this Routledge Library Edition explores how export volatility affects economic growth and proposes evidence-based approaches to managing commodity trade risks.

Key Features

Routledge Library Editions reprint preserves the original 1966 publication, offering access to this influential development economics text.

Examines commodity agreements and compensatory financing mechanisms as practical strategies for reducing export earnings instability.

Challenges conventional wisdom by presenting empirical evidence that export fluctuations impact some economies more significantly than others.

Provides cost-benefit analysis framework for designing targeted policy interventions suited to individual country circumstances.

Addresses international accounting and trade finance issues relevant to developing economies facing commodity price volatility.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
26 November 2010
Listed Since
19 April 2010

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