书目名称 | External Finance and Adjustment |
副标题 | Failure and Success |
编辑 | Karel Jansen (Associate Professor),Rob Vos (Senior |
视频video | |
丛书名称 | International Finance and Development |
图书封面 |  |
描述 | 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. |
出版日期 | Book 1997 |
关键词 | development; economic policy; fiscal policy; growth; international finance |
版次 | 1 |
doi | https://doi.org/10.1007/978-1-349-25905-2 |
isbn_softcover | 978-1-349-25907-6 |
isbn_ebook | 978-1-349-25905-2Series ISSN 2946-9252 Series E-ISSN 2946-9260 |
issn_series | 2946-9252 |
copyright | Palgrave Macmillan, a division of Macmillan Publishers Limited 1997 |