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Private Foreign Investment and Welfare in LDCsment as a result of the inability to repay their debt. Although the debt problem in these continents are different in both size and nature, the long-run solution to LDC indebtedness can only lie in increased and accelerated development. This is not to deny the important potential role of relief in i

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Fortschreitende Wellen und Strahlungon to foster economic growth, virtually all developing countries suffer from the scarcity of capital. Hence, two approaches are recommended: ‘self-reliance’ and alternatively ‘importing capital’. The choice, however, depends upon a variety of factors such as socio-political conditions, lenders’ will

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Fortschreitende Wellen und Strahlunge not been fulfilled. Nor has anything in fact happened as to the predictions that the debt crisis would be solved by a self-correcting market mechanism. In fact, the external debt of developing countries has provoked grave dislocations in the world economy. Many developing countries are simply excl

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MPEG AI-Based 3D Graphics Coding Standard,cy. The price control policy which is called the Cruzado Plan generated an increase in effective demand. Although it expands GNP in the short run, it increases not only imports but also the supply of goods to the domestic market rather than in the international one. Then, the trade account deteriora

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https://doi.org/10.1007/978-1-4684-0904-8ce-of-payment deficit. Thus economic policy must concentrate on the restoration of equilibrium of supply and demand. Excess demand can be eliminated in different ways. The time required to restore equilibrium and its survival depend on the precise mode of the adjustment. Three basic types of adjustm

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Bases in Terms of Spherical Harmonics,hange rates, persistent sizeable imbalance in foreign trade, increased restrictions on imports of the developing countries in the industrialised economies. Frequent trade disputes with a long shadow of tension between heavily indebted countries and their major creditors have become the challenge tha

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https://doi.org/10.1007/978-1-4613-1067-9rs, is very unsettling. This is so because the international financial regime, in spite of the renegotiations remains fragile for variety of reasons. Firstly, because of the uncertain world economic perspective resulting from the low rates of growth forecast for most national economies; secondly, be

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