Titlebook: Imports and Growth in Highly Indebted Countries; An Empirical Study Jesko Hentschel Book 1992 Springer-Verlag Berlin · Heidelberg 1992 Debt

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Macroeconomic production functions and elasticities of substitution between imported and domestic f . instead of being assumed on a . grounds. As was pointed out in the previous chapter, little empirical work on this subject has been carried out. Marquez (1984, 1985) specifies a production function similar to the one outlined here, but he treats the non-oil developing countries as an aggregate. B

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Imports, growth, and the trade balance: two case studies,sitions in the eighties. While in some countries the trade balance improvement was accompanied by decreasing GDP growth rates, others were able to maintain pre-crisis growth rates with an accomplished external account amelioration by relocating production towards the sector producing tradable goods.

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Conclusion,clines in the 1980s, when balance of payments difficulties were encountered. As consumer goods had accounted for only a minor position in the total import bill, the potential cushion provided by them was too small to avoid a decline of imported intermediate and capital goods.

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of William Lisle Bowles so as to establish the primacy of sympathetic sentiment in cultivating political values. The collection concludes with the lengthy blank verse poem, ‘Religious Musings’. Despite the significant shift in form and poetic register for this poem, the chapter argues that Coleridge

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Jesko Hentschelrough references to Whig poetry.Establishes the importance oThis book considers Samuel Taylor Coleridge’s engagement with ‘Whig poetry’: a tradition of verse from the eighteenth century which celebrated the political and constitutional arrangements of Britain as guaranteeing liberty. It argues that,