External Finance and Adjustment
ISBN:
9781349259076
Auflage:
1st ed. 1997
Verlag:
Palgrave Macmillan UK
Land des Verlags:
Vereinigtes Königreich
Erscheinungsdatum:
01.01.1997
Herausgeber:
Reihe:
International Finance and Development
Format:
Softcover
Seitenanzahl:
475
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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.
Schlagwörter
IDW Stellungnahme zur Rechnungslegung: Rechnungslegung von Stiftungen (IDW RS FAB 5)
Erscheinungsjahr:
2024
