External Finance and Adjustment is popular PDF and ePub book, written by Karel Jansen in 1997-12-13, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, External Finance and Adjustment can be Read Online from any device for your convenience.
External Finance and Adjustment Book PDF Summary
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.
Detail Book of External Finance and Adjustment PDF
- Author : Karel Jansen
- Release : 13 December 1997
- Publisher : Springer
- ISBN : 9781349259052
- Genre : Business & Economics
- Total Page : 501 pages
- Language : English
- PDF File Size : 13,9 Mb
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