Growth Debt and Sovereign Risk in a Small Open Economy is popular PDF and ePub book, written by Jagdeep S. Bhandari in 1989, it is a fantastic choice for those who relish reading online the Debt relief genre. Let's immerse ourselves in this engaging Debt relief book by exploring the summary and details provided below. Remember, Growth Debt and Sovereign Risk in a Small Open Economy can be Read Online from any device for your convenience.
Growth Debt and Sovereign Risk in a Small Open Economy Book PDF Summary
This paper develops a macroeconomic model for a small, open, developing economy that borrows abroad - to study the dynamic interaction between debt and growth and the impacts of various policies and exogenous shocks on the rate of capital accumulation, the current account, and debt. Adjustment policies that increase productivity and efficient use of capital increase both growth and the stock of external debt - but the new level of debt may be sustainable in the long run.
Detail Book of Growth Debt and Sovereign Risk in a Small Open Economy PDF
- Author : Jagdeep S. Bhandari
- Release : 21 September 1989
- Publisher : World Bank Publications
- ISBN : 978186723xxxx
- Genre : Debt relief
- Total Page : 51 pages
- Language : English
- PDF File Size : 20,7 Mb
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