Foreign Capital In Developing Economies

Perspectives from the Theory of Economic Growth

Gebonden Engels 1999 9780333747032
€ 122,99
Levertijd ongeveer 9 werkdagen
Gratis verzonden

Samenvatting

The object of this volume is to evaluate the pattern and the function of foreign capital in developing countries in a long-run perspective. The main conceptual instruments employed are the theory of economic growth, and the techniques associated with recent advances in growth econometrics. This empirical work points out that there is no mechanical trade-off between the short-term dangers and the long-run gains from capital market integration, but the growth benefits of foreign capital in transforming economies are conditional on an effective destination of the resources. Over-borrowing and excessive consumption are the main pitfalls in the short- as in the long-run. Nevertheless, foreign capital can be conducive to faster growth and possibly higher welfare.

Specificaties

ISBN13:9780333747032
Taal:Engels
Bindwijze:Gebonden
Uitgever:Palgrave Macmillan UK

Lezersrecensies

Wees de eerste die een lezersrecensie schrijft!

Managementboek Top 100

€ 122,99
Levertijd ongeveer 9 werkdagen
Gratis verzonden

Rubrieken

    Personen

      Trefwoorden

        Artikelen

          Foreign Capital In Developing Economies