Kniha External Capital Flows and Welfare in Developing Countries Anubha Dhasmana

External Capital Flows and Welfare in Developing Countries

Jazyk: Angličtina
Väzba: Brožovaná
Vydavateľ: VDM Verlag
Dostupnosť: U vydavateľa na objednávku
Odosielame za 17-27 dní
58.18
This book studies the welfare effects of external§capital flows in small open developing countries w...

Informácie o knihe

Jazyk
Angličtina
Väzba
Kniha - Brožovaná
Vydalo
2009
Stránok
156
EAN
9783639149791
ISBN
3639149793
Enbook ID
06823525
Vydavateľ
Hmotnosť
236
Rozmery
152 x 229 x 9

Kompletný popis

This book studies the welfare effects of external§capital flows in small open developing countries with§special emphasis on primary commodity export dependent§countries. Welfare cost of macroeconomic volatility§in the developing countries is several times larger§than that in the developed countries. Further, most§of this macroeconomic volatility is a result of§exogenous shocks such as terms of trade or world§price changes. External capital flows (coming largely§from official creditors in the case of developing§countries)have§the potential to reduce these fluctuations. Focusing§in particular on aid flows and external debt, I find§that indexing these flows to external shocks can§significantly improve the welfare outcome in§developing countries.

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