External Capital Flows and Welfare in Developing Countries

Name: External Capital Flows and Welfare in Developing Countries
Brand: VDM Verlag
SKU: 9783639149791
Price: 1407 CZK
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Autor: Anubha Dhasmana

Jazyk:

Vazba: Brožovaná

Vydavatel: VDM Verlag

Dostupnost: U nakladatele na objednávku

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This book studies the welfare effects of external§capital flows in small open developing countries w...

Informace o knize

Autor

Anubha Dhasmana

Jazyk

Angličtina

Vazba

Kniha - Brožovaná

Vydáno

2009

Stránek

156

EAN

9783639149791

ISBN

3639149793

Enbook ID

06823525

Vydavatel

VDM Verlag

Hmotnost

236

Rozměry

152 x 229 x 9

Kompletní 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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External Capital Flows and Welfare in Developing Countries

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