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Author : Cao Van Ho
Publisher :
ISBN 13 :
Total Pages : 187 pages
Book Rating : 4.:/5 (255 download)
Download or read book Development financing and the savings and foreign exchange constraints written by Cao Van Ho and published by . This book was released on 1973 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Albert D. K. Agbonyitor
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 23 pages
Book Rating : 4./5 ( download)
Download or read book Development Expenditures and the Local Financing Constraint written by Albert D. K. Agbonyitor and published by World Bank Publications. This book was released on 1998 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: April 1998 The inadequacy of local funds is a major financing problem in most low-income economies. It is undercutting the absorption of aid and the sustainability of development projects. Focusing on the local financing constraint sheds new light on issues of aid, fiscal reform, and the management of public spending. The fungibility of aid need not translate into resource flows to fill the local financing gap. Indeed, project aid can widen the local financing gap. To augment direct local financing of development, aid must be nonproject aid that can generate local currency. In the longer term, project aid's effect on local financing lies in its impact on growth and on expanding the base for tax revenues, seigniorage, and borrowing. When inadequate local financing limits project implementation and effective use of aid, local currency funds are more valuable than project aid, at the margin-and it becomes important to reallocate local funds, to leverage project aid, and to raise the quality of investment projects. A persistent gap in local financing complicates programs of fiscal reform. For such programs to be effective, the local financing gap has to be confronted directly by matching planned local fund expenditures against expected local fund receipts. This requires a transparent database to develop indicators and to monitor the allocation and use of local resources. This paper-a product of the Macroeconomics Division II, Eastern Africa Department-is part of a larger effort in the department to understand the effectiveness of development expenditures.
Author : James Riedel
Publisher : Trade Policy Research Centre London
ISBN 13 :
Total Pages : 132 pages
Book Rating : 4.F/5 ( download)
Download or read book Myths and Reality of External Constraints on Development written by James Riedel and published by Trade Policy Research Centre London. This book was released on 1987 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Hans Eysenck
Publisher : Routledge
ISBN 13 : 1351304518
Total Pages : 319 pages
Book Rating : 4.3/5 (513 download)
Download or read book The Economics of Foreign Aid written by Hans Eysenck and published by Routledge. This book was released on 2017-07-28 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together for the first time in a single volume a complete survey of the theoretical foundations of economic aid policies and a critical analysis of aid programs and practices. The book focuses on the contributions of familiar economic growth models and other economic and social theories of development to foreign aid practices, and provides a broad and penetrating overview of the economics of foreign aid. At the macroanalytical level, the author investigates the savings constraint and the foreign exchange constraint approaches and the models employed for determining the quantity of external capital required for achieving growth goals under varying economic conditions in the recipient economies. The author examines other approaches to aid requirements (including the capital absorptive approach), analyzes debt service capacity, and reviews various debt cycle models. The nature and significance of indicators of economic performance are investigated, and both theoretical and practical policy issues relating to the employment of aid as a means of influencing domestic policies are analyzed. In his final chapter, the author applies his theoretical conclusions to the formulation of an integrated approach to foreign aid, encompassing the major foreign assistance problems faced today. A clear and comprehensive text for every student of development economics, as well as the most thorough reference of its kind for professional economists, the book, a volume in the Aldine Treatises in Modem Economics series, will be useful to all who are concerned with the analysis, development, and execution of aid programs.
Author : Ronald I. McKinnon
Publisher : Brookings Institution Press
ISBN 13 : 9780815718499
Total Pages : 204 pages
Book Rating : 4.7/5 (184 download)
Download or read book Money and Capital in Economic Development written by Ronald I. McKinnon and published by Brookings Institution Press. This book was released on 2010-12-01 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: This books presents a theory of economic development very different from the "stages of growth" hypothesis or strategies emphasizing foreign aid, trade, or regional association. Leaving these aside, the author breaks new ground by focusing on the use of domestic capital markets to stimulate economic performance. He suggests a "bootstrap" approach in which successful development would depend largely on policy choices made by national authorities in the developing countries themselves. Central to his theory is the freeing of domestic financial markets to allow interest rates to reflect the true scarcity of capital in a developing economy. His analysis leads to a critique of prevailing monetary theory and to a new view of the relation between money and physical capital—a view with policy implications for governments striving to overcome the vicious circle of inflation and stagnation. Examining the performance of South Korea, Taiwan, Brazil, and other countries, the author suggests that their success or failure has depended primarily on steps taken in the monetary sector. He concludes that monetary reform should take precedence over other development measures, such as tariff and tax reform or the encouragement of foreign capital investment. In addition to challenging much of the conventional wisdom of development, the author's revision of accepted monetary theory may be relevant for mature economies that face monetary problems.
Author : Clive S. Gray
Publisher : Greenwood
ISBN 13 :
Total Pages : 350 pages
Book Rating : 4.:/5 (43 download)
Download or read book Resource Flows to Less-developed Countries written by Clive S. Gray and published by Greenwood. This book was released on 1969 with total page 350 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : John Edwards
Publisher : Routledge
ISBN 13 : 0429713401
Total Pages : 217 pages
Book Rating : 4.4/5 (297 download)
Download or read book Finance And Third World Economic Growth written by John Edwards and published by Routledge. This book was released on 2019-04-24 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt: "I would like to thank the business and education leaders who served on the CED Subcommittee on Finance and Third World Economic Growth for their diligent work and practical contributions. In particular I would like to thank Subcommittee Chairman James W. McKee, chairman of the executive committee of CPC International Inc., whose leadership, insight, and interest in these issues guided the subcommittee through to publication of the policy statement. I would also like to acknowledge the outstanding work of Professor Isaiah Frank of the School of Advanced International Studies at Johns Hopkins University, who served as project director. His knowledge in this field and expertise in drafting the statement clarified many complex issues. Thanks also go to Research Assistant Patricia Pollard of Johns Hopkins University, who was of valuable assistance to Dr. Frank in compiling the necessary research. William "
Author : Mr.Klaus-Stefan Enders
Publisher : International Monetary Fund
ISBN 13 : 1451866216
Total Pages : 36 pages
Book Rating : 4.4/5 (518 download)
Download or read book Egypt—Searching for Binding Constraints on Growth written by Mr.Klaus-Stefan Enders and published by International Monetary Fund. This book was released on 2007-03-01 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since 2004 Egypt's growth has been accelerating in step with the launching of a series of ambitious reforms, reversing a trend during the preceding half-decade when Egypt's growth rate fell below that of most regional peers and well below that of the average developing country. This paper seeks to identify factors that held back Egypt's growth in the recent past, and explores whether recent reforms have removed the most binding constraints to allow at least a temporary growth spurt. Overall, the Egyptian reforms launched in 2004 appear to have focused well on the most critical constraints-reducing red tape and tax rates, and improving access to foreign exchange-thereby getting a strong growth response out of a limited set of reforms. However, inefficient bureaucracy remains an important obstacle to higher growth and reforms in this area should continue to have high payoffs. Ongoing reforms are also addressing constraints that are likely to become binding soon (or have become so already), such as inefficient financial intermediation and high public debt. Improvements in education may rapidly become a critical factor for sustaining higher growth.
Author : Committee for Economic Development. Research and Policy Committee
Publisher : Westview Press
ISBN 13 :
Total Pages : 222 pages
Book Rating : 4.3/5 (91 download)
Download or read book Finance And Third World Economic Growth written by Committee for Economic Development. Research and Policy Committee and published by Westview Press. This book was released on 1988-12-18 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: And major recommendations -- Domestic capital and internal policies in the Third World -- External finance and policies -- Official finance -- Foreign private investment -- Commercial lending.
Author : Raymond Frech Mikesell
Publisher : Princton, N.J. : International Finance Section, Department of Economics, Princeton University
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.4/5 (91 download)
Download or read book Public Foreign Capital for Private Enterprise in Developing Countries written by Raymond Frech Mikesell and published by Princton, N.J. : International Finance Section, Department of Economics, Princeton University. This book was released on 1966 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Fernando A. Crespo Pozo
Publisher :
ISBN 13 :
Total Pages : 90 pages
Book Rating : 4.:/5 (241 download)
Download or read book Domestic Savings, Foreign Exchange Constraint and the Real Exchange Rate written by Fernando A. Crespo Pozo and published by . This book was released on 1991 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Hilary Devine
Publisher : International Monetary Fund
ISBN 13 : 1513571567
Total Pages : 161 pages
Book Rating : 4.5/5 (135 download)
Download or read book Private Finance for Development written by Hilary Devine and published by International Monetary Fund. This book was released on 2021-05-14 with total page 161 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Covid-19 pandemic has aggravated the tension between large development needs in infrastructure and scarce public resources. To alleviate this tension and promote a strong and job-rich recovery from the crisis, Africa needs to mobilize more financing from and to the private sector.
Author : Fry
Publisher : BRILL
ISBN 13 : 9004491112
Total Pages : 347 pages
Book Rating : 4.0/5 (44 download)
Download or read book The Afghan Economy written by Fry and published by BRILL. This book was released on 2022-05-09 with total page 347 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : Dilip K. Das
Publisher : Palgrave Macmillan
ISBN 13 :
Total Pages : 296 pages
Book Rating : 4.:/5 (43 download)
Download or read book Migration of Financial Resources to Developing Countries written by Dilip K. Das and published by Palgrave Macmillan. This book was released on 1986-07-21 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Author : John Michael Healey
Publisher : Routledge & Kegan Paul Books
ISBN 13 :
Total Pages : 132 pages
Book Rating : 4.3/5 (91 download)
Download or read book The Economics of Aid written by John Michael Healey and published by Routledge & Kegan Paul Books. This book was released on 1971 with total page 132 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study of the economic theory underlying the allocation of economic aid to developing countries and the role of developed countries therein - examines the impact of aid on the economic growth and trade of recipient countries and the effect of 'source tying' (the procurement of goods in the donor country) and of the terms of aid in respect of one particular project in the recipient country. Bibliography pp. 105 to 107, references and statistical tables.
Author : Juan Pablo Bohoslavsky
Publisher : Cambridge University Press
ISBN 13 : 1316510441
Total Pages : 309 pages
Book Rating : 4.3/5 (165 download)
Download or read book Sovereign Debt Crises written by Juan Pablo Bohoslavsky and published by Cambridge University Press. This book was released on 2017-11-02 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contributes to a better understanding of the policy, economic, and legal options of countries struggling with debt problems.
Author : Hans Eysenck
Publisher : Routledge
ISBN 13 : 9781138535367
Total Pages : 300 pages
Book Rating : 4.5/5 (353 download)
Download or read book The Economics of Foreign Aid written by Hans Eysenck and published by Routledge. This book was released on 2017-09-25 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together for the first time in a single volume a complete survey of the theoretical foundations of economic aid policies and a critical analysis of aid programs and practices. The book focuses on the contributions of familiar economic growth models and other economic and social theories of development to foreign aid practices, and provides a broad and penetrating overview of the economics of foreign aid. At the macroanalytical level, the author investigates the savings constraint and the foreign exchange constraint approaches and the models employed for determining the quantity of external capital required for achieving growth goals under varying economic conditions in the recipient economies. The author examines other approaches to aid requirements (including the capital absorptive approach), analyzes debt service capacity, and reviews various debt cycle models. The nature and significance of indicators of economic performance are investigated, and both theoretical and practical policy issues relating to the employment of aid as a means of influencing domestic policies are analyzed. In his final chapter, the author applies his theoretical conclusions to the formulation of an integrated approach to foreign aid, encompassing the major foreign assistance problems faced today. A clear and comprehensive text for every student of development economics, as well as the most thorough reference of its kind for professional economists, the book, a volume in the Aldine Treatises in Modem Economics series, will be useful to all who are concerned with the analysis, development, and execution of aid programs.
