Optimal Borrowing Policies for Developing Countries

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Publisher : International Monetary Fund
ISBN 13 : 1451976151
Total Pages : 44 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Optimal Borrowing Policies for Developing Countries by : International Monetary Fund

Download or read book Optimal Borrowing Policies for Developing Countries written by International Monetary Fund and published by International Monetary Fund. This book was released on 1987-06-10 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a theoretical framework for analyzing external debt policies of developing countries and applies it to assess the cases of three Asian countries, namely Korea, the Philippines, and Thailand. The “optimal debt policy” for a developing country is characterized in the first part of the paper. In the second, the experiences of these three countries during the period 1965–83 are compared with this theoretical benchmark. The empirical results show that, during this period, Korea was quite successful in managing its external debt, while the Philippines was less successful. The case of Thailand, in many respects, fell in between the other two, although closer to that of Korea.

Optimal Borrowing Policies for Developing Countries

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Publisher :
ISBN 13 :
Total Pages : 40 pages
Book Rating : 4.:/5 (77 download)

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Book Synopsis Optimal Borrowing Policies for Developing Countries by : International Monetary Fund. Asian Department

Download or read book Optimal Borrowing Policies for Developing Countries written by International Monetary Fund. Asian Department and published by . This book was released on 1987 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Optimal Borrowing Policies for Developing Countries: the Case of Korea, the Philippines and Thailand 1965-83

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (11 download)

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Book Synopsis Optimal Borrowing Policies for Developing Countries: the Case of Korea, the Philippines and Thailand 1965-83 by : A. Alesina

Download or read book Optimal Borrowing Policies for Developing Countries: the Case of Korea, the Philippines and Thailand 1965-83 written by A. Alesina and published by . This book was released on 1987 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

OPTIMAL BORROWING POLICIES FOR DEVELOPING COUNTRIES: THE CASES OF KOREA, THE PHILIPPINES, AND THAILAND, 1965 - 1983

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (119 download)

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Book Synopsis OPTIMAL BORROWING POLICIES FOR DEVELOPING COUNTRIES: THE CASES OF KOREA, THE PHILIPPINES, AND THAILAND, 1965 - 1983 by : Alberto Francesco ALESINA

Download or read book OPTIMAL BORROWING POLICIES FOR DEVELOPING COUNTRIES: THE CASES OF KOREA, THE PHILIPPINES, AND THAILAND, 1965 - 1983 written by Alberto Francesco ALESINA and published by . This book was released on 1987 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

World Economic and Financial Surveys

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Publisher : International Monetary Fund
ISBN 13 : 1451943725
Total Pages : 140 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis World Economic and Financial Surveys by : International Monetary Fund

Download or read book World Economic and Financial Surveys written by International Monetary Fund and published by International Monetary Fund. This book was released on 1989-01-01 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper describes the functioning of labor markets and to eliminate other structural obstacles to noninflationary growth. The decline in the price level in the home country will involve a rise in the real money supply and, if output is sluggish, this will result in an excess supply of money. This, in turn, will lead to a drop in the domestic interest rate and, given foreign interest rates, to a temporary depreciation of the exchange rate. Structural measures could also affect investment and the current account by raising the rate of return on capital in the home country. If capital is internationally mobile, a higher rate of return on capital would result in a rise in investment and a temporary deterioration in the home country’s current account, which will be financed by an inflow of foreign capital. The quantitative impact of financial market deregulation on the economy is rather uncertain.

IMF Working Papers and Papers on Policy Analysis and Assessment

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Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis IMF Working Papers and Papers on Policy Analysis and Assessment by :

Download or read book IMF Working Papers and Papers on Policy Analysis and Assessment written by and published by . This book was released on 1986-10 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

World Development Report, 1985

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Publisher : World Bank Publications
ISBN 13 : 0195204824
Total Pages : 259 pages
Book Rating : 4.1/5 (952 download)

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Book Synopsis World Development Report, 1985 by :

Download or read book World Development Report, 1985 written by and published by World Bank Publications. This book was released on 1985 with total page 259 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report focuses on the contribution that international capital makes to economic development. While the report pays close attention to the events of the recent past, it also places the use of foreign capital in a broader and longer-term perspective. Using such a perspective, the report shows how countries at different stages of development have used external finance productively; how the institutional and policy environment affects the volume and composition of financial flows to developing countries; and how the international community has dealt with financial crises. This report concludes that the developing countries will have a continuing need for external finance. It demonstrates that many of the policies required to attract external finance and promote economic growth are either being implemented or planned already.

Staff Studies for The World Economic Outlook

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Publisher :
ISBN 13 :
Total Pages : 140 pages
Book Rating : 4.3/5 (97 download)

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Book Synopsis Staff Studies for The World Economic Outlook by :

Download or read book Staff Studies for The World Economic Outlook written by and published by . This book was released on 1989 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The East Asian Miracle

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Publisher :
ISBN 13 :
Total Pages : 389 pages
Book Rating : 4.:/5 (847 download)

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Book Synopsis The East Asian Miracle by :

Download or read book The East Asian Miracle written by and published by . This book was released on 1993 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Global Waves of Debt

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Publisher : World Bank Publications
ISBN 13 : 1464815453
Total Pages : 403 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Waves of Debt by : M. Ayhan Kose

Download or read book Global Waves of Debt written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-03 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

The Growth Report

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Publisher : World Bank Publications
ISBN 13 : 0821374923
Total Pages : 198 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis The Growth Report by : Commission on Growth and Development

Download or read book The Growth Report written by Commission on Growth and Development and published by World Bank Publications. This book was released on 2008-07-23 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: The result of two years work by 19 experienced policymakers and two Nobel prize-winning economists, 'The Growth Report' is the most complete analysis to date of the ingredients which, if used in the right country-specific recipe, can deliver growth and help lift populations out of poverty.

Growth Theories in Light of the East Asian Experience

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Publisher : University of Chicago Press
ISBN 13 : 0226386988
Total Pages : 324 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Growth Theories in Light of the East Asian Experience by : Takatoshi Ito

Download or read book Growth Theories in Light of the East Asian Experience written by Takatoshi Ito and published by University of Chicago Press. This book was released on 2007-12-01 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: The contributors to this volume analyze the growth experiences of Japan, Korea, China, Hong Kong, Singapore, and Taiwan in light of the recently developed endogenous growth theory to provide an understanding of the economic boom in East Asia. The theory explored in this volume attributes the phenomenal economic success of these countries to, among other factors, the role of an outward orientation—a focus on exporting rather than on protecting home markets. In addition, the importance of exchange rate behavior, of the supportive role of government policy, and of the accumulation and promotion of physical and human capital are explored in detail. This collection also examines the extent to which growth in each country became self-sustaining once it began. Demonstrating the relevance of endogenous growth theory for studying this important region, this fourth volume in the NBER-East Asia Seminar on Economics series will be of interest to observers of East Asian affairs.

Assessing Aid

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Publisher : World Bank Publications
ISBN 13 : 9780195211238
Total Pages : 164 pages
Book Rating : 4.2/5 (112 download)

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Book Synopsis Assessing Aid by :

Download or read book Assessing Aid written by and published by World Bank Publications. This book was released on 1998 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assessing Aid determines that the effectiveness of aid is not decided by the amount received but rather the institutional and policy environment into which it is accepted. It examines how development assistance can be more effective at reducing global poverty and gives five mainrecommendations for making aid more effective: targeting financial aid to poor countries with good policies and strong economic management; providing policy-based aid to demonstrated reformers; using simpler instruments to transfer resources to countries with sound management; focusing projects oncreating and transmitting knowledge and capacity; and rethinking the internal incentives of aid agencies.

Korea

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Publisher : World Bank Publications
ISBN 13 : 9780821326091
Total Pages : 60 pages
Book Rating : 4.3/5 (26 download)

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Book Synopsis Korea by : Kihwan Kim

Download or read book Korea written by Kihwan Kim and published by World Bank Publications. This book was released on 1993-01-01 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: The two case studies in this paper suggest that poor and low-income people strongly prefer private, fee-based health care to free public health-care services. The studies use household data from Santo Domingo, Dominican Republic and San Salvador, El Salvador. These data show how the demand for health care is shaped by price, convenience, quality of care, and the consumer's level of education. Important findings from household data compare the degree to which private care providers, public sector providers, and social security facilities are used. Also reviewed is the degree to which ineligible consumers exploit social security services. Policy recommendations for government officials discuss ways to deliver better health care to various economic groups.

World Development Report 2009

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Publisher : World Bank Publications
ISBN 13 : 082137608X
Total Pages : 410 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis World Development Report 2009 by : World Bank

Download or read book World Development Report 2009 written by World Bank and published by World Bank Publications. This book was released on 2008-11-04 with total page 410 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rising densities of human settlements, migration and transport to reduce distances to market, and specialization and trade facilitated by fewer international divisions are central to economic development. The transformations along these three dimensions density, distance, and division are most noticeable in North America, Western Europe, and Japan, but countries in Asia and Eastern Europe are changing in ways similar in scope and speed. 'World Development Report 2009: Reshaping Economic Geography' concludes that these spatial transformations are essential, and should be encouraged. The conclusion is not without controversy. Slum-dwellers now number a billion, but the rush to cities continues. Globalization is believed to benefit many, but not the billion people living in lagging areas of developing nations. High poverty and mortality persist among the world's 'bottom billion', while others grow wealthier and live longer lives. Concern for these three billion often comes with the prescription that growth must be made spatially balanced. The WDR has a different message: economic growth is seldom balanced, and efforts to spread it out prematurely will jeopardize progress. The Report: documents how production becomes more concentrated spatially as economies grow. proposes economic integration as the principle for promoting successful spatial transformations. revisits the debates on urbanization, territorial development, and regional integration and shows how today's developers can reshape economic geography.

Our Common Future

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Publisher :
ISBN 13 : 9780195531916
Total Pages : 400 pages
Book Rating : 4.5/5 (319 download)

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Book Synopsis Our Common Future by :

Download or read book Our Common Future written by and published by . This book was released on 1990 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The IMF and the Silent Revolution

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Publisher : International Monetary Fund
ISBN 13 : 9781557759702
Total Pages : 68 pages
Book Rating : 4.7/5 (597 download)

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Book Synopsis The IMF and the Silent Revolution by : Mr.James M. Boughton

Download or read book The IMF and the Silent Revolution written by Mr.James M. Boughton and published by International Monetary Fund. This book was released on 2000-09-11 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: This pamphlet is adapted from Chapter 1 of Silent Revolution: The International Monetary Fund, 1979-89, by the same author. That book is full of history of the evolution of the Fund during 11 years in which the institution truly came of age as a participant in the international financial system.