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This book explores the principle issues surrounding the effective
participation of the developing countries in the new, more
interdependent global economy. It is up-to-date and offers a fresh
and critical assessment of traditional approaches in the sphere of
international financial and trading policies. Particular emphasis
is placed upon what is not known and requires further research.
Among the major issues addressed are the impact of the global
exchange rate system on developing countries, the efficacy of
growth-oriented structural adjustment lending, the future role of
foreign direct investment, the relevance of the 'new' trade
theories to the developing countries, primary commodity market
problems, poverty alleviation in adjustment programmes and the role
of information systems.
This book considers the principal sources of agreement and
disagreement among policymakers and analysts concerning the current
economic problems of Sub-Saharan Africa. A distinguished collection
of international and African authors, including economists from the
IMF and the World Bank, as well as their critics, addresses the key
policy issues in agriculture, trade, macroeconomic management,
social issues, privatization, external capital flow, and political
economy. An introductory interpretive essay searches for areas of
consensus and identifies those of continuing controversy.
This book considers the principal sources of agreement and
disagreement among policymakers and analysts concerning the current
economic problems of Sub-Saharan Africa. A distinguished collection
of international and African authors, including economists from the
IMF and the World Bank, as well as their critics, addresses the key
policy issues in agriculture, trade, macroeconomic management,
social issues, privatization, external capital flow, and political
economy. An introductory interpretive essay searches for areas of
consensus and identifies those of continuing controversy.
An authoritative assessment of the debate over the role of volatile
private capital flows and their impact on developing countries. The
book outlines the long history of concern about these issues, going
back to preparations for the Bretton Woods agreement. It assesses
their acceleration with the growth of international capital and
looks at key case studies from Latin America, Asia and Africa to
assess the possibilities and problems for national and
international policy responses.
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