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Developing country debt and economic performance . Volume 3 Country studies -- Indonesia, Korea, Philippines, Turkey / / editors, Jeffrey D. Sachs, Susan M. Collins



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Titolo: Developing country debt and economic performance . Volume 3 Country studies -- Indonesia, Korea, Philippines, Turkey / / editors, Jeffrey D. Sachs, Susan M. Collins Visualizza cluster
Pubblicazione: Chicago : , : University of Chicago Press, , 1989
Descrizione fisica: 1 online resource (x, 821 pages) : illustrations
Disciplina: 336.3/435/091724
Soggetto topico: Debts, External - Developing countries
International finance
Soggetto geografico: Developing countries Economic conditions Congresses
Soggetto non controllato: debt, finance, financial, wealth, income, money, economy, economics, case study, country, region, indonesia, korea, philippines, turkey, eastern, middle east, international, global, developing, 1980s, academic, scholarly, research, contemporary, modern, 20th century, poverty, crisis, capital, market, default, analysis, latin america, fiscal, savings, investment, exchange
Altri autori: CollinsSusan Margaret  
SachsJeffrey  
Note generali: Papers presented at a conference held in Washington, D.C. on Sept. 21-23, 1987.
Nota di bibliografia: Includes bibliographies and indexes.
Nota di contenuto: Front matter -- Contents -- Preface -- Debt, Policy, and Performance: An Introduction / Collins, Susan M. -- I. Indonesian Economic Policies and Their Relation to External Debt Management / Woo, Wing Thye / Nasution, Anwar -- II. External Debt and Macroeconomic Performance in South Korea / Collins, Susan M. / Park, Won-Am -- III. The Marcos Legacy: Economic Policy and Foreign Debt in the Philippines / Dohner, Robert S. / Intal, Ponciano -- IV. Debt, Adjustment, and Growth: Turkey / Celásun, Merih / Rodrik, Dani -- Biographies -- Contributors -- Name Index -- Subject Index
Sommario/riassunto: For dozens of developing countries, the financial upheavals of the 1980's have set back economic development by a decade or more. Poverty in those countries has intensified as they struggle under the burden of an enormous external debt. In 1988, more than six years after the onset of the crisis, almost all the debtor countries were still unable to borrow in the international capital markets on normal terms. Moreover, the world financial system has been disrupted by the prospect of widespread defaults on those debts. Because of the urgency of the present crisis, and because similar crises have recurred intermittently for at least 175 years, it is important to understand the fundamental features of the international macroeconomy and global financial markets that have contributed to this repeated instability. This project on developing country debt, undertaken by the National Bureau of Economic Research, provides a detailed analysis of the ongoing developing country debt crisis. The project focuses on the middle-income developing countries, particularly those in Latin America and East Asia, although many lessons of the study should apply as well to other, poorer debtor countries. The project analyzes the crisis from two perspectives, that of the international financial system as a whole (volume 1) and that of individual debtor countries (volumes 2 and 3). This third volume contains lengthy and detailed case studies of four very different Asian countries-Turkey, Indonesia, Korea, and the Philippines.
Titolo autorizzato: Developing country debt and economic performance  Visualizza cluster
ISBN: 1-281-22401-4
9786611224011
0-226-73321-1
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910784718603321
Lo trovi qui: Univ. Federico II
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Serie: Project report (National Bureau of Economic Research)