Economic crisis in developing countries : new perspectives on commodities, trade and finance : essays in honour of Alfred Maizels

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Economic crisis in developing countries : new perspectives on commodities, trade and finance : essays in honour of Alfred Maizels

edited by Machiko Nissanke and Adrian Hewitt

Pinter, c1993

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Includes bibliographical references and index

Description and Table of Contents

Description

An analysis of the impact of the commodity markets and international trade on the fragile economies of less developed countries. The first section of the book looks at current trends and volatility in international trade and finance and the consequences for growth and GNP of less developed countries, against a framework of theory and sound quantitative analysis. Section two puts forward policies for the development of very low income countries through trade, overseas aid, industrialization and technological change. With new contributions from distinguished international scholars, this work forms a topical addition to current debate on international economic development.

Table of Contents

  • Part 1 Commodity prices, terms of trade and economic development: the terms of trade and the foreign debt of developing countries, John Spraos
  • the impact of trends and volatility in terms of trade and on GNP growth, Hans Singer and Jerker Edstrom
  • stabilization-cum-adjustment over the commodity price cycle, Machiko Nissanke
  • commodity market instability and compensatory financing, Adrian Hewitt
  • Part 2 Trade, finance and technology policies for development: trade, trade policy and economic development in very low-income countries, G.K. Helleiner
  • interdependence of technological change with growth of trade and GNP, Chris Freeman
  • financial policies for industrialization and development, Yilmax Akyuz
  • World Bank finance for development in the 1980s, Frances Stewart
  • the evolution of the doctrine and practice of loan conditionality, Dragoslav Avramovic.

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