The Mix between Adjustment and Financing

Graham Bird

Chapter 2 in Managing Global Money, 1988, pp 7-17 from Palgrave Macmillan

Abstract: Abstract The objective of this paper is to identify the factors which explain why developing countries may respond to a balance of payments deficit in a way which is different from the way in which developed countries might respond to the same deficit.

Keywords: Marginal Rate; Current Expenditure; Indifference Curve; Monetary Authority; International Reserve (search for similar items in EconPapers)
Date: 1988
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-09588-9_2

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DOI: 10.1007/978-1-349-09588-9_2

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