Adjustment to External Shocks in Developing Countries

Béla Balassa
Additional contact information
Béla Balassa: Johns Hopkins University

Chapter 16 in The Economics of Relative Prices, 1984, pp 352-390 from Palgrave Macmillan

Abstract: Abstract Drawing in large part on the results of two earlier studies (Balassa et al, 1981; 1982), this paper will analyse adjustments to external shocks in 28 developing economies that cover a broad range in terms of the level of development, the character of external shocks, and the policies applied. The investigation does not, however, include the poorest countries of Africa and Asia, where overall development problems predominate.

Keywords: External Shock; Import Substitution; Export Promotion; Internal Shock; Foreign Borrowing (search for similar items in EconPapers)
Date: 1984
References: Add references at CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-06265-2_16

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349062652

DOI: 10.1007/978-1-349-06265-2_16

Access Statistics for this chapter

More chapters in International Economic Association Series from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().