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International Financial and Goods Markets in 1982–3 and Beyond

C. F. Diaz-Alejandro
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C. F. Diaz-Alejandro: Columbia University

Chapter 28 in Structural Change, Economic Interdependence and World Development, 1987, pp 429-443 from Palgrave Macmillan

Abstract: Abstract This chapter will first attempt a diagnosis of the near-panic and quasi-crash of 1982. Then it will suggest international actions to avoid similar scares in the future, without sacrificing desirable features of some 1970s international financial and commodity markets, such as substantial competitiveness and a low degree of politisation. The important topic of what individual LDCs can do (and they can do much) to weather crises and external shocks is ignored in this essay.

Keywords: Direct Foreign Investment; Good Market; External Debt; Export Earning; Loan Contract (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-1-349-09117-1_28

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DOI: 10.1007/978-1-349-09117-1_28

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