Synopsis
Developing countries frequently experience trade shocks and the policy implications of this have been debated for decades.This important book is Volume 2 of a comparative study covering 23 countries, using a common methodology to estimate the effects of shocks. The conventional wisdom has been that private agents, in particular peasant farmers, could not be trusted to use windfalls wisely. This was, and continues to be, the main rationale for stabilising taxation of export crops. The convention was also that windfalls accruing to the public sector were a bane since governments had low savings rates. The evidence in this definitive study supports neither generalisation. Trade shocks typically lead to high savings rates, irrespective of whether they accrue to private producers or to the government. However, the case studies find substantial policy errors so that windfalls are often not translated efficiently into permanent income increases and indeed often lead to a reduction in output. The studies argue for a drastic revision of the case for government action in response to trade shocks.
Volume 1 deals with Africa, Volume 2 with Asia and Latin America.
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Trade Shocks In Developing Countries Volume 2 Asia And Latin America
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Oxford University Press, 1999
ISBN 10: 0198294638
ISBN 13: 9780198294634
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Seller: Eastleach Books, Newbury, BER, United Kingdom
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Condition: New. 1st edition. Cloth, dj, F/F. x+360pp, tables & charts, index, fine copy in a fine dustjacket. New. Detailed economic study of Trade Shocks, [ the bust & boom of market forces acting on commodity prices ]. The book argues that the old ideas that peasant farmers would not wisely use windfalls thus leading to an unstable economy is not true. Volume 2 covers the experiences of 11 countries in Asia & Latin America. 700 grams. Seller Inventory # 22076
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Trade Shocks in Developing Countries: Asia and Latin America (Volume 2)
Published by
Oxford University Press, 1999
ISBN 10: 0198294638
ISBN 13: 9780198294634
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Condition: Good. Volume 2. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. In good all round condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,750grams, ISBN:0198294638. Seller Inventory # 9450742
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Trade Shocks in Developing Countries. Volume 2: Asia and Latin America.
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-Oxford University Press -, 1999
ISBN 10: 0198294638
ISBN 13: 9780198294634
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First edition. ix+360 pages with index. Cloth. Near fine in very good dustjacket. Seller Inventory # 14783
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Trade Shocks in Developing Countries: Volume 2: Asia and Latin America.
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Condition: good. Oxford & New York : Clarendon Press, 1999. Hardcover. Dustjacket. 376 pp.- This second volume of a two-volume work gathers together 23 detailed case studies from Africa, Asia, and Latin America, presenting the background causes, descriptions, results, and implications of all the recent economic upheavals in the developing world. English text. Library stamps. Condition ± very good. Condition : good copy. ISBN 9780198294634. Keywords : , Seller Inventory # 212560
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Trade Shocks in Developing Countries: Volume 2: Asia and Latin America
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OUP Clarendon Press, Oxford, UK, 1999
ISBN 10: 0198294638
ISBN 13: 9780198294634
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Hardback. Condition: Good. Hardback 1999. SPINE HAS DAMAGE AT THE BOTTOM END. Pages are not affected. Clean & tight. No inscriptions. Flat pages. Dispatched ROYAL MAIL FIRST CLASS with TRACKING next working day or sooner securely boxed in cardboard. ref 116. 3. Seller Inventory # 040453
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Trade Shocks in Developing Countries Asia and Latin America Vol 2
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Hardcover. Condition: As New. Dust Jacket Condition: Fine. Slight shelf wear to dw. ; Trade Shocks in Developing Countries; 1.2 x 9.3 x 6.4 Inches. Seller Inventory # 30683
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Trade Shocks in Developing Countries: Volume II: Asia and Latin America (eng)
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Trade Shocks in Developing Countries : Asia and Latin America
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Trade Shocks in Developing Countries : Asia and Latin America
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Trade Shocks in Developing Countries: Volume II: Asia and Latin America (Hardcover)
Published by
Oxford University Press, Oxford, 1999
ISBN 10: 0198294638
ISBN 13: 9780198294634
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Seller: Grand Eagle Retail, Bensenville, IL, U.S.A.
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Hardcover. Condition: new. Hardcover. Developing countries frequently experience trade shocks and the policy implications of this have been debated for decades.This important book is Volume 2 of a comparative study covering 23 countries, using a common methodology to estimate the effects of shocks. The conventional wisdom has been that private agents, in particular peasant farmers, could not be trusted to use windfalls wisely. This was, and continues to be, the main rationale for stabilising taxation of export crops. The convention was also that windfalls accruing to the public sector were a bane since governments had low savings rates. The evidence in this definitive study supports neither generalisation. Trade shocks typically lead to high savings rates, irrespective of whether they accrue to private producers or to the government. However, the case studies find substantial policy errors so that windfalls are often not translated efficiently into permanent income increases and indeed often lead to a reduction in output. The studies argue for a drastic revision of the case for government action in response to trade shocks. Volume 1 deals with Africa, Volume 2 with Asia and Latin America. The second volume of a comparative study of trade shocks covering 23 countries. This volume examines Asia and Latin America, and challenges common generalizations. Trade shocks are shown to lead to high savings rates, though policy errors often mean windfalls lead to a reduction in output. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. Seller Inventory # 9780198294634