Export Instability and Economic Development (Routledge Library Editions: Development) - Softcover

Softcover

ISBN 10: 0415848598 ISBN 13: 9780415848596

Publisher: Routledge, 2013

Synopsis

When this work was first published in 1966, there was much interest in various types of commodity agreements and compensatory financing as methods of reducing the effects of export fluctuations on the economies of developing countries. The book concluded that short term fluctuations in export earnings, though perhaps important for some countries, did not appear to be the general problem that had been assumed. If correct, it would suggest that any measures should be carefully designed to fit the situations of countries that were affected and be subjected to cost-benefit analysis. This led to many published and unpublished studies on the issues: some supported, others contradicted the book’s conclusions. The data available now are vastly greater and probably more accurate than pre-1966. However, the work and the issues it raised remain important because most schemes proposed to reduce export instability would be costly and likely to divert resources from uses more obviously aimed at raising economic development in most developing countries.

About this title

About the Author

Alasdair Macbean

Edition details

• Publisher: Routledge
• Publication date: 2013
• Language: English
• ISBN 10: 0415848598
• ISBN 13: 9780415848596
• Binding: Paperback
• Edition number: 1
• Number of pages: 368
• Editor: Macbean Alasdair