Reinvigorating Growth in Developing Countries
Subtitle: Lessons from Adjustments (IMF's Occasional Paper)
Publisher: International Monetary Fund
Published: October 1996
Language: eng
Format: Paperback
Number of pages: 113
ISBN-13: 9781557755599
Subjects: Development economics; Business / Economics / Finance; Business/Economics; Developing countries; Development - Economic Development
First sentence: Following the severe economic shocks-a sharp deterioration in the terms of trade and higher world interest rates-of the late 1970s and early 1980s and the ensuing debt crisis, a large number of developing countries undertook adjustment policies in order to restore growth on a sustainable basis.