Foreign Capital In Developing Economies
eBook - PDF

Foreign Capital In Developing Economies

Perspectives from the Theory of Economic Growth

  1. English
  2. PDF
  3. Available on iOS & Android
eBook - PDF

Foreign Capital In Developing Economies

Perspectives from the Theory of Economic Growth

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About This Book

The object of this volume is to evaluate the pattern and the function of foreign capital in developing countries in a long-run perspective. The main conceptual instruments employed are the theory of economic growth, and the techniques associated with recent advances in growth econometrics. This empirical work points out that there is no mechanical trade-off between the short-term dangers and the long-run gains from capital market integration, but the growth benefits of foreign capital in transforming economies are conditional on an effective destination of the resources. Over-borrowing and excessive consumption are the main pitfalls in the short- as in the long-run. Nevertheless, foreign capital can be conducive to faster growth and possibly higher welfare.

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Yes, you can access Foreign Capital In Developing Economies by Stefano Manzocchi in PDF and/or ePUB format, as well as other popular books in Economics & Development Economics. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Palgrave Macmillan
Year
2016
ISBN
9781349276202
Topic
Economics
Subtopic
Development Economics
Index
Economics

Table of contents