How Long to Read Courting Turmoil and Deferring Prosperity

How Long Does it Take to Read Courting Turmoil and Deferring Prosperity?

It takes the average reader 3 hours and 13 minutes to read Courting Turmoil and Deferring Prosperity by Jorge Garc©?a Garc©?a

Assuming a reading speed of 250 words per minute. Learn more

Description

This volume is part of a recently completed research project at the World Bank that reviewed the macroeconomic experience of 18 developing countries from the mid-1960s. The period encompassed two oil shocks, two world recessions, a sharp rise in world interest rates, the debt crisis, and changes in exchange rate regimes. In this context, Colombia provides an almost unparalleled example of steady long-term economic growth despite external shocks, political crises, civil strife, reliance on a single, dominant commodity (coffee), and the rising importance of illicit drugs in the economy. 'Courting Turmoil and Deferring Prosperity' looks at how Colombia managed to avoid major prolonged economic crises against all odds. Its economy has confronted several external and internal shocks from the mid-1960s, mainly due to the country's reliance on exports of coffee, the price volatility of which can greatly affect the economy. The period also witnessed major policy changes, including a long-term shift from an essentially inward-oriented development strategy, based on industrialization through import substitution, to an outward-oriented, export-led strategy. The authors' analysis differs from most existing literature on the Colombian economy in two important ways: it evaluates policy responses to shocks in terms of their success in achieving short-run stabilization, as well as their impact on long-run growth; and it explores the intimate links between economic policies and the specific political and social ideologies, institutions, and structures in Colombia that have historically conditioned government policymaking. The report also highlights the role of prudent macroeconomic policies for crisis avoidance and analyzes the links between fiscal policy, trade policy, and exchange rates.

How long is Courting Turmoil and Deferring Prosperity?

Courting Turmoil and Deferring Prosperity by Jorge Garc©?a Garc©?a is 192 pages long, and a total of 48,384 words.

This makes it 65% the length of the average book. It also has 59% more words than the average book.

How Long Does it Take to Read Courting Turmoil and Deferring Prosperity Aloud?

The average oral reading speed is 183 words per minute. This means it takes 4 hours and 24 minutes to read Courting Turmoil and Deferring Prosperity aloud.

What Reading Level is Courting Turmoil and Deferring Prosperity?

Courting Turmoil and Deferring Prosperity is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

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