It takes the average reader 3 hours and 50 minutes to read Economic Stabilization and Debt in Developing Countries by Richard N. Cooper
Assuming a reading speed of 250 words per minute. Learn more
Drawing on preliminary results from a massive study conducted by the World Bank to probe the links between stabilization and growth, Cooper examines the experience of developing countries faced by the oil shocks of the 1970s and the debt crisis of the 1980s. He points out that a global slowdown in growth has shifted the main economic concern in developing countries from long-term growth to stabilization and adjustment. Cooper takes into account the cross-country variables that influence the degree to which a country is affected negatively or positively by external shocks and covers such topics as political organization and external debt resolution. The first chapter focuses on countries that experienced adverse shocks from the sharp increase in oil prices beginning in 1974. It also addresses countries that should have benefited from the oil price increase, and from a comparable increase in coffee prices, for which events turned out to be less favorable than they seemed. The second chapter analyzes the "disabsorption" a country faces when it can no longer rely on foreign lending or advantageous terms of trade; it also looks at inflationary pressures and at the role of the International Monetary Fund in designing stabilization programs for its member countries. The third chapter discusses the main influences on a country's economic performance and also discusses the lessons offered for successful stabilization and long-term growth. Moving from individual developing nations to the world economic system, the final two chapters examine the question of external debt and why it has proved to be such an international stumbling block, offering suggestions on how it might be resolved.
Economic Stabilization and Debt in Developing Countries by Richard N. Cooper is 230 pages long, and a total of 57,500 words.
This makes it 78% the length of the average book. It also has 70% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 5 hours and 14 minutes to read Economic Stabilization and Debt in Developing Countries aloud.
Economic Stabilization and Debt in Developing Countries is suitable for students ages 12 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.
Economic Stabilization and Debt in Developing Countries by Richard N. Cooper is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
To buy Economic Stabilization and Debt in Developing Countries by Richard N. Cooper on Amazon click the button below.
Buy Economic Stabilization and Debt in Developing Countries on Amazon