Description: International Monetary System and the Less Developed Countries, Paperback by Bird, Graham, ISBN 0333330048, ISBN-13 9780333330043, Brand New, Free shipping in the US In this book the author investigates the relationship between the international monetary system and the less developed countries of the world. In the period since 1945 growing concern has been shown over the international monetary problems which LDCs face, and since 1971 LDCs have been significant participants in the reform of the international monetary system. After tracing the evolution of the relationship between LDCs and the International Monetary Fund, th goes on to examine, with full reference to the available empirical evidence, the major causes and consequences of LDCs international monetary problems. Topics covered include: export instability; the terms of trade; the demand for reserves and reserve adequacy; and adjustment difficulties. A thorough examination is then made of the ways in which financial assistance has been provided to LDCs through the IMF and the Eurocurrency market. Finally, certain key policy issues are discussed: the commodity problem; the link between the creation of international liquidity and the provision of development aid; and exchange rate policy. Each chapter is followed by an extensive bibliography which is designed to help the reader to pursue further any topic of particular interest. The presentation, which is non-mathematical, is in the form of a textbook. The issues are surveyed, the main arguments discussed, and the available empirical evidence presented. It is revealed, however, that on many issues it is at present difficult to draw firm conclusions. Th will be of interest to students of international, monetary, and development economics.
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Edition: 2
Book Title: International Monetary System and the Less Developed Countries
Number of Pages: Xi, 352 Pages
Language: English
Publisher: Palgrave Macmillan The Limited
Publication Year: 1982
Topic: International / Economics, Developing & Emerging Countries, Economics / Macroeconomics, Development / Economic Development, International / General
Illustrator: Yes
Genre: Social Science, Business & Economics
Item Weight: 16.5 Oz
Author: Graham Bird
Item Length: 8.5 in
Item Width: 5.5 in
Format: Trade Paperback
