Publisher's Synopsis
This book focuses on the international financial problems of developing countries and the ways in which international financial policy might be used to alleviate them.;The author emphasizes that the developing countries cannot be treated as a homogenous group from the viewpoint of their internatinal financial problems. He draws attention to the distinction that needs to be drawn between the newly industrializing countries of Latin America and South-East Asia and the low income countries of African and Asia.;Using an empirical approach, an attempt is made to show an awareness of the political economy of reform and what is and what is not feasible in practice.;These features should make this book useful as supplementary reading on courses in both international amd development economics.;The author has also written "The International Monetary System and the Less Developed Countries", "The Quest for Economic Stabilization", "World Finance and Adjustment" and "Managing Global Money".
