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4 The Role of Aid and Private Capital Inflows in Economic Development

4 The Role of Aid and Private Capital Inflows in Economic Development »

Source: Economic Adjustment : Policies and Problems: Papers Presented at a Seminar held in Wellington, New Zealand, February 17-19, 1986

Series: Books

Author(s): Frank Holmes

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 January 1987

ISBN: 9780939934980

Keywords: exchange rate, exchange rate policy, terms of trade, balance of payments, foreign capital

I. Introduction The role of foreign capital in economic development has been a subject of international debate for as long as development itself has existed. In the 1950s and 1960s t...