The Role of the Public Sector in the Market Economies of Developing Asia : General Lessons for the Current Debt Strategy

General Lessons for the Current Debt Strategy

Nopic
This paper pursues several objectives. First, it presents a sketch of a positive (or real-world) theory of public sector intervention. Second, it analyzes in some detail the activity of the public sector in nine market economies of developing Asia and relates this activity to the growth of the foreign debt of these countries. It is argued that... READ MORE...

Publication date: January 1988
ISBN 9781451928266
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