Export Instability and the External Balance in Developing Countries

Export Instability and the External Balance in Developing Countries
Uncertainty about the export earnings accruing to a country (sometimes referred to as export instability) is an important source of macroeconomic uncertainty in many developing countries. Theory predicts that countries should react to increases in this form of uncertainty by increasing their level of savings. The resulting asset accumulations... READ MORE...

Publication date: January 1994
ISBN 9781451927726
$15.00

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