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Full Description
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. A strong theme that emerges is that developing countries cannot be treated as a homogenous group from the viewpoint of their international financial problems. At the very least, a distinction needs to be drawn between the newly industrialising countries of Latin America and South-east Asia and the low income countries of Africa and Asia.
Contents
List of Tables - Preface - Introduction: the Issues Involved - The Developing World: A Special Case? - The IMF and the Developing World: History, Relationships and Resources Used - IMF Conditionality and Economic Development - The Fund's Lending Facilities: Reforming the Compensatory Financing - Commodity Price Stabilisation and International Financial Policy - Interest-rate Policy and International Finance - Financing the Fund and Reforming Quotas - Reserve Currency Consolidation, Gold Policy and Financial Flows to Developing Countries - The Link - Private Bank Lending to Developing Countries - Developing Country Debt: A Review of the Policy Alternatives - Policies to Enhance Private Lending to Developing Countries - The Banks and the IMF: the Nature of, and Scope for, Co-operation - Financial Co-operation amongst Developing Countries - The Way Forward - Notes - References - Index
