Trade Development And Foreign Debt

Author : Michael Hudson
Publisher : Islet
ISBN 13 : 9783949546013
Total Pages : 440 pages
Book Rating : 4.14/5 ( download)

DOWNLOAD NOW!

Download or read book Trade, Development and Foreign Debt written by Michael Hudson and published by Islet. This book was released on 2009-09-23 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this survey of international economic thought, Michael Hudson rewrites the history of trade, development and debt theorizing. He shows that mainstream free-trade surveys are censorial in excluding the protectionist logic that has guided the trade policy of Europe and the United States, especially by leaving out discussion of the transfer problem and payment of international debts. He points out that most economists throughout history have focused as much on war financing as on trade and development. Free-trade ideology and IMF-style financial austerity under today's rules, rather than benefiting all parties and maximizing welfare, leave "client" nations severely indebted. By excluding dynamics that used to be central to trade theory such as emigration and technology transfer, today's global production and financial policies tend to concentrate economic and political power in the hands of dominant nations. Prof. Michael Hudson (Economics Department, University of Missouri, Kansas City) is a frequent contributor to The Financial Times, Counterpunch, and Global Research.

Author : Michael Hudson
Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.07/5 ( download)

DOWNLOAD NOW!

Download or read book Trade, Development and Foreign Debt written by Michael Hudson and published by . This book was released on 1992 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Michael Hudson
Publisher :
ISBN 13 : 9780745304892
Total Pages : 305 pages
Book Rating : 4.93/5 ( download)

DOWNLOAD NOW!

Download or read book Trade, Development and Foreign Debt written by Michael Hudson and published by . This book was released on with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Michael Hudson
Publisher :
ISBN 13 : 9783980846691
Total Pages : 440 pages
Book Rating : 4.95/5 ( download)

DOWNLOAD NOW!

Download or read book Trade, Development and Foreign Debt written by Michael Hudson and published by . This book was released on 2009-09 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this survey of international economic thought, Michael Hudson rewrites the history of trade, development and debt theorizing. He shows that mainstream free-trade surveys are censorial in excluding the protectionist logic that has guided the trade policy of Europe and the United States, especially by leaving out discussion of the transfer problem and payment of international debts. He points out that most economists throughout history have focused as much on war financing as on trade and development. Free-trade ideology and IMF-style financial austerity under today's rules, rather than benefiting all parties and maximizing welfare, leave "client" nations severely indebted. By excluding dynamics that used to be central to trade theory such as emigration and technology transfer, today's global production and financial policies tend to concentrate economic and political power in the hands of dominant nations. Prof. Michael Hudson (Economics Department, University of Missouri, Kansas City) is a frequent contributor to The Financial Times, Counterpunch, and Global Research.

Author : Michael Hudson
Publisher : Pluto Press (UK)
ISBN 13 :
Total Pages : 236 pages
Book Rating : 4.39/5 ( download)

DOWNLOAD NOW!

Download or read book Trade, Development, and Foreign Debt: International finance written by Michael Hudson and published by Pluto Press (UK). This book was released on 1992 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: An alternative history of the major theoretical concepts that have shaped international economics since mercantilist times. It shows that the policies of laissez-faire and free trade adopted by institutions such as the World Bank and the IMF have had a devastating effect on developing countries, leading to greater polarisation rather than to convergence. The author's analysis demonstrates the importance of debunking economic orthodoxy and reassessing instead the value of protectionist and structuralist approaches to trade and development.

Author : Michael Hudson
Publisher : Pluto Press (UK)
ISBN 13 :
Total Pages : 330 pages
Book Rating : 4.95/5 ( download)

DOWNLOAD NOW!

Download or read book Trade, Development, and Foreign Debt written by Michael Hudson and published by Pluto Press (UK). This book was released on 1992 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text presents an alternative history of the major theoretical concepts that have shaped international economics since its inception in the mercantilist epoch. Present anti-orthodox views on trade and development, far from being the preserve of a few marginal heretics of each generation, are revealed to have a long and honourable pedigree.

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 1589060601
Total Pages : 327 pages
Book Rating : 4.09/5 ( download)

DOWNLOAD NOW!

Download or read book External Debt Statistics written by International Monetary Fund and published by International Monetary Fund. This book was released on 2003-06-25 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Guide provides clear, up-to-date guidance on the concepts, definitions, and classifications of the gross external debt of the public and private sectors, and on the sources, compilation techniques, and analytical uses of these data. The Guide supersedes the previous international guidance on external debt statistics available in External Debt: Definition, Statistical Coverage, and Methodology (known as the Gray Book), 1988. The Guides conceptual framework derives from the System of National Accounts 1993 and the fifth edition of the IMFs Balance of Payments Manual(1993). Preparation of the Guide was undertaken by an Inter-Agency Task Force on Finance Statistics, chaired by the IMF and involving representatives from the BIS, the Commonwealth Secretariat, the European Central Bank, Eurostat, the OECD, the Paris Club Secretariat, UNCTAD, and the World Bank.

Author : Chris C. Carvounis
Publisher : Praeger
ISBN 13 :
Total Pages : 280 pages
Book Rating : 4.52/5 ( download)

DOWNLOAD NOW!

Download or read book The Foreign Debt/National Development Conflict written by Chris C. Carvounis and published by Praeger. This book was released on 1986-09-23 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Carvounis reviews the debt-servicing problems of developing countries, focusing on the experience of nine cases, mostly in Latin America. He stresses the adverse impact on the development prospects of these countries resulting from the adjustment policies that they have been required to pursue. Carvounis criticizes the current austerity-oriented approach to restoring orderly debt-servicing, maintaining that his emphasis is leading to severe economic, political, and social problems within these countries. He argues that the economic capacity and political will of borrowing countries to continue this route is dissipating. Choice

Author : Soumitra Sharma
Publisher : Springer
ISBN 13 : 1349200441
Total Pages : 455 pages
Book Rating : 4.43/5 ( download)

DOWNLOAD NOW!

Download or read book Economic Development and World Debt written by Soumitra Sharma and published by Springer. This book was released on 1989-07-03 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers presented here were first given at the International Conference of Economists at the University of Zagreb in Yugoslavia. The book contains a rare selection of divergent theoretical and practical views on the acute problem of international debt and its repercussions on world economic growth at large and the developing countries in particular.

Author : International Monetary Fund
Publisher : International Monetary Fund
ISBN 13 : 145192321X
Total Pages : 46 pages
Book Rating : 4.16/5 ( download)

DOWNLOAD NOW!

Download or read book Foreign Borrowing and Export Promotion Policies written by International Monetary Fund and published by International Monetary Fund. This book was released on 1989-01-01 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper considers the problem of allocation of investment for a debtor country that faces a ceiling on the amount of foreign debt it can accumulate. It shows that it is optimal for the debtor country to create a more open economy by favoring investment in the export sector over investment in the import-competing sector. The reason is that a more open economy is more sensitive to trade sanctions and therefore more creditworthy in international markets. Because international creditworthiness is basically an externality, there is a role for policy to provide higher returns to export producing activities.