Investment, trade liberalisation and structural adjustment

被引：5

作者：

Bleaney, M

Fielding, D

机构：

[1] Centre for Research Economic Development and International Trade (CREDIT), Department of Economics, University of Nottingham

来源：

JOURNAL OF DEVELOPMENT STUDIES | 1995年 / 32卷 / 02期

关键词：

D O I：

10.1080/00220389508422410

中图分类号：

F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];

学科分类号：

0201 ; 020105 ; 03 ; 0303 ;

摘要：

The disappointing investment response in developing countries to World Bank Structural Adjustment Lending (SALs) is considered in the light of a theoretical model of the impact of trade liberalisation and tightening balance-of-payments constraints on investment. The policy reforms under SALs are not as conducive to increased investment as they may appear to be at first sight. The tendency of countries to apply for SALs when confronted with serious balance-of-payments disequilibrium is also an important factor. However there is no evidence that SALs are associated with a downward shift in the investment function.

引用

页码：175 / 194

页数：20

共 19 条

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