Theoretical Aspects of Growth in Developing Countries : External Debt Dynamics and the Role of Human Capital.

This paper formulates a simple aggregate growth model that is capable of assessing the impact of macroeconomic policies on the long-term performance of a developing country. The model emphasizes expenditures on human capital and the dynamics of external debt, and yields empirically testable hypothes...

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Bibliografiske detaljer
Institution som forfatter: International Monetary Fund
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 1988.
Serier:IMF Working Papers; Working Paper ; No. 1988/054
Online adgang:Full text available on IMF
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245 1 0 |a Theoretical Aspects of Growth in Developing Countries :   |b External Debt Dynamics and the Role of Human Capital. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1988. 
300 |a 1 online resource (46 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper formulates a simple aggregate growth model that is capable of assessing the impact of macroeconomic policies on the long-term performance of a developing country. The model emphasizes expenditures on human capital and the dynamics of external debt, and yields empirically testable hypotheses on the relative importance of various determinants of long-term growth performance. The analytical results suggest a number of implications that are relevant to the design of growth-oriented adjustment programs. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1988/054 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1988/054/001.1988.issue-054-en.xml  |z IMF e-Library