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...
| Autor Corporativo: | |
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| Formato: | Revista |
| Idioma: | English |
| Publicado: |
Washington, D.C. :
International Monetary Fund,
1988.
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| Series: | IMF Working Papers; Working Paper ;
No. 1988/054 |
| Acceso en liña: | Full text available on IMF |