Open Access. Powered by Scholars. Published by Universities.®
Social and Behavioral Sciences Commons™
Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 2 of 2
Full-Text Articles in Social and Behavioral Sciences
Export Instability, Investment And Economic Growth In Developing Countries, David Lim
Export Instability, Investment And Economic Growth In Developing Countries, David Lim
Support & Other Units (THEi)
Export instability is often seen to be detrimental to the economic growth of those developing countries which have a large export sector and which depend on a few primary products for this export. One of the arguments against export instability is that it produces instability in government revenue which leads to instability in government expenditure. This instability in government expenditure is then seen to affect economic growth adversely in two ways...
Ability Of The Imf-Cff To Stabilize Export Earnings, David Lim
Ability Of The Imf-Cff To Stabilize Export Earnings, David Lim
Support & Other Units (THEi)
Finger and Dceosa (1980)1 have shown that the International Monetary Fund's Compensatory Financing Facility (IMF-CFF) did not succeed in reducing the export earnings instability of 71 participating countries over the period 1963-1977. In fact, the IMF-CFF increased, rather than decreased, the export instability of 35 of the 62 participating developing countries, and of 5 of the 9 participating developed countries. Finger and Derosa identified four features of the IMF-CFF which could have reduced its effectiveness in stabilizing export earnings...