LDC adjustment packages Riccardo Faini and Jaime de Melo Developing countries have been hit by a fall in their terms of trade, high real interest rates on their

Serven examines empirically the link between real exchange rate uncertainty and private investment in developing countries using a large cross country-time seri

In spite of the attention paid exchange rates in recent economic debates on developing countries, relatively few studies have systematically analyzed in detail

This book presents the results of about three years of work finished in early 1992 in the area of private investment and macroeconomic adjustment. Its purpose i

This book provides a systematic and coherent framework for understanding the interactions between the micro and macro dimensions of economic adjustment policies