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Adjustment to external shocks in developing economies.

By: Balassa, Bela.
Material type: materialTypeLabelBookSeries: World Bank staff working paper no. 472. Publisher: Washington : World Bank, 1981Subject(s): Economic policy | Developing countries -- Structural adjustment. -- Developing countries -- Structural adjustmentSummary: This paper analyzes adjustments to external shocks in the form of changes in the terms of trade and the slowdown in foreign export demand in twenty-eight developing economies, classified according to the character of external shocks the level of industrial development and the policies applied.
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This paper analyzes adjustments to external shocks in the form of changes in the terms of trade and the slowdown in foreign export demand in twenty-eight developing economies, classified according to the character of external shocks the level of industrial development and the policies applied.

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