9781334348945 - Beyond the Debt Crisis (Classic Reprint): Alternative Forms of Financing Growth: Alternative Forms of Financing Growth (Classic Reprint) de Lessard, Donald R. (3 resultados)

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

PAP. Condición: New. New Book. Shipped from UK. Established seller since 2000.

Paperback. Condición: New. Print on Demand. This book explores the potential benefits of alternative forms of financing for developing countries and the challenges of implementing them in the midst of debt crises. Moving beyond traditional sovereign borrowing, the author considers options such as direct investment, portfolio equity, and commodity-indexed debt. The author argues that these alternatives offer risk-sharing and managerial participation advantages and can improve the overall efficiency of financing. However, he also acknowledges existing obstacles, including country risk, inadequate infrastructure, and resistance to changes in state control over resources. Despite these challenges, the book emphasizes the potential for carefully designed and managed programs to bring mutual benefits to both borrowers and creditors. The insights presented in this book highlight the importance of re-evaluating financing structures in developing countries for sustainable economic growth. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item.