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...
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| Формат: | Журнал |
| Язык: | English |
| Опубликовано: |
Washington, D.C. :
International Monetary Fund,
1988.
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| Серии: | IMF Working Papers; Working Paper ;
No. 1988/054 |
| Online-ссылка: | Full text available on IMF |