Journal article icon

Journal article

La politique economique face aux chocs externes dans les pays en developpement.

Abstract:

Many external shocks can be regarded as to some extent temporary, an example being the rise in the oil price in 1990. The paper first considers the consequences of the coffee boom of 1976-1979 in Kenya, a shock caused by a frost in Brazil and therefore evidently of a temporary nature. About half of the windfall was saved although this was due to a high private savings rate offset by low public savings. Due to controls, the windfall savings caused an investment boom which in turn caused a cons...

Expand abstract

Actions


Authors


David Bevan More by this author
Paul Collier More by this author
Jan Willem Gunning More by this author
Journal:
Revue d'Économie du Développement
Volume:
1
Issue:
1
Publication date:
1993
URN:
uuid:f02eec2e-89fd-4bd6-a0ff-02a32f3937cb
Local pid:
oai:economics.ouls.ox.ac.uk:11431
Language:
French

Terms of use


Metrics



If you are the owner of this record, you can report an update to it here: Report update to this record

TO TOP