Foreign Loans and Economic Performance: The Experience of the Less Developed Countries

Foreign Loans and Economic Performance: The Experience of the Less Developed Countries

Hardback (15 Jul 1984)

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Publisher's Synopsis

Scholars and many practitioners in the fields of finance and economics now agree that the ultimate objective of financing, whether debt or equity, is to maximize wealth. This paradigm should hold true whether it applies to financing of a micro-entity like a company, or a cacro-entity like a country. Drawing on such a premise, this book examines whether debt financing in the form of foreign loans has led to more wealth in the case of the less developed countries.

Book information

ISBN: 9780275912352
Publisher: ABC-CLIO
Imprint: Praeger
Pub date:
Language: English
Number of pages: 134
Weight: 399g
Height: 234mm
Width: 156mm
Spine width: 11mm