Abstract
In an earlier study, the author analysed policy responses to external shocks in the 1974–8 period in developing economies classified according to the character of these shocks; the level of industrialization, and trade policy.1 In the present essay, the experience of the 1973–6 and 1979–81 periods of external shocks will be compared for the same group of economies.
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© 1985 The World Bank and Bela Balassa
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Balassa, B. (1985). Adjustment Policies in Developing Economies: a Reassessment. In: Change and Challenge in the World Economy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-17991-6_5
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DOI: https://doi.org/10.1007/978-1-349-17991-6_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-17993-0
Online ISBN: 978-1-349-17991-6
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