Advertisement

Intereconomics

, Volume 25, Issue 5, pp 242–247 | Cite as

Is there a transfer of resources from developing to industrial countries?

  • Rigmar Osterkamp
North-South Relations
  • 21 Downloads

Abstract

One of the arguments put forward to support the claim that an unfavourable world economic environment is impeding effective structural adjustment in developing countries is the premise that the flow of resources to indebted developing countries is not only insufficient but also declining and has actually been negative for some years. This leads to the demand for a politically guaranteed positive transfer of resources. Is this demand justified?

Keywords

Direct Investment Current Account Transfer Payment Interest Payment External Debt 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. 1.
    OECD: Financing and External Debt of Developing Countries, Paris 1988.Google Scholar
  2. 2.
    See International Monetary Fund: World Economic Outlook, October 1989.Google Scholar

Copyright information

© HWWA and Springer-Verlag 1990

Authors and Affiliations

  • Rigmar Osterkamp
    • 1
  1. 1.Ifo-Institut für WirtschaftsforschungMunichWest Germany

Personalised recommendations