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The Curse Of Windfall Income


Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
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  • Product Description

Natural resources and foreign aid can both provide a developing nation with considerable wealth. But this wealth almost never translates into GDP growth. This thesis explores why free money does not translate into growth, and why windfall income may not be such a blessing. Plenty of research has examined how natural resource income can inflate a nation's currency and hurt export-oriented industries. Less explored is the idea that foreign aid income may be having the exact same effect. This thesis tests the hypothesis that aid, like resource wealth, can artificially raise currency values and hurt manufactures in poor developing nations.

Product Specifications
SKU :COC85814
AuthorAdams Nager
Number of Pages68
Publishing Year2013-11-13T00:00:00.000
Edition1 st
Book TypePolitical science & theory
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-10-08 00:00:00
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