000 00901nam a2200133Ia 4500
080 _a11.02.01 M742si(2003)
100 _aSingh, Thomas B.
245 _aDevelopment assistance, rudimentary financial markets and relatively rapid goods market adjustments
260 _bCaribbean Centre for Monetary Studies
_a[St. Augustine]TT
_c2003
300 _a24 p.
520 _aSuggests that the institutional and structural features of developing countries imply that goods market adjustment may actually precede and be faster than asset market adjustment to real of financial shocks. Further argues that such adjustment may be the natural consequence of two key features of developing countries viz. that financial markets are underdeveloped and that goods markets are dominated by the production of primary goods that usually entail high inventory costs.
583 _c1/6/09
_kJOYD
942 _cM
_mM742si(2003)
999 _c33554
_d33554