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Finance & Development, September 1984
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Finance & Development, September 1984
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Finance & Development, September 1984
Ebook205 pages2 hours

Finance & Development, September 1984

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This paper examines the impact of the World Bank on the financial markets and developing countries. The sound financial structure of the Bank rests on its conservative loan-to-capital ratio. Its large liquidity is an assurance to investors in Bank bonds that their investments are assured of liquidity in case the need arises. To cope with their payments difficulties, the heavily indebted developing countries have adopted more cautious fiscal and monetary policies, limited wage increases, and reduced domestic consumption and investment.

LanguageEnglish
Release dateSep 1, 1984
ISBN9781463981044
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Finance & Development, September 1984

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