Other People's Money
by Barry J. Eichengreen, Ricardo Hausmann
Capital movementsDebts, external, developing countriesFinance, developing countriesMonetary policy, developing countriesExternal DebtsFinanceMonetary policyKapitaalverkeer
Many economists instinctivally assume that developing countries allow their foreign debts to be denominated in dollars, yen, or euros because they simply don't know any better. This book recognizes that the situation must be attributed to more than ignorance.
Writing a summary for young readers…
For young readers
Book data: Open Library