Over the past four decades, billions of dollars have been transferred from devel oped to developing countries Why has this foreign capital stimulated growth and reduced poverty in some countries and led to staggering debt in others? In Transitions in development scholars from around the world use case studies of Asian, African, and Latin American countries to show how aid and commercial capital flows have worked and how they have failed Along with a consideration of several broad, aid-related issues, these country studies provide policy lessons on the effective use of external capital and offer hope for the wise use of devel opment resources in the future.
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Asistencia económica--Países en desarrollo --Estudios de casos Movimientos de capital--Países en desarrollo--Estudios de casos Países en desarrollo --Política económica--Estudios de casos