External Shocks and Policy Responses: The Asian Experience

This article examines the impact of oil price increases and world recessions in the 1970s on the balance of payments of 12 developing countries in Asia. The analysis is in the long term. It views the current debt problems in the context of the turbulent world economy of the 1970s and of economic man...

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Bibliographic Details
Main Authors: Seiji Naya, D.H. Kim, W. James
Format: Article
Language:English
Published: World Scientific Publishing 1984-01-01
Series:Asian Development Review
Online Access:https://www.worldscientific.com/doi/10.1142/S0116110584000014