Less Developed Country Business Cycles

Less Developed Country Business Cycles

Less developed countries (LDCs) have experienced considerable business cycles in recent decades. This coincides with significant increases in their external debt to GDP ratios. Recent theoretical credit cycles literature suggests that indebtedness, and the resulting liquidity constraints, could expl...

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Bibliographic Details
Main Author: LEUNG, Hing-Man
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2002
Subjects:
LDCs
credits
liquidity constraints
business cycles
Economics
Growth and Development
Macroeconomics
Online Access:https://ink.library.smu.edu.sg/soe_research/692
https://ink.library.smu.edu.sg/context/soe_research/article/1691/viewcontent/LDCCycles.pdf
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Institution: Singapore Management University
Language: English
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