000			01271pam a2200253 4500
008			721124t1973 dcuad grbs 001 0 eng
020			_a0815756143 _a0815756135 (pbk.)
040			_aDLC _cDLC
050	0	0	_aHD82 _b.M334
082	0	0	_a338.9 _bMCK
100	1		_aMcKinnon, Ronald I.
245	1	0	_aMoney and capital in economic development /
260			_aWashington, _bBrookings Institution _cc1973
300			_axii, 184 p.
504			_aIncludes bibliographical references.
520			_aThis book makes a major contribution to the analysis of economic development. The author both establishes that the main causes of underdevelopment reside in economic repression by restricted, uncompetitive money, goods, and foreign exchange markets and explains why some 'orthodox' measures of reform have failed to bring economic efficiency and growth. McKinnon advances theoretical arguments and empirical evidence to suggest that a more effective strategy for economic growth would proceed from a thorough liberalisation of financial markets and the lifting of restraints on foreign trade.
590			_alje 20/09/2018
591			_aLoans
650		0	_aEconomic development.
650		0	_aFinance.
650		0	_aCapital.
942			_2ddc _cBOOK
949			_a338.9 MCK
999			_c10124 _d10124