Centro de Documentación OLADE -

04371

The effects of OECD macroeconomic policies on non-oil developing countries are analyzed by examining the well-know theoretical channels of interdependence and some of the available empirical evidence. The concern with international linkages has a short - term orientation. The question is whether external growth, through the different cyclical channels by which it affects developing countries, makes it possible to service debts and restore creditworthiness...