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Foreign Loans and Economic Performance

By: Ehsan Nikbaht (Author)

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Format: Hardback or Cased Book

ISBN-13: 9780275912352

Publisher: Bloomsbury Publishing Plc

Publication Date: Jul 15th, 1984

Category: International finance

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Scholars and many practitioners in the fields of finance and economics now agree that the ultimate objective of financing, whether debt or equity, is to maximize wealth. Drawing on such a premise, this book examines whether debt financing in the form of foreign loans has led to more wealth in the case of the less developed countries.

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