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The authors of this study challenge the assumptions of the World Bank that the expansion in informal cross-border trade is a vindication of the market-liberalizing thrust of structural adjustment, and that adjustment policies have improved the effectiveness of an "independent" bourgeoisie that is emerging out of this trade as an agent of regional integration. Instead, they make the case for the adoption of what they call a "development approach" for tapping the benefits of the informal currency markets, as an alternative to the "market coercion" of structural adjustment.
| Price | Condition | Delivery | Seller | Action |
| $99.99 | Digital |
| WonderClub |
Patricia Pinkston
reviewed Cross-border trade & the parallel currency market-- trade & finance in the context of structural adjustment on April 27, 2019
Cross-border trade & the parallel currency market-- trade & finance in the context of structural adj
It's such a shame that this book is out of print, and even more of a shame that Austen died so young. I would kill to read his commentary on the decades following the publication of "Playing the Game". His commentary is insightful, his criticism cutting and effective, and his writing is not stiflingly academic. A very interesting read and a great source for my "Want to Read" list - I recommend checking it out if you're able to find a copy.
If you know me, you're welcome to borrow mine.
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