Occasional Papers

Effects of Slowdown in Industrial Countries on Growth in Non-Oil Developing Countries

By Mohsin S. Khan, Morris Goldstein

August 4, 1982

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Mohsin S. Khan, and Morris Goldstein. Effects of Slowdown in Industrial Countries on Growth in Non-Oil Developing Countries, (USA: International Monetary Fund, 1982) accessed December 26, 2024

Summary

One of the more important yet puzzling aspects of the recent global stagflation has been the rather surprising resiliency of growth rates of real income in non-oil developing countries during the 1973-80 period in the face of the marked slowdown of corresponding growth rates in the industrial world. The primary purpose of this paper is to shed some light on this phenomenon by examining the relationship between the rate of economic growth in the non-oil developing countries and that in the industrial countries over the past decade or so.

Subject: Export performance, Exports, Imports, International trade, National accounts, Oil exports, Personal income

Keywords: Africa, Country, Country growth, Country imports, Developing country, Developing country group, Export, Export performance, Exports, Growth rate, Imports, Industrial country, Middle East, North America, Oil developing countries, Oil exports, OP, Personal income, Rate of growth, South America, Western Europe, Western Hemisphere

Publication Details

  • Pages:

    49

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Occasional Paper No. 1982/005

  • Stock No:

    S012EA0000000

  • ISBN:

    9781557750624

  • ISSN:

    0251-6365