Copyright 1991
The International Bank for Reconstruction and Development / THE WORLD BANK
1818 H Street N.W.
Washington, D.C. 20433, U.S.A. |
All rights reserved
Manufactured in the United States of America
Revised edition
Third printing March 1996 |
| The Economic Development Institute (EDI) was established by the World Bank in 1955 to train officials concerned with development planning, policymaking, investment analysis, and project implementation in member developing countries. At present the substance of the EDI's work emphasizes macroeconomic and sectoral economic policy analysis. Through a variety of courses, seminars, and workshops, most of which are given overseas in cooperation with local institutions, the EDI seeks to sharpen analytical skills used in policy analysis and to broaden understanding of the experience of individual countries with economic develop-ment. Although the EDI's publications are designed to support its training activities, many are of interest to a much broaderaudience. EDI materials,includinganyfindings,interpre-tations,andconclusions, are entirely those of the authors and should not be attributed in any manner to the World Bank, to its affiliated organizations, or to members of its Board of Executive Directors or the countries they represent. |
| Because of the informality of this series and to make the publication available with the least possible delay, the manuscript has not been edited as fully as would be the case with a more formal document, and the World Bank accepts no responsibility for errors. |
| The material in this publication is copyrighted. Requests for permission to reproduce portions of it should be sent to the Office of the Publisher at the address shown in the copyright notice aboveThe World Lank encourages dissemination of its work and will normally give permission promptly and, when the reproduction is for noncommercial purposes, without asking a fee. Permission to copy portions for classroom use is granted through the Copyright Clearance Center, 27 Congress Street, Salem, Massachusetts 01970, U.S.A. |
| The backlist of publicationsby the World Bank is shown in the annual Index of Publications, which is available from the Distribution Unit, Office of the Publisher, The World Bank, 1818 H Street, N.W., Washington, D.C. 20433, U.S.A., or from Publications, Banque mondial, 66, avenue d'lena, 75116 Paris, France. |
| J.D. Von Pischke is a senior operations officer for the World Bank's Asia Country Department I. |
Library of Congress Cataloging-in-Publication Data
Von Pischke, J.D.
Finance at the frontier : debt capacity and the role of credit in
the private economy / J.D. Von Pischke.
p. cm. (EDI development studies)
Includes bibliographical references and index.
ISBN 0-8213-1818-7
1. FinanceDeveloping countries. 2. Economic development.
3. CreditDeveloping countries. 4. Economic assistanceDeveloping
countries. I. Title. II. Series
HG195.V66 1991
332'.09172'4dc20 91-17956
CIP |
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