After the Washington consensus : restarting growth and reform in Latin America / edited by Pedro-Pablo Kuczynski and John Williamson.

Format:

Book

Contributor:

Kuczynski Godard, Pedro-Pablo, 1938-

Williamson, John, 1937-2021.

Language:

English

Subjects (All):

Latin America--Economic policy.

Latin America.

Economic policy.

Latin America--Economic conditions--1982-.

Economic conditions.

Physical Description:

xii, 373 pages : illustrations ; 23 cm

Place of Publication:

Washington, DC : Institute for International Economics, 2003.

Summary:

This volume is a successor to the Institute's 1986 volume "Toward Renewed Economic Growth in Latin America, which blazed the trail for the market-oriented economic reforms that were adopted in Latin America in the subsequent years. It again presents the work of a group of leading Latin American economists, who were asked to think about the nature of the economic policy agenda that the region should be pursuing after a decade that was punctuated by crises, achieved disappointingly slow growth, and saw no improvement in the region's highly skewed income distribution. The study diagnoses the first-generation (liberalizing and stabilizing) reforms that are still lacking, the complementary second-generation (institutional) reforms that are necessary to provide the institutional infrastructure of a market economy with an egalitarian bias, and the new initiatives that are needed to crisis-proof the economies of the region to end its perpetual series of crises.

Contents:

Overview: An Agenda for Restarting Growth and Reform / John Williamson 1

1 Setting the Stage / Pedro-Pablo Kuczynski 21

2 Reforming the State / Pedro-Pablo Kuczynski 33

3 Bootstraps, not Band-Aids: Poverty, Equity, and Social Policy / Nancy Birdsall, Miguel Szekely 49

4 A Fiscal Policy Agenda / Daniel Artana, Ricardo Lopez Murphy, Fernando Navajas 75

5 The Financial System / Pedro-Pablo Kuczynski 103

6 Monetary Policy and Exchange Rates: Guiding Principles for a Sustainable Regime / Liliana Rojas-Suarez 123

7 Making Trade Liberalization Work / Roberto Bouzas, Saul Keifman 157

8 Education and Training: The Task Ahead / Laurence Wolff, Claudio de Moura Castro 181

9 Labor Markets during the 1990s / Jaime Saavedra 213

10 The Politics of Second-Generation Reforms / Patricio Navia, Andres Velasco 265

Appendix Our Agenda and the Washington Consensus / John Williamson 323.

Notes:

"March 2003."

Includes bibliographical references (pages 333-350) and index.

ISBN:

0881323470

OCLC:

51559189