Reform, recovery, and growth : Latin America and the Middle East / edited by Rudiger Dornbusch and Sebastian Edwards.

Format:

Book

Contributor:

Dornbusch, Rudiger.

Edwards, Sebastian, 1953-

Series:

National Bureau of Economic Research project report.

A National Bureau of Economic Research project report

Language:

English

Subjects (All):

Economic stabilization--Israel.

Economic stabilization.

Economic stabilization--Latin America.

Economic stabilization--Turkey.

Structural adjustment (Economic policy)--Israel.

Structural adjustment (Economic policy).

Structural adjustment (Economic policy)--Latin America.

Structural adjustment (Economic policy)--Turkey.

Latin America--Economic conditions--1982-.

Latin America.

Physical Description:

1 online resource (440 p.)

Edition:

1st ed.

Place of Publication:

Chicago : University of Chicago Press, 1995.

Language Note:

English

Summary:

The debt crisis of 1982 caused serious economic disruptions in most developing countries. Reform, Recovery, and Growth explains why some of these countries have recovered from the debt crisis, while more than a decade later others continue to stagnate. Among the questions addressed are: What are the requirements for a stabilization policy that reduces inflation in a reasonable amount of time at an acceptable cost? What are the effects of structural reforms, especially trade liberalization, deregulation, and privatization, on growth in the short and long runs? How do macroeconomic instability and adjustment policies affect income distribution and poverty? How does the specific design of structural adjustment efforts affect results? In this companion to Macroeconomics of Populism in Latin America, the authors confirm that macroeconomic stability has a positive effect on income distribution. The volume presents case studies that describe in detail the stabilization experiences in Brazil, Israel, Argentina, and Bolivia, and also includes discussion of Chile, Mexico, Peru, and Turkey.

Contents:

Front matter

Contents

Preface

Introduction

1. Trade Policy, Exchange Rates, and Growth

2. Are Economic Crises Necessary for Trade Liberalization and Fiscal Reform? The Mexican Experience

3. Macroeconomic Instability and Social Progress

4. Continuity, Change, and the Political Economy of Transition in Chile

5. Inflation and Unemployment as Determinants of Inequality in Brazil: The 1980's

6. Israel's Stabilization: Some Important Policy Lessons

7. Progress Report on Argentina

8. Bolivia: From Stabilization to What?

9. Tax Lore for Budding Reformers

10. Deregulation as a Source of Growth in Mexico

11. Partial Adjustment and Growth in the 1980's in Turkey

12. Stopping Three Big Inflations: Argentina, Brazil, and Peru

Contributors

Author Index

Subject Index

Notes:

Description based upon print version of record.

Includes bibliographical references and indexes.

ISBN:

9786611223304

9781281223302

1281223301

9780226158471

0226158470

OCLC:

437248188