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From Stabilization to Growth / Rudiger Dornbusch.
- Format:
- Book
- Author/Creator:
- Dornbusch, Rudiger.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w3302.
- NBER working paper series no. w3302
- Language:
- English
- Subjects (All):
- Economic development.
- Economic stabilization--Latin America.
- Economic stabilization.
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 1990.
- Cambridge, Massachusetts : National Bureau of Economic Research, 1990.
- Summary:
- The 1980s were a lost decade for Latin America, will the 1990s also be lost? For some countries stabilization has not even started. In other countries the stabilization accomplishments remain tentative and vulnerable. And even those countries that have established firmly a new path for their economic management are still waiting for economic growth to return. The hardest part of stabilization is the transition to growth. Even with major adjustment efforts in place, growth does not resume spontaneously. If the lack of recovery is due to a coordination failure than market forces cannot resolve the difficulty, a mechanism must be found to bring about the coordination.
- Notes:
- Print version record
- March 1990.
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