Crisis and Reform in Latin America

Crisis and Reform in Latin America PDF Author: Sebastian Edwards
Publisher: World Bank Publications
ISBN: 9780195211054
Category : Business & Economics
Languages : en
Pages : 380

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Book Description
This work provides a thorough analytical review of the processes that led to the transformation of many Latin American economies during the last decade. The author examines every aspect of adjustment and reform since 1980 and suggests alternative ways to consolidate the achievements.

Crisis and Reform in Latin America

Crisis and Reform in Latin America PDF Author: Sebastian Edwards
Publisher: World Bank Publications
ISBN: 9780195211054
Category : Business & Economics
Languages : en
Pages : 380

Get Book

Book Description
This work provides a thorough analytical review of the processes that led to the transformation of many Latin American economies during the last decade. The author examines every aspect of adjustment and reform since 1980 and suggests alternative ways to consolidate the achievements.

Crisis and Reform in Latin America

Crisis and Reform in Latin America PDF Author: Sebastian Edwards
Publisher: World Bank Publications
ISBN:
Category : Business & Economics
Languages : en
Pages : 446

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Book Description
This work provides a thorough analytical review of the processes that led to the transformation of many Latin American economies during the last decade. The author examines every aspect of adjustment and reform since 1980 and suggests alternative ways to consolidate the achievements.

Crisis and reform in Latin America : from despais to hope

Crisis and reform in Latin America : from despais to hope PDF Author: Sebastian Edwards
Publisher:
ISBN:
Category : Crisis economica - America Latina
Languages : en
Pages : 364

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Book Description


From Economic Crisis to Reform

From Economic Crisis to Reform PDF Author: Grigore Pop-Eleches
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 376

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Book Description
The wave of neoliberal economic reforms in the developing world since the 1980s has been regarded as the result of both severe economic crises and policy pressures from global financial institutions such as the International Monetary Fund (IMF). Using comparative evidence from the initiation and implementation of IMF programs in Latin America and Eastern Europe, From Economic Crisis to Reform shows that economic crises do not necessarily persuade governments to adopt IMF-style economic policies. Instead, ideology, interests, and institutions, at both the international and domestic levels, mediate responses to such crises. Grigore Pop-Eleches explains that the IMF's response to economic crises reflects the changing priorities of large IMF member countries. He argues that the IMF gives greater attention and favorable treatment to economic crises when they occur in economically or politically important countries. The book also shows how during the neoliberal consensus of the 1990s, economic crises triggered IMF-style reforms from governments across the ideological spectrum and how these reforms were broadly compatible with democratic politics. By contrast, during the Latin American debt crisis, the contentious politics of IMF programs reflected the ideological rivalries of the Cold War. Economic crises triggered ideologically divergent domestic policy responses and democracy was often at odds with economic adjustment. The author demonstrates that an economic crisis triggers neoliberal economic reforms only when the government and the IMF agree about the roots and severity of the crisis.

Crisis and Reform in Latin América

Crisis and Reform in Latin América PDF Author: Sebastian Edwards
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description


Latin America In Crisis

Latin America In Crisis PDF Author: John W. Sherman
Publisher: Routledge
ISBN: 0429978995
Category : Political Science
Languages : en
Pages : 345

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Book Description
This book examines the intellectual problem of Latin American poverty, and discusses some of the explanations scholars have traditionally used to account for it. It focuses on its political and military dimensions of revolution and counterrevolution in the postwar era.

Reform, Recovery, and Growth

Reform, Recovery, and Growth PDF Author: Rudiger Dornbusch
Publisher: University of Chicago Press
ISBN: 0226158470
Category : Business & Economics
Languages : en
Pages : 440

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Book Description
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.

After the Washington Consensus

After the Washington Consensus PDF Author: Pedro-Pablo Kuczynski
Publisher: Columbia University Press
ISBN: 0881324515
Category : Business & Economics
Languages : en
Pages : 400

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Book Description
This volume is a successor of sorts 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. Contributors: Daniel Artana, Nancy Birdsall, Roberto Bouzas, Saúl Keifman, Pedro-Pablo Kuczynski, Ricardo López Murphy, Claudio de Moura Castro, Fernando Navajas, Patricio Navia, Liliana Rojas-Suarez, Jaime Saavedra, Miguel Székely, Andrés Velasco, John Williamson, and Laurence Wolff.

The State of State Reforms in Latin America

The State of State Reforms in Latin America PDF Author: Eduardo Lora
Publisher: World Bank Publications
ISBN: 9780821365762
Category : Political Science
Languages : en
Pages : 470

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Book Description
Latin America suffered a profound state crisis in the 1980s, which prompted not only the wave of macroeconomic and deregulation reforms known as the Washington Consensus, but also a wide variety of institutional or 'second generation' reforms. 'The State of State Reform in Latin America' reviews and assesses the outcomes of these less studied institutional reforms. This book examines four major areas of institutional reform: a. political institutions and the state organization; b. fiscal institutions, such as budget, tax and decentralization institutions; c. public institutions in charge of sectoral economic policies (financial, industrial, and infrastructure); and d. social sector institutions (pensions, social protection, and education). In each of these areas, the authors summarize the reform objectives, describe and measure their scope, assess the main outcomes, and identify the obstacles for implementation, especially those of an institutional nature.

After the Washington Consensus: Restarting Growth and Reform in Latin America

After the Washington Consensus: Restarting Growth and Reform in Latin America PDF Author:
Publisher: Peterson Institute
ISBN: 9780881325928
Category : Latin America
Languages : en
Pages : 398

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Book Description
Examines the nature of the economic policy agenda that the region should be pursuing after the better part of a decade that was punctuated by crises, achieved disappointingly slow growth, and saw no improvement in the region's highly skewed income distribution. 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.