Research Catalog

Reform, recovery, and growth : Latin America and the Middle East

Title
Reform, recovery, and growth : Latin America and the Middle East / edited by Rudiger Dornbusch and Sebastian Edwards.
Publication
Chicago, IL : University of Chicago Press, 1995.

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TextRequest in advance HC125 .R4127 1995Off-site

Details

Additional Authors
  • Dornbusch, Rudiger.
  • Edwards, Sebastian, 1953-
Description
ix, 426 pages : illustrations; 24 cm.
Summary
  • The debt crisis of 1982 caused serious dislocations in most developing countries. Reform, Recovery, and Growth seeks to explain why some of these countries have succeeded in engineering a recovery from the debt crisis, while others continue to stagnate more than a decade later. Included in this volume are case studies that describe in detail the stabilization experiences in Brazil, Israel, Argentina, and Bolivia, as well as discussions of Chile, Mexico, Peru, and Turkey.
  • 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 continuation of the research published in Macroeconomics of Populism in Latin America, the authors confirm that macroeconomic stability has a positive effect on income distribution and therefore benefits the poor.
Series Statement
A National Bureau of Economic Research project report
Uniform Title
National Bureau of Economic Research project report.
Subject
  • Structural adjustment (Economic policy) > Latin America
  • Structural adjustment (Economic policy) > Turkey
  • Structural adjustment (Economic policy) > Israel
  • Economic stabilization > Latin America
  • Economic stabilization > Turkey
  • Economic stabilization > Israel
  • Latin America > Economic conditions > 1982-
Bibliography (note)
  • Includes bibliographical references and indexes.
Contents
  • Introduction / Rudiger Dornbusch and Sebastian Edwards -- 1. Trade Policy, Exchange Rates, and Growth / Sebastian Edwards -- 2. Are Economic Crises Necessary for Trade Liberalization and Fiscal Reform? The Mexican Experience / Aaron Tornell -- 3. Macroeconomic Instability and Social Progress / Mauricio Cardenas and Miguel Urrutia -- 4. Continuity, Change, and the Political Economy of Transition in Chile / Raul Laban and Felipe Larrain -- 5. Inflation and Unemployment as Determinants of Inequality in Brazil: The 1980s / Eliana Cardoso, Ricardo Paes de Barros and Andre Urani -- 6. Israel's Stabilization: Some Important Policy Lessons / Gil Bufman and Leonardo Leiderman -- 7. Progress Report on Argentina / Rudiger Dornbusch -- 8. Bolivia: From Stabilization to What? / Federico A. Sturzenegger -- 9. Tax Lore for Budding Reformers / Arnold C. Harberger -- 10. Deregulation as a Source of Growth in Mexico / Arturo M. Fernandez -- 11. Partial Adjustment and Growth in the 1980s in Turkey / Anne O. Krueger.
  • 12. Stopping Three Big Inflations: Argentina, Brazil, and Peru / Miguel A. Kiguel and Nissan Liviatan.
ISBN
0226158454 (alk. paper)
LCCN
94027934
OCLC
  • 30812355
  • ocm30812355
  • SCSB-3213277
Owning Institutions
Columbia University Libraries