Description
Book SynopsisThe debt crisis of 1982 caused serious economic disruptions in most developing countries. This book explains why some of these countries have recovered from the debt crisis, while, more than a decade later, others continue to stagnate.
Table of ContentsPreface Introduction Rudiger Dornbusch, 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, Miguel Urrutia. 4: Continuity, Change, and the Political Economy of Transition in Chile Raul Laban, Felipe Larrain. 5: Inflation and Unemployment as Determinants of Inequality in Brazil: The 1980s Eliana Cardoso, Ricardo Paes de Barros, Andre Urani. 6: Israel's Stabilization: Some Important Policy Lessons Gil Bufman, 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, Nissan Liviatan. Contributors Author Index Subject Index
