Reform, recovery, and growth : Latin America and the Middle East
Author(s)
Bibliographic Information
Reform, recovery, and growth : Latin America and the Middle East
（A National Bureau of Economic Research project report）
University of Chicago Press, 1995
Available at 42 libraries
Note
Includes bibliographical references and indexes
Description and Table of Contents
Description
The 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. 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?; and 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.
Table of Contents
Preface 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
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