1.

Record Nr.

UNINA9910807161303321

Titolo

Reform, recovery, and growth : Latin America and the Middle East / / edited by Rudiger Dornbusch and Sebastian Edwards

Pubbl/distr/stampa

Chicago, : University of Chicago Press, 1995

ISBN

1-281-22330-1

9786611223304

0-226-15847-0

Edizione

[1st ed.]

Descrizione fisica

1 online resource (440 p.)

Collana

A National Bureau of Economic Research project report

Altri autori (Persone)

DornbuschRudiger

EdwardsSebastian <1953->

Disciplina

338.956

Soggetti

Economic stabilization - Israel

Economic stabilization - Latin America

Economic stabilization - Turkey

Structural adjustment (Economic policy) - Israel

Structural adjustment (Economic policy) - Latin America

Structural adjustment (Economic policy) - Turkey

Latin America Economic conditions 1982-

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and indexes.

Nota di contenuto

Front matter -- Contents -- Preface -- Introduction -- 1. Trade Policy, Exchange Rates, and Growth -- 2. Are Economic Crises Necessary for Trade Liberalization and Fiscal Reform? The Mexican Experience -- 3. Macroeconomic Instability and Social Progress -- 4. Continuity, Change, and the Political Economy of Transition in Chile -- 5. Inflation and Unemployment as Determinants of Inequality in Brazil: The 1980's -- 6. Israel's Stabilization: Some Important Policy Lessons -- 7. Progress Report on Argentina -- 8. Bolivia: From Stabilization to What? -- 9. Tax Lore for Budding Reformers -- 10. Deregulation as a Source of Growth in Mexico -- 11. Partial Adjustment and Growth in the 1980's in Turkey -- 12. Stopping Three Big Inflations: Argentina, Brazil, and Peru -- Contributors -- Author Index -- Subject Index

Sommario/riassunto

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.