LEADER 07977nam 2200697Ia 450 001 9910450887503321 005 20200520144314.0 010 $a1-281-22400-6 010 $a9786611224004 010 $a0-226-73320-3 024 7 $a10.7208/9780226733203 035 $a(CKB)1000000000406116 035 $a(EBL)408231 035 $a(OCoLC)437247582 035 $a(SSID)ssj0000137717 035 $a(PQKBManifestationID)11130062 035 $a(PQKBTitleCode)TC0000137717 035 $a(PQKBWorkID)10088619 035 $a(PQKB)10710488 035 $a(MiAaPQ)EBC408231 035 $a(DE-B1597)535533 035 $a(OCoLC)781253329 035 $a(DE-B1597)9780226733203 035 $a(Au-PeEL)EBL408231 035 $a(CaPaEBR)ebr10216893 035 $a(CaONFJC)MIL122400 035 $a(EXLCZ)991000000000406116 100 $a19880802d1990 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 00$aDeveloping country debt and economic performance$hVolume 2$iCountry studies -- Argentina, Bolivia, Brazil, Mexico$b[electronic resource] /$fedited by Jeffrey D. Sachs 210 $aChicago $cUniversity of Chicago Press$d1990 215 $a1 online resource (578 p.) 225 1 $aA National Bureau of Economic Research project report 300 $aPapers presented at a conference held in Washington, D.C. on Sept. 21-23, 1987. 300 $aVol. 3: edited by Jeffrey D. Sachs and Susan M. Collins. 311 $a0-226-73333-5 320 $aIncludes bibliographies and indexes. 327 $tFront matter --$tContents --$tPreface --$tIntroduction /$rSachs, Jeffrey D. --$tBook I. Debt and Macroeconomic Instability in Argentina --$t1. An Overview of Debt and Macroeconomic Problems /$rDornbusch, Rudiger / Carlos de Pablo, Juan --$t2. Some Debt History /$rDornbusch, Rudiger / Carlos de Pablo, Juan --$t3. From Martinez de Hoz to Alfonsín /$rDornbusch, Rudiger / Carlos de Pablo, Juan --$t4. The Process of High Inflation /$rDornbusch, Rudiger / Carlos de Pablo, Juan --$t5. The Austral Plan115 /$rDornbusch, Rudiger / Carlos de Pablo, Juan --$t6. Avenues and Obstacles to Growth /$rDornbusch, Rudiger / Carlos de Pablo, Juan --$tAppendix A. Price Dynamics Under a Tablita Regime /$rDornbusch, Rudiger / Carlos de Pablo, Juan --$tAppendix B. The Budget and Inflation /$rDornbusch, Rudiger / Carlos de Pablo, Juan --$tAppendix C. Statistical Data /$rDornbusch, Rudiger / Carlos de Pablo, Juan --$tNotes /$rDornbusch, Rudiger / Carlos de Pablo, Juan --$tReferences /$rDornbusch, Rudiger / Carlos de Pablo, Juan --$tBook II. Bolivia's Economic Crisis --$t1. An Overview of Macroeconomic Performance /$rAntonio Morales, Juan / Sachs, Jeffrey D. --$t2. Political Economy and Macroeconomic Policy making, 1952-87 /$rAntonio Morales, Juan / Sachs, Jeffrey D. --$t3. State Capitalism and the Operation of the Public Sector /$rAntonio Morales, Juan / Sachs, Jeffrey D. --$t4. Trade Policies, 1970- 85 /$rAntonio Morales, Juan / Sachs, Jeffrey D. --$t5. Aspects of Foreign Debt Accumulation, 1952-85 /$rAntonio Morales, Juan / Sachs, Jeffrey D. --$t6. The Emergence of Hyperinflation, 1982-85 /$rAntonio Morales, Juan / Sachs, Jeffrey D. --$t7. Ending the Hyperinflation, 1985-88 /$rAntonio Morales, Juan / Sachs, Jeffrey D. --$t8. Bolivian Debt Management, 1985-88 /$rAntonio Morales, Juan / Sachs, Jeffrey D. --$t9. Beyond Stabilization to Economic Growth and Development /$rAntonio Morales, Juan / Sachs, Jeffrey D. --$tNotes /$rAntonio Morales, Juan / Sachs, Jeffrey D. --$tReferences /$rAntonio Morales, Juan / Sachs, Jeffrey D. --$tBook III. The Macroeconomics of the Brazilian External Debt --$t1. Introduction /$rCardoso, Eliana A. / Fishlow, Albert --$t2. Adjustment to the First Oil Shock: From Import Substitution to Macroeconomic Restraint /$rCardoso, Eliana A. / Fishlow, Albert --$t3. Adjustment in the 1980's: From International Monetarism to the Plano Cruzado /$rCardoso, Eliana A. / Fishlow, Albert --$t4. Stopping Inflation /$rCardoso, Eliana A. / Fishlow, Albert --$t5. External Debt, Budget Deficits, and Inflation /$rCardoso, Eliana A. / Fishlow, Albert --$t6. Trade Policies and Consequences /$rCardoso, Eliana A. / Fishlow, Albert --$t7. Epilogue: Debt and Development /$rCardoso, Eliana A. / Fishlow, Albert --$tAppendix: Brazilian Statistics /$rCardoso, Eliana A. / Fishlow, Albert --$tNotes /$rCardoso, Eliana A. / Fishlow, Albert --$tReferences /$rCardoso, Eliana A. / Fishlow, Albert --$tBook IV. Economic Policy and Foreign Debt in Mexico --$t1. Introduction /$rBuffie, Edward F. --$t2. The Record of Stabilizing Development /$rBuffie, Edward F. --$t3. Shared Development and the Echeverría Administration /$rBuffie, Edward F. --$t4. The Lopez Portillo Administration /$rBuffie, Edward F. --$t5. The De La Madrid Administration and the Present Crisis /$rBuffie, Edward F. --$t6. Import Compression, Real Wages, and Underemployment /$rBuffie, Edward F. --$t7. Fiscal and Monetary Policy, Financial Intermediation, Inflation, and Growth /$rBuffie, Edward F. --$t8. Debt Management and Negotiations /$rBuffie, Edward F. --$t9. Future Prospects: Is There A Way Out? /$rBuffie, Edward F. --$tNotes /$rBuffie, Edward F. --$tReferences /$rBuffie, Edward F. --$tBiographies --$tContributors --$tName Index --$tSubject Index 330 $aFor dozens of developing countries, the financial upheavals of the 1980's have set back economic development by a decade or more. Poverty in those countries has intensified as they struggle under the burden of an enormous external debt. In 1988, more than six years after the onset of the crisis, almost all the debtor countries were still unable to borrow in the international capital markets on normal terms. Moreover, the world financial system has been disrupted by the prospect of widespread defaults on those debts. Because of the urgency of the present crisis, and because similar crises have recurred intermittently for at least 175 years, it is important to understand the fundamental features of the international macroeconomy and global financial markets that have contributed to this repeated instability. This project on developing country debt, undertaken by the National Bureau of Economic Research, provides a detailed analysis of the ongoing developing country debt crisis. The project focuses on the middle-income developing countries, particularly those in Latin America and East Asia, although many lessons of the study should apply as well to other, poorer debtor countries. The project analyzes the crisis from two perspectives, that of the international financial system as a whole (volume 1) and that of individual debtor countries (volumes 2 and 3). This second volume contains lengthy and detailed case studies of four Latin American nations-Argentina, Bolivia, Brazil, and Mexico-providing a wealth of comparative data and new statistics on the general economic development of each nation. The authors explore the various factors that contributed to the debt crisis in each country and analyze how the crisis was managed once it had taken hold. Trenchant economic analyses are enhanced by assessments of the stark political realities behind the policy choices facing each nation. 410 0$aNational Bureau of Economic Research project report. 606 $aDebts, External$zDeveloping countries$vCongresses 606 $aInternational finance$vCongresses 607 $aDeveloping countries$xEconomic conditions$vCongresses 608 $aElectronic books. 615 0$aDebts, External 615 0$aInternational finance 676 $a336.3/435/091724 676 $a336.3435091724 701 $aCollins$b Susan Margaret$0886752 701 $aSachs$b Jeffrey$0120952 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910450887503321 996 $aDeveloping country debt and economic performance$91980415 997 $aUNINA