Latin American Adjustment: How Much Has Happened?

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Institute for International Economics, 1990 - Social Science - 445 pages
This volume examines the record of Latin American adjustment efforts and assesses the challenges that lie ahead. It examines the Washington consensus on how ten major policy instruments - including fiscal deficits, tax reform, exchange rates, and deregulation - should be used to address Latin America's current problems. Ten country studies and accompanying commentaries assess public attitudes in each country toward these reforms, the progress made since 1982 in implementing them, and the impact of policy changes on economic performance.

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Contents

Fred Bergsten
xii
What Washington Means by Policy Reform John Williamson
xvi
Discussion
36
Copyright

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About the author (1990)

John Williamson, Senior Fellow since 1981, was on leave as Chief Economist for South Asia at the World Bank during 1996-99; Economics professor at Pontificia Universidade Catolica do Rio de Janeiro (1978-81), University of Warwick (1970-77), Massachusetts Institute of Technology (1967, 1980), University of York (1963-68), and Princeton University (1962-63); Adviser to the International Monetary Fund (1972-74); & Economic Consultant to the UK Treasury (1968-70). He is author or editor of numerous studies on international monetary & developing world debt issues, including The Crawling Band as an Exchange Rate Regime (1996), What Role for Currency Boards? (1995), Estimating Equilibrium Exchange Rates (1994), The Political Economy of Policy Reform (1993), Latin American Adjustment: How Much Has Happened? (1990) & Targets & Indicators: A Blueprint for the International Coordination of Economic Policy with Marcus Miller (1987).

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