Ebook528 pages13 hours
Developing Country Debt and Economic Performance, Volume 2: Country Studies--Argentina, Bolivia, Brazil, Mexico
Rating: 5 out of 5 stars
5/5
()
About this ebook
For dozens of developing countries, the financial upheavals of the 1980s 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 enchanced by assessments of the stark political realities behind the policy choices facing each nation.
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 enchanced by assessments of the stark political realities behind the policy choices facing each nation.
Read more from Jeffrey D. Sachs
A New Foreign Policy: Beyond American Exceptionalism Rating: 4 out of 5 stars4/5Building the New American Economy: Smart, Fair, & Sustainable Rating: 4 out of 5 stars4/5From Cairo to Wall Street: Voices from the Global Spring Rating: 0 out of 5 stars0 ratings
Related to Developing Country Debt and Economic Performance, Volume 2
Related ebooks
Managing Currency Crises in Emerging Markets Rating: 0 out of 5 stars0 ratingsCurrency Crises Rating: 0 out of 5 stars0 ratingsDeveloping Country Debt and Economic Performance, Volume 1: The International Financial System Rating: 0 out of 5 stars0 ratingsAdvanced Lectures in Quantitative Economics Rating: 0 out of 5 stars0 ratingsThe Sri Lankan Economy: Charting A New Course Rating: 0 out of 5 stars0 ratingsChina Inside Out: Contemporary Chinese Nationalism and Transnationalism Rating: 0 out of 5 stars0 ratingsThe Economic Consequences of the Peace Rating: 4 out of 5 stars4/5The Economics of Housing Vouchers Rating: 0 out of 5 stars0 ratingsBrave New World Economy: Global Finance Threatens Our Future Rating: 0 out of 5 stars0 ratingsW. Arthur Lewis and the Birth of Development Economics Rating: 5 out of 5 stars5/5Global Imbalances, Financial Crises, and Central Bank Policies Rating: 0 out of 5 stars0 ratingsStrengthening Popular Participation in the African Union: A Guide to AU Structures and Processes Rating: 0 out of 5 stars0 ratingsFormula for Fortune: How Asa Candler Discovered Coca-Cola and Turned It into the Wealth His Children Enjoyed Rating: 0 out of 5 stars0 ratingsA Revision of the Treaty Rating: 0 out of 5 stars0 ratingsThe Conquest of American Inflation Rating: 5 out of 5 stars5/5Why Adjudicate?: Enforcing Trade Rules in the WTO Rating: 0 out of 5 stars0 ratingsSpeculative Enterprise: Public Theaters and Financial Markets in London, 1688–1763 Rating: 0 out of 5 stars0 ratingsThe Criminality of Nuclear Deterrence Rating: 3 out of 5 stars3/5European labour movements in crisis: From indecision to indifference Rating: 0 out of 5 stars0 ratingsThe Devouring Dragon: How China's Rise Threatens Our Natural World Rating: 5 out of 5 stars5/5Bernanke's Test: Ben Bernanke, Alan Greenspan, and the Drama of the Central Banker Rating: 0 out of 5 stars0 ratingsArc of Empire: America's Wars in Asia from the Philippines to Vietnam Rating: 0 out of 5 stars0 ratingsDisequilibrium: How America's Great Inflation Led to the Great Recession Rating: 4 out of 5 stars4/5Handbook of Safeguarding Global Financial Stability: Political, Social, Cultural, and Economic Theories and Models Rating: 0 out of 5 stars0 ratingsForgotten Foundations of Bretton Woods: International Development and the Making of the Postwar Order Rating: 0 out of 5 stars0 ratingsFrom Windfall to Curse?: Oil and Industrialization in Venezuela, 1920 to the Present Rating: 5 out of 5 stars5/5Why Not Default?: The Political Economy of Sovereign Debt Rating: 0 out of 5 stars0 ratingsAccounting for Capitalism: The World the Clerk Made Rating: 5 out of 5 stars5/5Sovereign Debt: From Safety to Default Rating: 5 out of 5 stars5/5
Business For You
Crucial Conversations Tools for Talking When Stakes Are High, Second Edition Rating: 4 out of 5 stars4/5Crucial Conversations: Tools for Talking When Stakes are High, Third Edition Rating: 4 out of 5 stars4/5Becoming Bulletproof: Protect Yourself, Read People, Influence Situations, and Live Fearlessly Rating: 4 out of 5 stars4/5Law of Connection: Lesson 10 from The 21 Irrefutable Laws of Leadership Rating: 4 out of 5 stars4/5Summary of J.L. Collins's The Simple Path to Wealth Rating: 5 out of 5 stars5/5Collaborating with the Enemy: How to Work with People You Don't Agree with or Like or Trust Rating: 4 out of 5 stars4/5Your Next Five Moves: Master the Art of Business Strategy Rating: 5 out of 5 stars5/5Set for Life: An All-Out Approach to Early Financial Freedom Rating: 4 out of 5 stars4/5The Richest Man in Babylon: The most inspiring book on wealth ever written Rating: 5 out of 5 stars5/5The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5Confessions of an Economic Hit Man, 3rd Edition Rating: 5 out of 5 stars5/5The Five Dysfunctions of a Team: A Leadership Fable, 20th Anniversary Edition Rating: 4 out of 5 stars4/5Capitalism and Freedom Rating: 4 out of 5 stars4/5Tools Of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers Rating: 4 out of 5 stars4/5Nickel and Dimed: On (Not) Getting By in America Rating: 4 out of 5 stars4/5Lying Rating: 4 out of 5 stars4/5The Everything Guide To Being A Paralegal: Winning Secrets to a Successful Career! Rating: 5 out of 5 stars5/5The Catalyst: How to Change Anyone's Mind Rating: 4 out of 5 stars4/5Just Listen: Discover the Secret to Getting Through to Absolutely Anyone Rating: 4 out of 5 stars4/5Robert's Rules of Order: The Original Manual for Assembly Rules, Business Etiquette, and Conduct Rating: 4 out of 5 stars4/5How to Get Ideas Rating: 5 out of 5 stars5/5Carol Dweck's Mindset The New Psychology of Success: Summary and Analysis Rating: 4 out of 5 stars4/5Red Notice: A True Story of High Finance, Murder, and One Man's Fight for Justice Rating: 4 out of 5 stars4/5Limited Liability Companies For Dummies Rating: 5 out of 5 stars5/5The 12 Week Year (Review and Analysis of Moran and Lennington's Book) Rating: 5 out of 5 stars5/5
Reviews for Developing Country Debt and Economic Performance, Volume 2
Rating: 5 out of 5 stars
5/5
1 rating0 reviews
Book preview
Developing Country Debt and Economic Performance, Volume 2 - Jeffrey D. Sachs
Enjoying the preview?
Page 1 of 1