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Public Finances Stabilization And Structural Reform In Latin America
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Book Synopsis Public Finances, Stabilization and Structural Reform in Latin America by : Guillermo Perry
Download or read book Public Finances, Stabilization and Structural Reform in Latin America written by Guillermo Perry and published by . This book was released on 1994 with total page 148 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book examines how overvalued exchange rates in the region reduced the tax base and tax revenues. It also looks at the fiscal impact of specific elements of the reform process, such as decentralization and privatization.
Book Synopsis Structural Reforms, Productivity and Technological Change in Latin America by : Jorge M. Katz
Download or read book Structural Reforms, Productivity and Technological Change in Latin America written by Jorge M. Katz and published by United Nations Publications. This book was released on 2001 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the last ten to fifteen years, profound structural reforms have moved Latin America and the Caribbean from closed, state-dominated economies to ones that are more market-oriented and open. Policymakers expected that these changes would speed up growth. This book is part of a multi-year project to determine whether these expectation have been fulfilled. Focusing on technological change, the impact of the reforms on the process of innovation is examined. It notes that the development process is proving to be highly heterogenous across industries, regions and firms and can be described as strongly inequitable. This differentiation that has emerged has implications for job creation, trade balance, and the role of small and medium sized firms. This ultimately suggests, amongst other things, the need for policies to better spread the use of new technologies.
Book Synopsis Public financial management in Latin America by : Mario Pessoa
Download or read book Public financial management in Latin America written by Mario Pessoa and published by Inter-American Development Bank. This book was released on 2015-08-24 with total page 375 pages. Available in PDF, EPUB and Kindle. Book excerpt: The efficiency, effectiveness, and transparency of public financial management in Latin America is critical for the supervision of public resources, fiscal stability, and sustainable economic development. In recent years, the countries of Latin America have embraced reforms in public financial management and have made many important advances; however, many challenges remain. This book brings together the knowledge and experiences of IMF and IDB staff and representatives from 16 governments in the region to document these reforms, and examines the experiences and lessons learned. It is a valuable resource for those looking at issues in public financial management.
Book Synopsis The Role of Fiscal Policy in Sustainable Stabilization by : Mr.Gerd Schwartz
Download or read book The Role of Fiscal Policy in Sustainable Stabilization written by Mr.Gerd Schwartz and published by International Monetary Fund. This book was released on 1997-08-01 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the role of fiscal policy in a number of stabilization programs in Latin America since the early 1980s. The paper highlights the importance of sustainable fiscal adjustment in stabilization efforts, and discusses the main issues that arise in this context. By reviewing the Latin American experience, it is argued that responsibility for failed stabilization attempts can be traced to four main factors: inconsistent policy mixes; excessive reliance on temporary factors of improvement in the fiscal accounts; failure to implement fundamental fiscal reforms; and lack of complementary structural reforms.
Book Synopsis Stabilization and Reform in Latin America by : Anoop Singh
Download or read book Stabilization and Reform in Latin America written by Anoop Singh and published by IMF. This book was released on 2005 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study examines external and domestic influences on Latin America's economic performance over the past decade and a half. It notes that over the past few years, macroeconomic policies have strengthened and structural reforms have been implemented. Together with a favorable external environment, these policies have contributed to Latin America's relatively sharp economic recovery from its last recession. The study discusses the priorities for the region's reform agenda that could help to ensure that this growing prosperity becomes entrenched. It also makes observations on the future roles of the major policymakers involved--the governments in the region; the international financial institutions, and especially the IMF; and industrial country governments."
Book Synopsis Chile’s "Shock Therapy" and structural adjustment programs in Latin America. Reforms and outcomes by : Sven Piechottka
Download or read book Chile’s "Shock Therapy" and structural adjustment programs in Latin America. Reforms and outcomes written by Sven Piechottka and published by GRIN Verlag. This book was released on 2017-09-12 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2017 in the subject Politics - Region: Middle and South America, grade: 1,5, University of Potsdam (Chair for Political Science, Public Administration and Organization), course: Government and Governance in Developing Countries, language: English, abstract: In this short paper, I followed a comparative case study approach to explore the reforms and reform outcomes in four different Latin-American countries during the 1980s. I chose Chile as a successful example of structural adjustment politics and Bolivia, Peru and Argentina as deviating cases to evaluate different reform success. My findings supported a case-by-case evaluation. It turned out that orthodox structural adjustment policies were implemented differently in every country due to country-specific political, historical and institutional features as well as an altering relationship to international financing institutions. Generally, orthodox reforms seemed to back economic stabilization but not necessarily structural economic adjustment. A review of the current state of literature showed differing explanations for varying reform success. While some researchers attribute failure to heterodox deviation, others see a too orthodox course or suggest an explanation by inappropriate time and place for the reforms. Further research will be needed to clarify causalities. It is suggested to put a stronger focus on underlying context-dependent reform drivers and stumbling blocks.
Book Synopsis La cuestión regional y local en América Latina by : Ricardo Martner
Download or read book La cuestión regional y local en América Latina written by Ricardo Martner and published by Santiago, Chile : Naciones Unidas. This book was released on 2004 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Stabilization and Reforms in Latin America by : Hermann Sautter
Download or read book Stabilization and Reforms in Latin America written by Hermann Sautter and published by . This book was released on 1996 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprises eight papers which examine Latin America's economic reform process during the 1980s and 1990s, and considers future steps in this reform. Includes: rethinking Latin American economic policy; good governance after stabilization; capital inflows, real exchange rate and the Mexican crisis of 1994; liquidity management in Argentina; regional free trade agreements in Chile; and the social dimension of reform.
Book Synopsis The State of State Reforms in Latin America by : Eduardo Lora
Download or read book The State of State Reforms in Latin America written by Eduardo Lora and published by World Bank Publications. This book was released on 2006-10-23 with total page 470 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin America suffered a profound state crisis in the 1980s, which prompted not only the wave of macroeconomic and deregulation reforms known as the Washington Consensus, but also a wide variety of institutional or 'second generation' reforms. 'The State of State Reform in Latin America' reviews and assesses the outcomes of these less studied institutional reforms. This book examines four major areas of institutional reform: a. political institutions and the state organization; b. fiscal institutions, such as budget, tax and decentralization institutions; c. public institutions in charge of sectoral economic policies (financial, industrial, and infrastructure); and d. social sector institutions (pensions, social protection, and education). In each of these areas, the authors summarize the reform objectives, describe and measure their scope, assess the main outcomes, and identify the obstacles for implementation, especially those of an institutional nature.
Book Synopsis The Dominican Republic by : Jimmy McHugh
Download or read book The Dominican Republic written by Jimmy McHugh and published by . This book was released on 2001 with total page 71 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report presents a number of papers that consider the efforts made to achieve stabilisation, structural reform and growth in the economy of the Dominican Republic during the 1980's and 1990's. Issues discussed include: trade reforms; external debt restructuring; fiscal policy and macroeconomic stability; sources of economic growth and the free trade zones; monetary policy, exchange rates and interest rates.
Book Synopsis The Progress of Policy Reform in Latin America by : John Williamson
Download or read book The Progress of Policy Reform in Latin America written by John Williamson and published by Peterson Institute. This book was released on 1990 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Perhaps the most popular of all Institute products, selected Working Papers are now available in a print format. These papers contain the preliminary results of ongoing Institute research. The book covers a wide range of topics including offshoring, central banks, Eurasian growth, Europe, and international reserves. Included in the book are papers by Edwin M. Truman, Adam Posen, J. Bradford Jensen, Anders Aslund, C. Randall Henning, and Jacob Kirkegaard. Volume II contains papers from 2006. Future volumes will be published on a semi-regular schedule as material is available.
Book Synopsis The Limits of Stabilization by : William Russell Easterly
Download or read book The Limits of Stabilization written by William Russell Easterly and published by . This book was released on 2003 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the 1980s and 1990s most Latin American countries witnessed a retrenchment of the public sector from infrastructure provision and an opening up of infrastruture activities to the private sector. This book analyses the consequences of these policy changes.
Book Synopsis Chile's Shock Therapy and Structural Adjustment Programs in Latin America. Reforms and Outcomes by : Sven Piechottka
Download or read book Chile's Shock Therapy and Structural Adjustment Programs in Latin America. Reforms and Outcomes written by Sven Piechottka and published by Grin Publishing. This book was released on 2017-09-13 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2017 in the subject Politics - International Politics - Region: Middle- and South America, grade: 1,5, University of Potsdam (Chair for Political Science, Public Administration and Organization), course: Government and Governance in Developing Countries, language: English, abstract: In this short paper, I followed a comparative case study approach to explore the reforms and reform outcomes in four different Latin-American countries during the 1980s. I chose Chile as a successful example of structural adjustment politics and Bolivia, Peru and Argentina as deviating cases to evaluate different reform success. My findings supported a case-by-case evaluation. It turned out that orthodox structural adjustment policies were implemented differently in every country due to country-specific political, historical and institutional features as well as an altering relationship to international financing institutions. Generally, orthodox reforms seemed to back economic stabilization but not necessarily structural economic adjustment. A review of the current state of literature showed differing explanations for varying reform success. While some researchers attribute failure to heterodox deviation, others see a too orthodox course or suggest an explanation by inappropriate time and place for the reforms. Further research will be needed to clarify causalities. It is suggested to put a stronger focus on underlying context-dependent reform drivers and stumbling blocks.
Book Synopsis Crisis, Stabilization, and Economic Reform by : Michael Bruno
Download or read book Crisis, Stabilization, and Economic Reform written by Michael Bruno and published by Clarendon Press. This book was released on 1993-08-05 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book authoritatively considers the phenomenon of the severe economic crises of the 1970s and 1980s, as exemplified by the combination of high inflation and negative growth in Israel and Latin America. The author analyses the common characteristics of such processes and their possible cures–with a detailed first-hand account of Israeli stabilization policy, and a comparative policy-oriented analysis of Latin American reforms. Professor Bruno also calls on his experience to give a preliminary evaluation of recent stabilizations and reform attempts in several East European economies. The discussion of the theoretical underpinnings of `shock' treatments provides a good example for the blending of a number of disciplines: lessons of economic history; open economy monetary and macro theory; game-theoretic applications to the theory of economic policy design (concepts such as dynamic inconsistency, government reputation, and credibility); and the rationalization of incomes policy. The Clarendon Lectures in Economics were established in 1987. They consist of coherent sets of three or four lectures given by distinguished economists which are accessible to advanced undergraduates and also of interest to academics. Subjects vary from high theory and applications of theory to policy-oriented topics. Lecturers include Professors J.-M. Grandmont, David Kreps, Kenneth Arrow, Angus Deaton, Robert Schiller, and Oliver Hart.
Book Synopsis Central Banking in Latin America by : Mr.Luis Ignacio Jácome
Download or read book Central Banking in Latin America written by Mr.Luis Ignacio Jácome and published by International Monetary Fund. This book was released on 2015-03-17 with total page 57 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides a brief historical journey of central banking in Latin America to shed light on the debate about monetary policy in the post-global financial crisis period. The paper distinguishes three periods in Latin America’s central bank history: the early years, when central banks endorsed the gold standard and coped with the collapse of this monetary system; a second period, in which central banks turned into development banks under the aegis of governments at the expense of increasing inflation; and the “golden years,” when central banks succeeded in preserving price stability in an environment of political independence. The paper concludes by cautioning against overburdening central banks in Latin America with multiple mandates as this could end up undermining their hard-won monetary policy credibility.
Book Synopsis Latin America After Mexico by : Shahid Javed Burki
Download or read book Latin America After Mexico written by Shahid Javed Burki and published by World Bank Publications. This book was released on 1996 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt: Paperback edition. Between 1917 and 1950, countries with 1/3 of the world's population seceded from the market economy and launched an experiment in constructing alternative systems of centrally planned economies. This transformed the political and the economic map of the world. World Development Report 1996, the 19th in this annual series, is devoted to the transition of these countries--in particular, those in Central and Eastern Europe, the newly independent states of the former Soviet Union, China, and Vietnam-- back to a market orientation. The Report analyzes 2 sets of overarching questions in detail. Part 1 addresses the initial challenges of transition and how these have been met in different countries and may be met in others. Part 2 looks beyond the early reforms and analyzes the longer term agenda of consolidating them by developing the institutions and policies that will help the new system to develop and prosper over time. The final chapter distills the key messages: *Consistent policies, combining liberalization of markets and trade, the freedom of entry into production or trade, and reasonable price stability, can achieve a great deal--even in countries lacking clear property rights and strong market institutions. *Country differences are very important, both in setting the feasible range of policy choice and in determining the response to reforms. *Clear property rights are required for an efficient response to market processes, and this will eventually require wide widespread ownership. *Major changes in social policies are needed to complement the move to the market--to focus on relieving poverty, to cope with mobility, and to address the intergenerational effects of reform. *Institutions in support of markets arise both by design and from demand. In the final analysis, reforms will not succeed unless they are underpinned by a broad political and social consensus, which is perhaps the highest priority of all.
Book Synopsis Crisis and Reform in Latin America by : Sebastian Edwards
Download or read book Crisis and Reform in Latin America written by Sebastian Edwards and published by World Bank Publications. This book was released on 1995 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work provides a thorough analytical review of the processes that led to the transformation of many Latin American economies during the last decade. The author examines every aspect of adjustment and reform since 1980 and suggests alternative ways to consolidate the achievements.
