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  • China's And India's Challenge To Latin America: Opportunity Or Threat?

    The economic successes of China and India are viewed with admiration but also with concern because of the effects that the growth of these Asian economies may have on the Latin American and Caribbean (LAC) region. The evidence in China's and India's Challenge to Latin America indicates that certain manufacturing and service industries in some countries have been negatively affected by Chinese and ... Read more

    $17.99 USD

  • Fiscal Policy, Stabilization, And Growth: Prudence Or Abstinence?

    Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, with attention focused almost exclusively on the levels of public debt and the cash deficit. Very little attention was paid to the effects of fiscal policy on growth and on macroeconomic volatility over the cycle. Important issues such as the ... Read more

    $17.99 USD

  • Fiscal Policy, Stabilization, and Growth

    Prudence or Abstinence?

    Series series Latin American Development Forum
    Fiscal policy in Latin America has been guided primarily by short-term liquidity targets whose observance was taken as the main exponent of fiscal prudence, with attention focused almost exclusively on the levels of public debt and the cash deficit. Very little attention was paid to the effects of fiscal policy on growth and on macroeconomic volatility over the cycle. Important issues such as the ... Read more

    $24.99 USD or Free with Kobo Plus

  • Improving Access and Quality of Public Services in Latin America

    To Govern and To Serve

    Series series Political Science and International Studies (R0)
    This book presents insights from several countries in Latin America and beyond on how to organize critical sectors, such as education, roads and water, to improve quality, access and affordability. The innovative, multi-disciplinary studies in this volume discuss the outcomes of decentralization, school autonomy, participatory budgeting at the local level and other accountability mechanisms. Rich ... Read more

    $89.99 USD

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  • Sovereign Debt And The Financial Crisis: Will This Time Be Different?

    In the wake of the financial crisis of 2008 governments worldwide undertook massive fiscal interventions to stave off what otherwise would have likely been a system-wide financial and economic meltdown. The policy responses engendered significant shifts in growth trajectories and debt sustainability outlooks of both mature and developing economies. The magnitude of public liabilities incurred and ... Read more

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  • Saving for Development

    How Latin America and the Caribbean Can Save More and Better

    Series series Economics and Finance (R0)
    Why should people - and economies - save? This book on the savings problem in Latin America and the Caribbean suggests that, while saving to survive the bad times is important, saving to thrive in the good times is what really counts. People must save to invest in health and education, live productive and fulfilling lives, and make the most of their retirement years. Firms must save to grow their ... Read more

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  • Macroeconomics in Emerging Markets

    The macroeconomic experience of emerging and developing economies has tended to be quite different from that of industrial countries. Compared to industrial countries, emerging and developing economies have tended to be much more unstable, with more severe boom/bust cycles, episodes of high inflation and a variety of financial crises. This textbook describes how the standard macroeconomic models ... Read more

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  • Currency Politics

    The Political Economy of Exchange Rate Policy

    A comprehensive analysis of the politics surrounding exchange rate policies in the global economy—with in-depth case studies.The exchange rate is the most important price in any nation's economy, and a central factor in the global economy. Despite the critical role of exchange rate policy, there are few definitive explanations of why governments choose the currency policies they do. In Currency ... Read more

    $2.99 USD or Free with Kobo Plus

  • Emerging Capital Markets And Globalization: The Latin American Experience

    Back in the early 1990s, economists and policy makers had high expectations about the prospects for domestic capital market development in emerging economies, particularly in Latin America. Unfortunately, they are now faced with disheartening results. Stock and bond markets remain illiquid and segmented. Debt is concentrated at the short end of the maturity spectrum and denominated in foreign ... Read more

    $14.99 USD

  • Currency Unions

    Currency Unions reviews the traditional case for flexible exchange rates and "countercyclical"—that is, expansionary during recessions and contractionary in booms—monetary policy, and shows how flexible exchange rate regimes can better insulate the economy from such real disturbances as terms-of-trade shocks. The book also looks at the pitfalls of flexible exchange rates—and why fixed rates, ... Read more

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  • A Monetary and Fiscal History of Latin America, 1960–2017

    A major, new, and comprehensive look at six decades of macroeconomic policies across the regionWhat went wrong with the economic development of Latin America over the past half-century? Along with periods of poor economic performance, the region’s countries have been plagued by a wide variety of economic crises. This major new work brings together dozens of leading economists to explore the ... Read more

    $14.99 USD