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External Liberalization in Asia, Post-Socialist Europe, and Brazil

Editor

Listed:
  • Taylor, Lance
    (New School University)

Abstract

This book reviews the experience of 14 countries with external liberalization and related policies, based on papers written by national authors following a common macroeconomic methodology. The country papers show clearly how trade and capital account liberalization along with changes in the real exchange rate affected demand, productivity, and employment at the country level. They also trace through shifts in the overall income distribution and the incidence of poverty. The authors of the papers bring a wealth of insight into their 'thick descriptions' a la Clifford Geertz's famous Balinese cockfight about how diverse economies responded to rather similar 'reform' packages and offer lessons about ongoing institutional change. They also suggest policy shifts that may help make economic performance better in the future than it has been in the past. Available in OSO: http://www.oxfordscholarship.com/oso/public/content/economicsfinance/9780195189322/toc.html

Suggested Citation

  • Taylor, Lance (ed.), 2006. "External Liberalization in Asia, Post-Socialist Europe, and Brazil," OUP Catalogue, Oxford University Press, number 9780195189322.
    • Handle: RePEc:oxp:obooks:9780195189322
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    Cited by:

    1. Ofori, Isaac K. & Armah, Mark K. & Asmah, Emmanuel E., 2021. "Towards the Reversal of Poverty and Income Inequality Setbacks Due to COVID-19: The Role of Globalisation and Resource Allocation," MPRA Paper 108619, University Library of Munich, Germany.
    2. Cohen, Joseph N., 2008. "Managing the Faustian bargain: monetary autonomy in the pursuit of development in Eastern Europe and Latin America," MPRA Paper 22435, University Library of Munich, Germany.
    3. Codrina Rada & Lance Taylor, 2006. "Developing and Transition Economies in the Late 20th Century: Diverging Growth Rates, Economic Structures, and Sources of Demand," Working Papers 34, United Nations, Department of Economics and Social Affairs.
    4. Gevorkyan, Aleksandr V., 2015. "The legends of the Caucasus: Economic transformation of Armenia and Georgia," International Business Review, Elsevier, vol. 24(6), pages 1009-1024.
    5. Ozlem Albayrak, 2020. "Household Consumption, Household Indebtedness, and Inequality in Turkey: A Microeconometric Analysis," Economics Working Paper Archive wp_954, Levy Economics Institute.
    6. Attar, M. Aykut, 2021. "Growth, distribution and dynamic inefficiency in Turkey: An analysis of the naïve neoclassical theory of capital," Structural Change and Economic Dynamics, Elsevier, vol. 59(C), pages 20-30.
    7. Mathew Bradbury & Matías Vernengo, 2008. "The Limits to Dollarization in Ecuador: Lessons from Argentina," Working Paper Series, Department of Economics, University of Utah 2008_12, University of Utah, Department of Economics.

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