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Latin American Progress under Structural Reform

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  • Thomas M Fullerton Jr

    (University of Texas at El Paso)

  • Richard L Sprinkle

    (University of Texas at El Paso)

Abstract

Subsequent to the economic difficulties of the 1980s, many Latin American governments reluctantly began to introduce market-oriented reform measures. In many cases, the new measures were adopted only as a means of participating in debt-relief programs such as the Brady Initiative. In no case, however, was a full slate of adjustment measures successfully sheparded through any of the regional legislatures. Examination of macroeconomic data prior to the onset of 'reform fatigue' in the late 1990s indicates regional performance did improve under the limited policies that were introduced prior to 1995.

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Bibliographic Info

Paper provided by EconWPA in its series Development and Comp Systems with number 0408012.

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Length: 11 pages
Date of creation: 11 Aug 2004
Date of revision:
Handle: RePEc:wpa:wuwpdc:0408012

Note: Type of Document - doc; pages: 11
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Web page: http://128.118.178.162

Related research

Keywords: Structural Adjustment; Latin America; Macroeconomics;

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References

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  1. Thomas M Fullerton Jr, 2004. "Short-Run Price Movements in Ecuador," Macroeconomics, EconWPA 0407028, EconWPA.
  2. Paul M. Romer, 1993. "New Goods, Old Theory, and the Welfare Costs of Trade Restrictions," NBER Working Papers 4452, National Bureau of Economic Research, Inc.
  3. Eduardo Lora & Ugo Panizza, 2002. "Structural Reforms in Latin America under Scrutiny," Research Department Publications, Inter-American Development Bank, Research Department 4303, Inter-American Development Bank, Research Department.
  4. Krueger, Anne O., 1987. "Origins of the developing countries' debt crisis : 1970 to 1982," Journal of Development Economics, Elsevier, Elsevier, vol. 27(1-2), pages 165-187, October.
  5. Fullerton, Thomas Jr., 1993. "Inflationary trends in Colombia," Journal of Policy Modeling, Elsevier, Elsevier, vol. 15(4), pages 463-468, August.
  6. Rudiger Dornbusch & Ferico Sturzenegger & Holger Wolf, 1990. "Extreme Inflation: Dynamics and Stabilization," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 21(2), pages 1-84.
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Citations

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Cited by:
  1. Flores Prieto, Pedro & Fullerton, Thomas M., Jr. & Andrade Olivas, Cesar, 2007. "Evidencia empirica sobre deuda externa, inversion, y crecimiento en Mexico, 1980-2003
    [Empirical evidence on foreign debt, investment, and growth in Mexico, 1980-2003]
    ," MPRA Paper 9497, University Library of Munich, Germany, revised Apr 2007.
  2. Thomas Fullerton & W. Sawyer & Richard Sprinkle, 1999. "Latin American trade elasticities," Journal of Economics and Finance, Springer, Springer, vol. 23(2), pages 143-156, June.

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