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International Financial and Goods Markets in 1982–3 and Beyond

In: Structural Change, Economic Interdependence and World Development

Author

Listed:
  • C. F. Diaz-Alejandro

    (Columbia University)

Abstract

This chapter will first attempt a diagnosis of the near-panic and quasi-crash of 1982. Then it will suggest international actions to avoid similar scares in the future, without sacrificing desirable features of some 1970s international financial and commodity markets, such as substantial competitiveness and a low degree of politisation. The important topic of what individual LDCs can do (and they can do much) to weather crises and external shocks is ignored in this essay.

Suggested Citation

  • C. F. Diaz-Alejandro, 1987. "International Financial and Goods Markets in 1982–3 and Beyond," International Economic Association Series, in: Silvio Borner & Alwyn Taylor (ed.), Structural Change, Economic Interdependence and World Development, chapter 28, pages 429-443, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-09117-1_28
    DOI: 10.1007/978-1-349-09117-1_28
    as

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