External Liberalization, Economic Performance, and Distribution in Latin America and Elsewhere
As seen from the year 2001, economic policy in developing and post-socialist economies during the preceding 10-15 years had one dominating theme - external "liberalization" or the drastic lowering or removal of long-standing barriers to almost all international transactions in markets for goods and services and movements of capital. This paper discusses this fundamental economic policy shift in nine transition and developing countries in Latin America and elsewhere, drawing upon country studies from research projects sponsored by the United Nations.
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