Beyond Reforms: Structural Dynamics and Macroeconomic Vulnerability (Latin American Development Forum)

ISBN 10: 0821358197 / ISBN 13: 9780821358191
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Beyond Reforms: Structural Dynamics and Macroeconomic Vulnerability (Latin American Development Forum). Bookseller Inventory #

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Synopsis: 'Beyond Reforms' argues that economic growth in developing countries is intrinsically tied to the dynamics of production structures, to the specific policies and institutions created to support it, and the creation of linkages among domestic firms and sectors. Avoiding macroeconomic instability is also essential. However, macroeconomic stability is not a sufficient condition for growth. The broader institutional context and the adequate provision of education and infrastructure are essential 'framework conditions,' but generally do not play a direct role in bringing about changes in the momentum of economic growth.

From the Inside Flap: This collection presents the difficult challenges of the new economic era as well as a set of alternative economic policies for managing the open Latin American economies of the early twenty-first century. Ideas that were removed from the reform agenda over the past two decades are seen as critical to the improved economic and social performance that liberalization has so far failed to produce. These ideas include a role for counter-cyclical macroeconomic policies, including restrictions on capital mobility; active productive sector and technological development policies; and the need to pay greater attention not only to social policies, but also to the links between economic policies and social outcomes, in order to guarantee a desirable social performance. This collection sheds new light on issues that were largely overlooked during the reform period, and that must be faced squarely to overcome the deficiencies that Latin America has faced during its phase of liberalization and its dismal economic performance since the Asian crisis.

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World Bank Staff
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ISBN 10: 0821358197 ISBN 13: 9780821358191
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Book Description World Bank, Washington, DC, 2005. Paperback. Book Condition: Near Fine. Dust Jacket Condition: No Dust Jacket. 238pp. This was a copy sent for review to the Journal of Economic Literature. They put a small sticker on the front cover, as well as scotch-taped a few stickers to the spine. These can be easily removed. Additionally, at the heading of each chapter there are minor, penciled, numerical notations. Other than that, the text is clean & unmarked. The overall condition is thus near fine. Bookseller Inventory # B00655

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Published by World Bank Publications, United States (2005)
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Book Description World Bank Publications, United States, 2005. Hardback. Book Condition: New. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. This title argues that economic growth in developing countries is intrinsically tied to the dynamics of production structures and to the specific policies and institutions created to support it, especially those that facilitate the diffusion of innovations generated in the industrialized world (including, in particular, the development of new branches of production), and the creation of linkages among domestic firms and sectors. Avoiding macroeconomic instability is also essential, however, macroeconomic stability is not a sufficient condition for growth. The broader institutional context and the adequate provision of education and infrastructure are essential - framework conditions - but generally do not play a direct role in bringing about changes in the momentum of economic growth. This title makes extensive use of concepts elaborated by the old and the new development and growth literature. It is divided into four sections. Section 1 takes a look at some methodological issues and growth regularities. The second section focuses on the dynamics of production structures. The third provides a very simple model of the linkages between productive and macroeconomic dynamics. The last draws policy implications. Bookseller Inventory # TNP9780821358191

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