Klappentext Examination of the causes that led many Latin American countries to contract debts and the effect of world recession on their ability to pay. Zusammenfassung This collection of essays examines the causes that led many Latin American countries to contract huge debts and the effect of world recession on their ability to pay. Through five detailed case studies! this study examines the external and internal factors that shaped the crisis and the relationship of the industrialised world. Inhaltsverzeichnis Contributors; Preface; 1. The political setting: 'business as usual' or a new departure? David Stephen; Part I. The Global Perspective: 2. Latin America's financial crisis: causes and cures Jonathan Hakim; 3. A comparison of macroeconomic strategies in South America John Williamson; 4. Latin American and east Asian NICs: development strategies compared Gustav Ranis and Louise Orrock; Part II. Case Studies: 5. Brazil's foreign debt: the national debate Julian M. Chacel; 6. Mexico: learning to live with the crisis George Philip; 7. The rise and fall of the Chilean economic miracle Tim Congdon; 8. Venezuela: the oil boom and the debt crisis Ramón Escovar Salom; 9. World recession and Central American depression: lessons from the 1930s for the 1980s Victor Bulmer-Thomas; 10. Conclusion Esperanza Durán; Index.

Zusammenfassung
This collection of essays examines the causes that led many Latin American countries to contract huge debts and the effect of world recession on their ability to pay. Through five detailed case studies, this study examines the external and internal factors that shaped the crisis and the relationship of the industrialised world.

Inhalt

Contributors; Preface; 1. The political setting: 'business as usual' or a new departure? David Stephen; Part I. The Global Perspective: 2. Latin America's financial crisis: causes and cures Jonathan Hakim; 3. A comparison of macroeconomic strategies in South America John Williamson; 4. Latin American and east Asian NICs: development strategies compared Gustav Ranis and Louise Orrock; Part II. Case Studies: 5. Brazil's foreign debt: the national debate Julian M. Chacel; 6. Mexico: learning to live with the crisis George Philip; 7. The rise and fall of the Chilean economic miracle Tim Congdon; 8. Venezuela: the oil boom and the debt crisis Ramón Escovar Salom; 9. World recession and Central American depression: lessons from the 1930s for the 1980s Victor Bulmer-Thomas; 10. Conclusion Esperanza Durán; Index.