The debt crisis in Latin America has rekindled debate about the
effects of the IMF's stabilization programs in the Third World.
Critics contend that these programs have short-run recessionary
impacts and damage prospects for long-term growth. In response,
Fund economists point to cross-country studies revealing mixed
impacts on growth rates coupled with significant success in
achieving the IMF's stated goals: current account and
balance-of-payments improvements and inflation rate reduction. Dr.
Pastor argues that the traditional growth-oriented critique is
theoretically misplaced, and he recasts Fund activities in terms of
class and income distribution. Applying the methodology of previous
Fund studies, he evaluates the effects of IMF programs in eighteen
Latin American countries in the pre-crisis period (1965-1981).
General
Imprint: |
Routledge
|
Country of origin: |
United Kingdom |
Release date: |
May 2021 |
First published: |
1987 |
Authors: |
Manuel Pastor
|
Dimensions: |
229 x 152mm (L x W) |
Format: |
Paperback
|
Pages: |
228 |
ISBN-13: |
978-0-367-30865-0 |
Categories: |
Books >
Social sciences >
Politics & government >
General
|
LSN: |
0-367-30865-7 |
Barcode: |
9780367308650 |
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