Great economic change is now occuring and will continue to occur in
Latin America. This study analyzes the economic problems of the
Latin American nations and sketches possible solutions to them. The
focus is on positive economic analysis rather than normative
political analysis. The contributors to this volume first analyze
common economic and monetary problems of the Latin American nations
and then suggest possible frameworks for solutions. Problems
discussed include: floating exchange rates, peso speculation, real
exchange rates, exchange rate reform, optimal tariff policies,
economic liberalization in LDCs, financial markets and income
distribution, external shocks, the Latin American debt problem, and
microfoundations of financial liberalization.
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