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Economic Liberalization: No Panacea

The Experiences of Latin America

Written by leading economists, the papers in this collection examine the different effects of trade and financial liberalization on the economic performance of Latin America and Asia.

In the face of a deepening economic crisis in Latin America, the contributors examine the assumptions and dangers of indiscriminate economic liberalization policies which disregard the institutional arrangements or historical background of a country in the interests of narrower, more technical criteria such as speed of policy implementation.

Addressing policy, conflict management, Asian and Latin American economies, and labor market institutions in Asia and Latin America, this study is an important contribution to the debate on trade and financial liberalization.

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Table of contents
  1. 1. Introduction
    Tariq Banuri
  2. 2. Policy, Governance, and the Management of Conflict
    Edward J. Amadeo, Tariq Banuri
  3. 3. The World Economic Slowdown and the Asian and Latin American Economies: A Comparative Analysis of Economic Structure, Policy, and Performance
    Alan Hughes, Ajit Singh
    More Working Paper | The World Economic Slowdown and the Asian and Latin American Economies
  4. 4. Economic Openness: Problems to the Century's End
    Lance Taylor
    More Working Paper | Economic Openness
  5. 5. Some Reflections on Comparative Latin American Economic Performance and Policy
    Albert Fishlow
    More Working Paper | Some Reflections on Comparative Latin American Economic Performance and Policy
  6. 6. Worlds within the Third World: Labour Market Institutions in Asia and Latin America
    Tariq Banuri, Edward J. Amadeo
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