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Routledge - The IMF and Latin America: Economic Stabilization

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Description

Explore the complex relationship between the International Monetary Fund and Latin American economies in this scholarly work from Routledge. As the debt crisis in Latin America resurfaces, this book addresses the ongoing debate regarding the effects of IMF stabilization programs in the Third World. Critics argue that these programs cause short-run recessionary impacts and hinder long-term growth prospects. In contrast, Fund economists present cross-country studies that show mixed impacts on growth rates but highlight successes in achieving key objectives. These include significant improvements in current accounts, balance-of-payments, and inflation rate reduction. Dr. Pastor provides a deep analysis of these economic tensions, examining the traditional growth-oriented critiques and the actual outcomes of stabilization efforts. This text is an essential resource for students and professionals interested in political science, international economics, and the socio-economic dynamics of class conflict and government policy in Latin America.

Key Features

Examines the impact of IMF stabilization programs on Third World economies during the Latin American debt crisis.

Analyzes the debate between critics of recessionary impacts and economists citing successful inflation rate reduction.

Provides data-driven insights into current account and balance-of-payments improvements through cross-country studies.

Offers a scholarly perspective on the relationship between economic stabilization and class conflict.

Written by Dr. Pastor to address and challenge traditional growth-oriented critiques of international policy.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
11 September 2019
Listed Since
06 September 2019

Barcode

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