International Monetary Fund And Latin America
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...
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...
