Stabilization, Debt, and Reform: Policy Analysis for Developing Countries

Rudiger Dornbusch's work is at the forefront of international trade and finance. In recent years he has turned his attention to development economics and, in particular, to stabilization and trade liberalization. This volume focuses on the policy aspects, first looking at general questions of the appropriate role for government and the effectiveness of externally-imposed adjustment policy, and goes on to examine particular cases looking at both Eastern Europe and Latin America. He effectively combines an analysis of the theoretical issues with an examination of policies.