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Searching for a Better Society
As in most of the rest of Latin America, Peruvian economic strategy has gone in something of a circle, from long-established orientation toward an open economy with minimal state intervention to a period of state-led development, then back again to what looks like the starting point. In the 1960s, the Peruvian people had their first real chance to make a democratic choice between continuation of the country's open-economy orientation or change, & they chose change. Using this as his starting point, Sheahan explains how their choice was not provoked by any economic crisis but by other major influences. The majority of Peruvians, he shows, were seeking objectives more fundamental than economic...
The Peruvian Economy and Structural Adjustment
This work analyses Peru's reforms, economic stabilisation programmes, institutional and economic structures, and the structural adjustment programme. It also looks at the role of the exchange rate in macroeconomic policy and some scenarios based on a model to forecast future economic trends.
Structural Adjustment
Reviews the experience of structural adjustment programmes of the 1980s and gives prospects for policy reforms for the 1990s.
The Peruvian Experiment Reconsidered
Peru's self-proclaimed "revolution"—surprisingly extensive reforms initiated by the military government—has aroused great interest all over Latin America and the Third World. This book is the first systematic and comprehensive attempt to appraise Peru's current experiment in both national and regional perspective. It compares recent innovative approaches to Peru's problems with the methods used by earlier regimes, providing original and stimulating interpretations of contemporary Peru from the viewpoints of political science, sociology, history, economics, and education. Among the issues considered are the military regime's policies regarding income distribution, foreign investment, educ...
The Subject of Care
All people spend a considerable portion of their lives either as dependents or the caretakers of dependents. The fact of human dependency—a function of youth, severe illness, disability, or frail old age—marks our lives, not only as those who are cared for, but as those who engage in the work of caring. In spite of the time, energy and resources-material and emotional, social and individual-that dependency care requires, these concerns rarely enter into philosophical, legal, and political discussions. In The Subject of Care, feminist scholars consider how acknowledgement of the fact of dependency changes our conceptions of law, political theory, and morality, as well as our very conceptions of self. Contributors develop feminist understandings of dependency, reassessing the place dependency occupies in our lives and in a just social order.
Adjustment and Financing in the Developing World
This book, edited by Tony Killick, consists of papers presented at a seminar sponsored jointly by the IMF and the Overseas Development Institute, held in London, England, to discuss the problems facing the developing world in a global environment of high inflation rates and large payments imbalances.
IMF Staff papers
This paper analyzes determinants of the evolution of exchange rates within the context of alternative models of exchange rate dynamics. The overshooting hypothesis is examined in models that emphasize differential speeds of adjustment in asset and goods markets as well as in models that emphasize portfolio balance considerations. It is shown that exchange rate overshooting is not an intrinsic characteristic of the foreign exchange market and that it depends on a set of specific assumptions. It is also shown that the overshooting is not a characteristic of the assumption of perfect foresight, nor does it depend in general on the assumption that goods and asset markets clear at different speed...
Poverty and Sustainable Development in Asia
This joint publication from the Asian Development Bank and the Asian Development Bank Institute features selected papers from the September 2009 conference on the social and environmental impact of the global economic crisis on Asia and the Pacific, especially on the poor and vulnerable. The publication is designed with the needs of policy makers in mind, utilizing field, country, and thematic background studies to cover a large number of countries and cases. This publication suggests that the crisis is an opportunity to rethink the model of development in Asia for growth to become more inclusive and sustainable. Issues that need to be more carefully considered include: closing the gap of dualistic labor markets, building up social protection systems, rationalizing social expenditures, addressing urban poverty through slum upgrading, promoting rural development through food security programs in pro-poor growth potential areas, and concentrating climate change interventions on generating direct benefits for the environments of the poor.
Learning and Innovation in Economic Development
These essays identify the evolutionary processes and patterns of learning, capability-building and innovation in catch-up countries. They suggest that such economies have different patterns of learning from those of advanced countries. Kim uses the example of Korea to examine various industries.
