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OverviewThe 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 stated goals: current account and balance-of-payments improvements and inflation rate reduction. Dr. Pastor argues that the traditional growth-oriented critique is theoretically misplaced, and he recasts Fund activities in terms of class and income distribution. Applying the methodology of previous Fund studies, he evaluates the effects of IMF programs in eighteen Latin American countries in the pre-crisis period (1965-1981). Full Product DetailsAuthor: Manuel Pastor , Manuel Pastor Jr , Manuel Pastor JrPublisher: Taylor & Francis Ltd Imprint: Routledge Weight: 0.462kg ISBN: 9780367293192ISBN 10: 0367293196 Pages: 228 Publication Date: 11 September 2019 Audience: College/higher education , General/trade , Tertiary & Higher Education , General Format: Hardback Publisher's Status: Active Availability: In Print This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsReviewsAuthor InformationManuel Pastor is professor of Latin American and Latino studies at the University of California-Santa Cruz. An economics Ph.D. from the University of Massachusetts, Amherst, his research on Latin American issues has focused on such issues as distribution and stabilization, the political economy of trade reform, and the dynamics of transition in Cuba, and has been published in journals such as International Organization, World Development, Journal of Development Economics, Journal of Latin American Studies, and Latin American Research Review. Tab Content 6Author Website:Countries AvailableAll regions |