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DEBT CRISIS, TRADE LIBERALIZATION, STRUCTURAL ADJUSTMENT, AND GROWTH: SOME POLICY CONSIDERATIONS
Author(s) -
EDWARDS SEBASTIAN
Publication year - 1989
Publication title -
contemporary economic policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.454
H-Index - 49
eISSN - 1465-7287
pISSN - 1074-3529
DOI - 10.1111/j.1465-7287.1989.tb00567.x
Subject(s) - economics , debt crisis , liberalization , international economics , free trade , context (archaeology) , latin americans , debt , macroeconomics , monetary economics , market economy , political science , paleontology , biology , law
This paper analyzes some dynamic aspects of trade liberalization reforms within the context of the debt crisis. In particular, the paper discusses issues concerning intensity of liberalization, speed of trade reform, and the interaction between liberalization and stabilization. It deals with analytical issues and draws from the empirical experiences of some highly indebted Latin American countries.