External Liberalization in Asia, Post-Socialist Europe, and Brazil
This book reviews the experience of 14 countries with external liberalization and related policies, based on papers written by national authors following a common macroeconomic methodology. The country papers show clearly how trade and capital account liberalization along with changes in the real exchange rate affected demand, productivity, and employment at the country level. They also trace through shifts in the overall income distribution and the incidence of poverty. The authors of the papers bring a wealth of insight into their 'thick descriptions' a la Clifford Geertz's famous Balinese cockfight about how diverse economies responded to rather similar 'reform' packages and offer lessons about ongoing institutional change. They also suggest policy shifts that may help make economic performance better in the future than it has been in the past.
- Hardback | 528 pages
- 188 x 254 x 45.7mm | 1,111.31g
- 02 Feb 2006
- Oxford University Press
- Oxford, United Kingdom
- Numerous tables and line drawings
About Lance Taylor
Lance Taylor is the Arnhold Professor of International Cooperation and Development and Director of the Center for Economic Policy Analysis at the New School University. He received a BS degree with honors in mathematics from the California Institute of Technology in 1962 and a Ph.D. in economics from Harvard University in 1968. He then became a professor in the economics departments at Harvard and the Massachusetts Institute of Technology, as well as being a visiting professor at the University of Minnesota, the Universidade da Brasilia, Delhi University, and the Stockholm School of Economics. He moved to the New School in 1993.