The deregulation of domestic financial markets and the capital account in developing countries has frequently been associated with financial turmoil and macro volatility. The book analyzes the experiences of several countries, drawing implications for building development-friendly domestic and...

This book offers insights into the process of economic reform in developing countries. It is organized around three factors that are critical to the success of any reform. According to Nobel Laureate Amartya Sen, these key dimensions are Reach, Range, and Reason. "Reach" refers to the ability of...

This review of Chile's environmental policies and performance, carried out in co-operation with the UN Economic Commission for Latin America and the Caribbean, systematically examines Chile's performance and policy with regards to air, water, nature conservation, and biodiversity. It also...