This document was prepared in the context of the Program for the "Improvement of Surveys and the Measurement of Living Conditions in Latin America and the Caribbean" (ISLC/MECOVI). Bolivia ranks among Latin America's so-called "early adjusters". While Bolivia's economic reforms, which began in...

This paper identifies Chile's economic weaknesses and offers policy recommendations for increasing stability. Current problems include weak international financial links, a Central Bank mandate that is ill-designed to deal with terms of trade shocks, a propensity to waste scarce liquidity in the...