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Structural Aspects of the East Asian Crisis

1999

The once booming dynamic economies in Asia were drawn into a whirlpool of business failures and economic devastation following the flotation of the Thai baht in July 1997, and the consequent collapse of asset prices and currency depreciations in several East Asian countries. High growth in these...

Persistent link: https://www.econbiz.de/10012448635

Challenges to fiscal adjustment in Latin America : the cases of Argentina, Brazil, Chile and Mexico

Mello, Luiz R. de (contributor) - 2006

Persistent link: https://www.econbiz.de/10003289535

Challenges to Fiscal Adjustment in Latin America : The Cases of Argentina, Brazil, Chile and Mexico

2006

This volume discusses progress made to date in Argentina, Brazil, Chile and Mexico in putting their finances in order …. The chapter on Argentina debunks the view that fiscal management in the 1990s was irresponsible, arguing instead that the … “skeletons” in the closet. The chapter on Brazil makes a case for a more entrenched culture of fiscal austerity to make the …

Persistent link: https://www.econbiz.de/10012447611

Challenges to Fiscal Adjustment in Latin America : The Cases of Argentina, Brazil, Chile and Mexico

2006

Despite considerable progress made by Latin America's biggest economies in putting their finances in order, numerous challenges remain.  Public spending needs to incorporate more flexibility, ageing populations and social demands threaten future pressures on expenditure, and social and...

Persistent link: https://www.econbiz.de/10015054579

Pushing ahead with reform in Korea : labour market and social safety-net policies

2000

Persistent link: https://www.econbiz.de/10001508493

Pushing Ahead with Reform in Korea : Labour Market and Social Safety-net Policies

2000

At the end of 1997, Korea was hit by a major financial and economic crisis, which resulted, among other things, in a huge rise in unemployment. The event caught the country’s labour and social institutions unprepared, so that many workers and their families were hit hard. The economy has now...