The macroeconomics of populism / Rudiger Dornbusch, Sebastian Edwards -- The political economy of Latin American populism / Robert R. Kaufman, Barbara Stallings -- Populism, profligacy, and redistribution / Eliana Cardoso, Ann Helwege -- Description of a populist experience: Argentina, 1973-1976...

For dozens of developing countries, the financial upheavals of the 1980s have set back economic development by a decade or more. Poverty in those countries have intensified as they struggle under the burden of an enormous external debt. In 1988, more than six years after the onset of the crisis,...

Capital mobility is a double-edged sword for emerging economies, as governments must weigh the benefits of investment against the potential economic costs and political consequences of currency crises, devaluations, and instability. Financial Markets Volatility and Performance in Emerging...

As the recent Mexican crisis vividly illustrates, Latin American countries often go through boom-bust cycles caused by both domestic policies and external shocks. Such cycles are typically magnified by weak banking systems which intermediate large capital inflows. This paper develops a simple...