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External liberalization in Asia, post socialist Europe, and Brazil / Lance Taylor

By: Material type: TextTextPublication details: Oxford : Oxford University Press, 2006Description: x, 506p, 26cmISBN:
  • 0195189329
Subject(s): DDC classification:
  • 382.3 TAY
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This book reviews the experience of 14 countries with external liberalization and related policies. 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 book brings a wealth of insight into authors' 'thick descriptions' about how diverse economies responded to rather similar 'reform' packages and offer lessons about ongoing institutional change. It also suggests policy shifts that may help make economic performance better in the future than it has been in the past.

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