Publisher's Synopsis
"Debt, Adjustment and Recovery" analyses some of the most important aspects of Latin America's debt crisis. Its chapters present the causes of the crisis and prospects for a solution. The analyses are mainly forward-looking and try to envisage possible patterns of development in Latin America in the post-crisis era.;The book is divided into two parts: the first includes chapters dealing with general aspects of the crisis. They include a historical analysis of the 1930s and a theoretical evaluation of Latin America's political constraints for growth. The second part deals with specific country studies that cover the most important debtors - Argentina, Brazil, Mexico, Chile and Colombia. The contributors include Eliana Cardosa, William Cline, Rudiger Dornbusch, Barry Eichengreen, Carlos Rodriguez and John Williamson.
