External Debt, Savings and Growth in Latin America: Papers Presented at a Seminar Sponsored by the International Monetary Fund and the Instituto Torcuato di Tella, held in Buenos Aires on October 13-16, 1986

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Ms.Ana María Martirena-Mantel
International Monetary Fund, 1987. 1. 15. - 227페이지
Edited by Ana María Martirena-Mantel, this volume, published in Spanish and English, contains the papers presented at a seminar sponsored jointly by the IMF and the Instituto Torcuato di Tella of Argentina. The seminar was held in Don Torcuato, near Buenos Aires. The volume consists of six papers, commentaries, and an overview by the editor, who also acted as moderator at the seminar.

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Introduction and Overview
1
Choice of Growth Strategy
9
Fiscal Policy Growth and Design of Stabilization Programs
15
Observations
22
Debt Crisis and Its Consequences for Developing Countries
33
Conclusions
49
Impact on Debtor Countries of World Economic Conditions
60
Real Exchange Rate and Inflation
67
Bias Against Exports
103
Conclusions
110
Comments
114
Fiscal Policy Growth and Design of Stabilization Programs
121
Fiscal Policy and Design of Fund Programs
131
Concluding Remarks
137
Implementation and Results
160
Impact on Adjustment Program
168

Solutions to Debt and Growth Problems?
79
References
86
Trade Regimes and Export Promotion
95

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