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THE BRADY PLAN AND MARKET-BASED SOLUTIONS TO DEBT CRISES
BRADY PLAN MARKET-BASED SOLUTIONS DEBT CRISES
2008/11/19
At the end of the 1980s—the so-called “lost decade” in Latin
America—the incoming Bush administration devised the Brady Plan,
a new U.S. strategy that emphasized debt-forgiveness for highly
indebte...
FISCAL CONSERVATISM, EXCHANGE RATE FLEXIBILITY, AND THE NEXT GENERATION OF DEBT CRISES
FISCAL CONSERVATISM EXCHANGE RATE FLEXIBILITY DEBT CRISES
2008/11/6
Despite all the invective hurled at international financial markets
by critics of the “Washington Consensus,” the fact is that strong
healthy financial markets are essential for middle-income countr...
INSTITUTIONAL REFORM AND SOVEREIGN DEBT CRISES
INSTITUTIONAL REFORM SOVEREIGN DEBT CRISES International Monetary Fund
2008/11/6
In this brief article, I want to offer some ideas for reforms of the
International Monetary Fund (IMF). This subject is complicated, and
it is very difficult to do justice to in the space available,...