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Developing Countries' Anti-cyclical Policies in a Globalizing World

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This paper looks at the role of developing countries’ domestic policies in managing externally generated boom-bust cycles. It draws upon an extensive list of recent literature on the subject and upon the experience of Latin America in the 1990s. The discussion is divided into seven sections. The first looks at the macroeconomics of boom-bust cycles in the developing world. The following sections look at the exchange rate regime, liability policies, prudential regulation and supervision, and fiscal stabilization. The final section draws some conclusions.
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Details:

Agency/Department
UN/Economic Commission for Latin America and the Caribbean
Print ISBN
9789211213560
Print Publication Date
Page Count
40
Print Sales Number
02.II.G.60
Series Title
Informes y Estudios Especiales

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