DEBT CRISIS, TRADE LIBERALIZATION, STRUCTURAL ADJUSTMENT, AND GROWTH: SOME POLICY CONSIDERATIONS

Sebastian Edwards

Contemporary Economic Policy, 1989, vol. 7, issue 3, 30-41

Abstract: This paper analyzes some dynamic aspects of trade liberalization reforms within the context of the debt crisis. In particular, the paper discusses issues concerning intensity of liberalization, speed of trade reform, and the interaction between liberalization and stabilization. It deals with analytical issues and draws from the empirical experiences of some highly indebted Latin American countries.

Date: 1989
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