After the Washington Consensus: Restarting Growth and Reform in Latin America by John Williamson (Editor), Pedro-Pablo Kuczynski, Pedro-Pablo Kuczynski (Editor), John Williamson (Editor)

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Synopsis

Rejecting the notion that the neoliberal reforms pushed on the Latin American countries are the cause of the current dire economic crisis ravaging the region, Kuczynski (president, Latin America Enterprise Fund LP) and Williamson (a senior fellow at the Institute for International Economics) advocate for greater reform in institutional and financial policy. They present 11 separately authored but linked chapters that urge the extension of "first-generation" reforms, including the establishment of regional bodies to set financial policies, the extension of labor market "flexibility," the expansion of privatization, and the strengthening of property rights. Annotation ©2003 Book News, Inc., Portland, OR

Biography

John Williamson, Senior Fellow since 1981, was economics professor at Pontifíca Universidade Católica do Rio de Janeiro (1978-81), University of Warwick (1970-77), Massachusetts Institute of Technology (1967, 1980), University of York (1963-68), and Princeton University (1962-63). He also served as adviser to the International Monetary Fund (1972-74); and Economic Consultant to the UK Treasury (1968-70), and Chief Economist for the South Asia Region of the World Bank (1996-99). He has published numerous studies on international monetary and developing world debt issues, including Exchange Rate Regimes for Emerging Markets: Reviving the Intermediate Option (2000), The Crawling Band as an Exchange Rate Regime (1996), What Role for Currency Boards? (1995), Estimating Equilibrium Exchange Rates (1994), The Political Economy of Policy Reform (1993), Latin American Adjustment: How Much Has Happened? (1990), and Targets and Indicators: A Blueprint for the International Coordination of Economic Policy with Marcus Miller (1987).