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Trade reform in Latin America and the Caribbean.

By:

ALAM, Asad

Material type: Text

TextPublication details: 1993Action note:

3/7/00 M2LMGR

Summary: Discusses trade reforms introduced during the 1980s in 16 Latin American and Caribbean countries which were suffering from large debt over-hangs, decling output, balance of payments problems, falling foreign exchange reserves, and high inflation. Concludes that the best way to ensure sustainability is to promote and maintain a stable macroeconomic environment through prudent fiscal management, economic deregulation, financial sector reforms, and greater competition.

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Discusses trade reforms introduced during the 1980s in 16 Latin American and Caribbean countries which were suffering from large debt over-hangs, decling output, balance of payments problems, falling foreign exchange reserves, and high inflation. Concludes that the best way to ensure sustainability is to promote and maintain a stable macroeconomic environment through prudent fiscal management, economic deregulation, financial sector reforms, and greater competition.

3/7/00 M2LMGR

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