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100			_aRANIS, Gustav
245			_aWill Latin America now put a stop to 'stop-and-go'?
260			_c1996
520			_aNotes that stop-and-go cycles, where the 'stop' phase of price stability, stable exchange rates and export bonanzas, was regularly followed by the 'go' phases of inflation, depreciating curencies, and collapse of exports, have been a central feature of the Latin American economic landscape. Argues that the abundance of natural resources and inflows of easy foreign capital have permitted Latin American countries to delay the micro-economic reform that are needed if this region is to be free of these deleterious cycles.
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