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Economic Policy Reform: The Second Stage
 
 
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Economic Policy Reform: The Second Stage [Hardcover]

Anne O. Krueger (Editor)

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Book Description

0226454479 978-0226454474 November 15, 2000 1
In the 1980s, the formerly planned markets of the Soviet Union and Eastern Europe and the developing nations of Latin America and East Asia embarked upon unprecedented efforts to alter their economic regimes. These first-stage reforms involved a major reconceptualization of the principal elements of the economy, private property, and trade. But in the wake of these reforms, the need for second-stage reforms—the implementation of more structural changes—arose; without the development of new regulatory agencies, tax reform initiatives, adjustments to trade policies, and enhancements in education, labor, and telecommunications, the prospects for economic growth engendered during the first-stage reforms might not be realized.

Economic Policy Reform: The Second Stage provides an incisive overview of the context of these crucial second-stage reforms with a thorough examination of the issues confronting the policymakers involved. Edited by Anne O. Krueger, it features studies from distinguished experts in various fields of economics. Each chapter of this book addresses a key issue in economic policy, examines the progress of reforms in the markets considered, and then explores what research might further aid leaders as they embark on fundamental changes.

Both a handbook for economists and practitioners and a theoretical exploration of the most significant challenges currently facing the economic world, this new book will be indispensable to anyone involved in the global economic scene.

Contributors:
Vittorio Corbo
Cimon Cowan
Sebastian Edwards
Stephan Haggard
Michael Kremer
Steven Matusz
Frederic S. Mishkin
Jonathan Morduch
Roger G. Noll
Miguel A. Savastano
T. Paul Shultz
Mary M. Shirley
T.N. Srinivasan
Joseph E. Stiglitz
Vito Tanzi
David Tarr
Aaron Tornell

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Editorial Reviews

Review

"Anne Krueger has assembled and deftly summarized an excellent set of papers on the major issues in economic reform in developing countries at the turn of the century." - Stanley Fischer, International Monetary Fund "Anne Krueger, a world-class economist, has been both prolific and profound in her own writings, but her Schumpeterian activities in organizing superb conference volumes with important themes have also been notable. This volume on economic reform, still an overriding agenda for developing countries, is the latest of her triumphs." - Jagdish Bhagwati, editor of The Economics of Preferential Trade Agreements

From the Inside Flap

In the 1980s, the formerly planned markets of the Soviet Union and Eastern Europe and the developing nations of Latin America and East Asia embarked upon unprecedented efforts to alter their economic regimes. These first-stage reforms involved a major reconceptualization of the principal elements of the economy, private property, and trade. But in the wake of these reforms, the need for second-stage reforms—thechanges—arose implementation of more structural changes-arose; without the development of new regulatory agencies, tax reform initiatives, adjustments to trade policies, and enhancements in education, labor, and telecommunications, the prospects for economic growth engendered during the first-stage reforms might not be realized.

Economic Policy Reform: The Second Stage provides an incisive overview of the context of these crucial second-stage reforms with a thorough examination of the issues confronting the policymakers involved. Edited by Anne O. Krueger, it features studies from distinguished experts in various fields of economics. Each chapter of this book addresses a key issue in economic policy, examines the progress of reforms in the markets considered, and then explores what research might further aid leaders as they embark on fundamental changes.

Both a handbook for economists and practitioners and a theoretical exploration of the most significant challenges currently facing the economic world, this new book will be indispensable to anyone involved in the global economic scene.

Contributors:
Vittorio Corbo
Cimon Cowan
Sebastian Edwards
Stephan Haggard
Michael Kremer
Steven Matusz
Frederic S. Mishkin
Jonathan Morduch
Roger G. Noll
Miguel A. Savastano
T. Paul Shultz
Mary M. Shirley
T.N. Srinivasan
Joseph E. Stiglitz
Vito Tanzi
David Tarr
Aaron Tornell

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Inside This Book (learn more)
First Sentence:
Since the mid-1980s, a number of developing countries and economies in transition have been engaged in unprecedented efforts to alter their economic policy regimes. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
extrabudgetary institutions, mandated fringe benefits, private mafias, asymmetric information framework, infrastructural industries, milking effect, asymmetric information analysis, nominal exchange rate regimes, preventing financial crises, interconnection prices, real exchange rate misalignment, productive investment opportunities, antiexport bias, incumbent monopolist, labor market reforms, uninsured creditors, unitary control, teacher incentives, connected lending, moral hazard incentives, exchange rate behavior, uninsured depositors, water reform, financial market reform, interconnection pricing
Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Latin America, New York, Buenos Aires, Mexico City, Sri Lanka, Working Paper, Oxford University Press, International Monetary Fund, South Asia, American Economic Review, National Bureau of Economic Research, Cambridge University Press, East Asian, New Zealand, University of Chicago Press, Stanford University, United Kingdom, Paul Schultz, Inter-American Development Bank, Johns Hopkins University Press, Journal of Development Economics, Journal of Economic Perspectives, Yale University, Brookings Institution
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