International Finance and the Developing Economies

Front Matter....Pages i-ix
Conducting Macroeconomic Policy in Developing Countries: Piece of Cake or Mission Impossible?....Pages 1-13
External Financing and Balance of Payments Adjustment in Developing Countries: Getting a Better Policy Mix....Pages 14-33
Where do we Stand on Choosing Exchange Rate Regimes in Developing and Emerging Economies?....Pages 34-50
Is Dollarisation a Viable Option for Latin America?....Pages 51-59
What Happened to the Washington Consensus?....Pages 60-73
Miracle to Meltdown: A Pathology of the East Asian Financial Crisis....Pages 74-91
The International Monetary Fund and Developing Countries: A Review of the Evidence and Policy Options....Pages 92-124
Remodeling the Multilateral Financial Institutions....Pages 125-140
How Important is Sound Domestic Macroeconomics in Attracting Capital Inflows to Developing Countries?....Pages 141-168
Convertibility and Volatility: The Pros and Cons of Liberalising the Capital Account....Pages 169-180
Coping with, and Cashing in on, International Capital Volatility....Pages 181-203
The Catalytic Effect of Lending by the International Financial Institutions....Pages 204-226
The Political Economy of Foreign Aid: Fatigue or Regeneration?....Pages 227-248
Economic Assistance to Low-Income Countries: Should the Link be Resurrected?....Pages 249-272
Debt Relief for Low-Income Countries: Is it Effective and Efficient?....Pages 273-288
Back Matter....Pages 289-317