The structural-adjustment debate

Article Abstract:

The 1992 World Bank Review of Adjustment Lending reveals that adjustment lending works, that it is most successful in middle-income countries and that growth-oriented reforms take time to show results. Problems with adjustment lending include its adverse effects on the poor, the high degree of austerity that it imposes and its support of misguided policies. Some policies that succeeded in East Asia have not worked well elsewhere.

Noncommercial research organizations, Research, Reports, World Bank, Economic stabilization, Foreign loans

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International financial crises: causes, prevention and cures

Article Abstract:

Sound financial systems are important, but large-scale accidents can occur. Capital flows bring gains, and ways of preventing and tackling financial crises are assessed.

Analysis

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The near crash of 1998: crisis and risk management

Article Abstract:

The impact of the world financial crisis of 1998, including developments in Russia, are assessed in detail.

Management, Risk (Economics), Russia

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