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Acceso libre

UCHILE
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Finanzas & Desarrollo

2003, v. 40, n. 3

  • Página 9-13
    Autor/es: Jeremy Clift
    Título: Redrafting the Reform Agenda. Bond the Washington Consensus.
    Resumen: In 1989, economist John Williamson coined the term Washington Consensus. It referred to a set of reforms that many economists and policymakers believed Latin America would have to undertake to recover economically from the debt crisis of the 1980s. The re


  • Página 10-13
    Autor/es: John Williamson
    Título: From Reform Agenda to Damaged Brand Name.
    Resumen: The author of the term Washington Consensus explains how he came up with the 10-point reform package set forth in the Consensus. He says the term has acquired such different meanings that it is time to drop it from the vocabulary and describes what the po


  • Página 14-17
    Autor/es: Guillermo Ortiz.
    Título: Latin America: Overcoming Reform Fatigue.
    Resumen: The governor of Mexico's central bank talks about the disappointing results of the "first-generation" reforms of the Washington Consensus and emphasizes the importance of "second-generation reforms"—building the right institutional fra


  • Página 18-23
    Autor/es: Trevor A. Manuel.
    Título: Africa: Finding the Right Path.
    Resumen: South Africa's Minister of Finance says that some of the reforms in the Washington Consensus did not apply to Africa the way they did to Latin America, and that the Washington Consensus failed to address three of Africa's main problems: the dual e


  • Página 24-27
    Autor/es: Andrew Berg, Eduardo Borensztein, and Paolo Mauro.
    Título: Monetary Regime Options for Latin America.
    Resumen: What exchange rate and monetary regime a country should choose is a perennial question for many governments, particularly in Latin America. Should the region adopt a common currency, or are floating exchange rates a better choice?


  • Página 28-31
    Autor/es: Jorge Iván Canales-Kriljenko, Roberto Guimarães, Shogo Ishii, and Cem Karacadað.
    Título: Riding the Tiger.
    Resumen: Intervention in foreign exchange markets is an important tool for central banks. In developing countries with flexible exchange rate regimes, central banks intervene to correct misalignments or stabilize the exchange rate, calm disorderly markets, accumul


  • Página 32-35
    Autor/es: Salim M. Darbar, R. Barry Johnston, and Mary G. Zephirin.
    Título: Assessing Offshore Financial Centers.
    Resumen: Offshore financial centers pose a potential risk to other financial systems and yet are often not subject to the same regulatory and supervisory standards as onshore centers. The IMF has designed a program that many OFCs are now participating in, increasi


  • Página 36-41
    Autor/es: Peter S. Heller.
    Título: Who Will Pay?
    Resumen: Time is ticking away to solve a host of long-term fiscal challenges posed by, among other things, aging populations, climate change, the growing interconnectedness of the global economy, security issues, and technological changes.


  • Página 42-45
    Autor/es: Paul K. Freeman, Michael Keen, and Muthukumara Mani.
    Título: Being Prepared.
    Resumen: Poor countries are being hit the hardest by natural disasters, which have become more frequent and more destructive. What kinds of physical and financial measures can they take to protect themselves when a natural disaster strikes?


  • Página 46-47
    Autor/es: James Boughton and Zia Qureshi.
    Título: Staying on Track.
    Resumen: The World Bank, the IMF, and partner agencies have developed a framework for monitoring progress toward the Millennium Development Goals.


  • Página 48-51
    Autor/es: Shantayanan Devarajan and Ritva Reinikka.
    Título: Making Services Work for Poor People.
    Resumen: To escape from poverty, the poor in developing countries need more access to, and more control over, essential services like health care, education, clean water, and sanitation.