Gunatilaka, Ramani and Marr, Ana ORCID: https://orcid.org/0000-0002-8764-5682 (1998) Conditionality and adjustment in South East Asia and Latin America. In: Marr, Ana ORCID: https://orcid.org/0000-0002-8764-5682, Killick, Tony and Gunatilaka, Ramani, (eds.) Aid and the Political Economy of Policy Change. Routledge, London / New York, pp. 53-84. ISBN 978-0-415-18705-3 (paperback), 978-0-415-18704-6 (hardback), 978-0-203-44653-9 (electronic) (doi:10.4324/9780203446539.ch3)

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Abstract

In this chapter, the authors provide a detailed look at the adjustment experiences of two important regions, examining the role which conditionality played in those experiences.
There are particular reasons for choosing these regions. There has been remarkably little discussion of adjustment in South-East Asia eventhough it is regarded as possessing very flexible economies. With the exception of Philippines, theirs was a largely silent adjustment and a highly successful too. Latin America is different. Until the early 1980s, many Latin American countries had inflexible policies and economies, resistant to the new doctrines of adjustment (although Chile was an early exception). Over the last decade and a half, however, there has been a major reversal in attitudes to economic management, as well as some recovery in economic fortunes.

Item Type:	Book Section
Additional Information:	[1] Chapter 3. In addition to co-authoring, with Ramani Gunatilaka, the third chapter of this book, Ana Marr and Ramani Gunatilaka were co-authors of book with Tony Killick. [2] Copyright - Overseas Development Institute, London, UK.
Uncontrolled Keywords:	conditionality, economy, adjustment, South East Asia, Latin America
Subjects:	H Social Sciences > HB Economic Theory H Social Sciences > HG Finance J Political Science > JA Political science (General)
Faculty / School / Research Centre / Research Group:	Faculty of Engineering & Science > Natural Resources Institute Faculty of Engineering & Science > Natural Resources Institute > Food & Markets Department Faculty of Business > Department of International Business & Economics
Related URLs:	Publisher Organisation Organisation
Last Modified:	22 Oct 2020 17:09
URI:	http://gala.gre.ac.uk/id/eprint/8124

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