{"product_id":"9780226302683","title":"Latin American Macroeconomic Reforms: The Second Stage","description":"Hidden behind a number of economic crises in the mid- to late 1990s-including Argentina's headline-grabbing monetary and political upheaval-is that fact that Latin American economies have, generally speaking, improved dramatically in recent years. Their success has been due, in large part, to macroeconomic reforms, and this book brings together prominent economists and policymakers to assess a decade of such policy shifts, highlighting both the many success stories and the areas in which further work is needed. Contributors offer both case studies of individual countries and regional overviews, covering monetary, financial, and fiscal policy.\u003cbr\u003e \u003cbr\u003e Contributors also work to identify future concerns and erect clear signposts for future reforms. For instance, now that inflation rates have been stabilized, one suggested \"second stage\" monetary reform would be to focus on reducing rates from high to low single digits. Financial sector reforms, it is suggested, should center on improving regulation and supervision. And, contributors argue, since fiscal stability has already been achieved in most countries, new fiscal reforms need to concentrate on institutionalizing fiscal discipline, improving the efficiency and equity of tax collection, and modifying institutional arrangements to deal with increasingly decentralized federal systems.\u003cbr\u003e \u003cbr\u003e The analysis and commentary in this volume-authored not only by academic observers but by key Latin American policymakers with decades of firsthand experience-will prove important to anyone with an interest in the future of Latin American's continuing economic development and reform.\u003cbr\u003e \u003cbr\u003e Contributors to this volume:\u003cbr\u003e \u003cbr\u003e José Antonio González, Stanford University\u003cbr\u003e Anne O. Krueger, International Monetary Fund\u003cbr\u003e Vittorio Corbo, Pontifical Catholic University, Chile\u003cbr\u003e Klaus Schmidt-Hebbel, Central Bank of Chile\u003cbr\u003e Alejandro Werner, Bank of Mexico\u003cbr\u003e Márcio G. P. Garcia, Pontifical Catholic University, Rio\u003cbr\u003e Tatiana Didier, World Bank\u003cbr\u003e Gustavo H. B. Franco, former president, Central Bank of Brazil\u003cbr\u003e Francisco Gil Díaz, Minister of the Treasury, Mexico\u003cbr\u003e Roberto Zahler, former governor, Central Bank of Chile\u003cbr\u003e Ricardo J. Caballero, Massachusetts Institute of Technology\u003cbr\u003e Philip L. Brock, University of Washington\u003cbr\u003e Stephen Haber, Stanford University\u003cbr\u003e Pablo E. Guidotti, Universidad Torcuato Di Tella, Buenos Aires\u003cbr\u003e Vito Tanzi, International Monetary Fund\u003cbr\u003e Enrique Dávila, Ministry of Finance, Mexico\u003cbr\u003e Santiago Levy, Mexican Social Security Institute\u003cbr\u003e Ricardo Fenochietto, private consultant, Buenos Aires\u003cbr\u003e Rogério L. F. Werneck, Pontifical Catholic University, Rio\u003cbr\u003e Carola Pessino, Universidad Torcuato di Tella, Buenos Aires\u003cbr\u003e Michael Michaely, Hebrew University of Jerusalem","brand":"University of Chicago Press","offers":[{"title":"Default Title","offer_id":47106972385520,"sku":"9780226302683","price":127.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9780226302683_p0.jpg?v=1763674197","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9780226302683","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}