TY  - JOUR
AU  - Dornbusch,Rudiger
TI  - From Stabilization to Growth
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 3302
PY  - 1990
Y2  - March 1990
UR  - http://www.nber.org/papers/w3302
L1  - http://www.nber.org/papers/w3302.pdf
N1  - Author contact info:
Rudiger Dornbusch
AB  - The 1980s were a lost decade for Latin America, will the 1990s also be lost? For some countries stabilization has not even started. In other countries the stabilization accomplishments remain tentative and vulnerable. And even those countries that have established firmly a new path for their economic management are still waiting for economic growth to return. The hardest part of stabilization is the transition to growth. Even with major adjustment efforts in place, growth does not resume spontaneously. If the lack of recovery is due to a coordination failure than market forces cannot resolve the difficulty, a mechanism must be found to bring about the coordination.
ER  -