Publisher's Synopsis
These studies describe how measures to control inflation have been implemented in Bolivia, Chile, Argentina, Brazil, Israel, Mexico, Turkey and Yugoslavia.;In discussing which of these measures have succeeded and which ones have failed, the authors go beyond the mormative approach taken in most studies of stabilization to focus on political incentives and constraints on actual policymaking. The data they provide make this a collective exploration of contemporary efforts at stabilization and structural adjustment.;In the 1980s each of the countries considered suffered from inflation brought on by externally generated economic shocks and by mounting debt. Various strategies to control inflation and to achieve economic stabilization have met with different levels of success. The strategies tried in Brazil and Argentina worked only temporarily; the policies of Israel, Mexico and Bolivia succeeded, although these countries' transitions to sustainable growth are not yet certain.
