Titlebook: Openness and Development; Yearbook of Economic Franz Peter Lang,Renate Ohr Conference proceedings 1996 Springer-Verlag Berlin Heidelberg 19

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Change in Development Strategies in Latin America — Another Transitory Move Towards an Open Market S views expressed by the so-called “Washington Consensus” (. 1990). The underlying paradigm of this consensus, in turn, is the “strategy of export-oriented development” which has been practiced most widely and successfully in East Asia (see . 1993a). During the early 1990s the apparent success of the

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Which Target for Exchange Rate Policy in Developing Countries: Stability or Competitivenessialized countries. There is hardly any contribution on this issue which denies the importance of a stable and competitive currency as a precondition for reaching such a stable growth path. However, there is no consensus on an appropriate exchange rate regime for developing countries which delivers b

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Exchange Rate Policy in Eastern Europeries is far from complete. The increased openness and integration into free enterprise practices requires on the one hand further liberalisation measures through privatisation, deregulation and the removal of barriers to trade. On the other, functional, liberalised capital markets must be establishe

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