<DIV>The debt crisis of 1982 caused serious economic disruptions in most developing countries. <I>Reform, Recovery, and Growth</I> explains why some of these countries have recovered from the debt crisis, while more than a decade later others continue to stagnate.<BR><BR>Among the questions addressed are: What are...</i></div>

<DIV>Again and again, Latin America has seen the populist scenario played to an unfortunate end. Upon gaining power, populist governments attempt to revive the economy through massive spending. After an initial recovery, inflation reemerges and the government responds with wage an price controls....</div>

Macroeconomic populism is an approach to economics that emphasizes growth and income distribution and deemphasizes the risks of inflation and deficit finance, external constraints and the reaction of economic agents to aggressive non-market policies. The purpose of our paper is to show that...

By populism, this paper refers to an economic approach that emphasizes growth and income redistribution and deemphasizes the risks of inflation and deficit finance, external constraints and the reaction of economic agents to aggressive nonmarket policies. It analyzes two instances of populism -...