This paper raises the question whether the current wave of macro-economic and structural reforms in Latin America should be viewed as a decisive change in the Continent's long-term development strategy or as part of but another stop-go cycle for which the Continent has been known in the past.

The purpose of this paper is to study the issue of macroeconomic control in China. The investigation is conducted within the context of an endogenous growth model that incorporates the major institutional features of the transforming Chinese economy.

This study compares actual dicrections of structural adjustment in the Russian Far East since the collapse of the former Soviet Union with estimated directions of adjustment that would be predicted to follow an opening of the region to the world market.

The structure of this paper is as follows: Scetion I is the an introduction. Section II provides an analysis of the initial condition of the former CPEs on the brink of transformation, and suggests why standard macroeconomic stabilisation policies may not be appropriate. section III records and...

This paper seeks to explain, why Russian (and CIS) economic transformation was neither a shock therapy nor a gradual transition case, but instead followed a sort of middle-ground inconsistent shock therapy path.

The purpose of this study, is to contribute to economics research capacity development in South Africa by informing AERC's institutional strategy. The study examines existing and planned research capacity, identifies priority macroeconomic research issues as perceived by the South African...