Growth in the 1990s: Pleasant in addition to Unpleasant Surprises Five disappointments How long How Deep Deep, long, in addition to variable Markets miss the mark on East Asia

Growth in the 1990s: Pleasant in addition to Unpleasant Surprises Five disappointments	 How long How Deep Deep, long, in addition to variable Markets miss the mark on East Asia www.phwiki.com

Growth in the 1990s: Pleasant in addition to Unpleasant Surprises Five disappointments How long How Deep Deep, long, in addition to variable Markets miss the mark on East Asia

Dojaque, Eleazar, General Assignment Reporter has reference to this Academic Journal, PHwiki organized this Journal Growth in the 1990s: Pleasant in addition to Unpleasant Surprises Presentation to ICRIER September 28, 2004 Five disappointments Length, depth, in addition to variance in the “transition recession” in the FSU/EE countries Severity in addition to intensity of the financial crises Argentina’s implosion Weakness of the response to re as long as m, particularly in Latin America Continued stagnation in Sub-Saharan Africa How long How Deep

Art Institute of Charlotte US www.phwiki.com

This Particular University is Related to this Particular Journal

Deep, long, in addition to variable Markets miss the mark on East Asia Collapse of convertibility in Argentina The Mexican debt crisis marked the end of one era, the Argentina crisis perhaps the end of another The severity given the collapse was not a surprise—it was design. What was surprising was that it collapsed in spite of every attempt to “pre-commit”

Growth came, but did not stay in Latin America, despite steady re as long as m progress The predicted “renaissance” in Africa recedes into the future While there are brief episodes of growth in some SSA countries, there is no “locomotive” to pull the rest along. This is a disappointment, but a surprise Growth in the 1990s: A Mixed Record (divergence “big time”) Lessons from the 1990s AFR ECA OECD LAC MNA SAR EAP

Four pleasant surprises Strong growth in the India, China, in addition to Vietnam. Robust progress in social indicators, in spite of low growth in many countries Resilience of the world economy to stresses Bright spots of continued growth Coal to Newcastle: Growth rates in India (per capita, PPP) The star per as long as mers in growth are middle of the pack in many indicators

Brazil has slow growth but substantial progress on enrollments—especially of the poor A pleasant surprise: the sky did not fall I would say the biggest misjudgment that I can remember making was the sense of profound pessimism about Russian economic re as long as m that I had in the fall of 1998, in addition to that if you had said that by 2003, they would be issuing Eurobonds at300 basis points spreads, I would have thought that its was absolute madness. Lawrence Summers, in Practitioners in Development Continued growth, in spurts The 1990s did see rapid growth in a number of countries Dominican Republic Ug in addition to a Pol in addition to Chile

What did we learn about growth Growth is enormously volatile over the medium run—with many booms in addition to busts—little growth persistence The “symptoms in addition to syndromes” emerge from growth regressions Centrality of “institutions” Growth is not steady, but is a series of episodes And from millions of growth regressions Syndromes

“Institutions” are central The first, overwhelming lessons we learned in the 1990s, is the transcendent importance of the quality of institutions in addition to the closely related question of the efficacy of the administration. Well- executed policies that are 30 percent off are much more effective than poorly executed policies that are spot on. Lawrence Summers, Practitioners in Development

Dojaque, Eleazar El Monitor Hispano General Assignment Reporter www.phwiki.com

Dojaque, Eleazar General Assignment Reporter

Dojaque, Eleazar is from United States and they belong to El Monitor Hispano and they are from  Phoenix, United States got related to this Particular Journal. and Dojaque, Eleazar deal with the subjects like City/Metropolitan News; Hispanic Interest; Local News

Journal Ratings by Art Institute of Charlotte

This Particular Journal got reviewed and rated by Art Institute of Charlotte and short form of this particular Institution is US and gave this Journal an Excellent Rating.