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Publications (3)
Book Chapter
From the book:
Falling Inequality in Latin America
Blog
Tony Addison A visit to Buenos Aires in September provided a good vantage point to look at the euro zone’s deepening crisis. Angle readers will recall that Argentina went through a painful adjustment process some ten years ago. This culminated in the peso being forced off its peg to the US dollar in...
Working Paper
pdf
– Lessons from China
Using a survey of 300 state-owned enterprises (SOEs), we argue that the acceleration of inflation in China after 1984 was caused by the decentralization reforms in the state sector. These reforms allowed the SOEs to realize their innate tendencies to over-consume and over-invest. The evidence...
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