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Working Paper
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– India
India's first two bouts of orthodox stabilization policy following independence were quite different. The first, prompted by a prolonged drought at home and the wars with China in 1962 and Pakistan in 1965, was relatively mild in form. The rupee was devalued, the elaborate panoply of export...
Working Paper
pdf
– Nicaragua
Although the economy expanded very rapidly in the 1960s and 1970s, with the manufacturing sector growing three-fold, the great majority of the people were excluded not only from the fruits of this economic progress but also from any participation in the political process. This was adapted to serve...
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