Sebastian Edwards
Capsule Review
Sep/Oct
2010
Twenty years ago, Edwards and Rudiger Dornbusch explained how populist largess and misconceived state intervention in Latin America led inevitably from initial euphoria to lasting regret. Here he updates his classic argument.
Comment
May/Jun
1999
Calls for capital controls are growing louder as battered emerging markets try to get back on their feet, but such measures are no substitute for real financial reform.
Essay
Mar/Apr
1997
The peso crisis was a wake-up call for Latin America. Reformist political leaders realize their support will erode if the economies of the region do not turn around. But building robust economies requires deeper reforms, at a time when the people suffer from acute reform fatigue. For rapid growth with rising real wages, export growth must be higher and value added to exports increase. To foster these, Latin America must address long-neglected weaknesses with a next generation of reforms in education, infrastructure, banking, and the civil service.
