Stiglitz: Alternatives to the Washington Consensus

Bradford DeLong jbdelong at uclink.berkeley.edu
Fri Oct 4 12:28:39 PDT 2002

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>... the IMF ... It is also
>rethinking the use of bail-outs, which have proved largely unsuccessful,

What is he thinking of? "Bailouts" worked relatively well in Mexico, Brazil, Korea, Thailand, and--I would argue--made things less bad in Indonesia.

Brad DeLong