Stiglitz: Alternatives to the Washington Consensus

Dennis Robert Redmond dredmond at efn.org
Sat Oct 5 18:02:37 PDT 2002


On Fri, 4 Oct 2002, Bradford DeLong wrote:


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

Turkey would beg to differ. Thailand and Indonesia were rescued by East Asian socialism, a.k.a. the Miyazawa plan.

-- Dennis



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