RES: Stiglitz: Alternatives to the Washington Consensus

Alexandre Fenelon afenelon at zaz.com.br
Sat Oct 5 18:17:30 PDT 2002


-----Mensagem original----- De: owner-lbo-talk at lists.panix.com [mailto:owner-lbo-talk at lists.panix.com]Em nome de Dennis Robert Redmond Enviada em: sábado, 5 de outubro de 2002 22:03 Para: lbo-talk at lists.panix.com Assunto: Re: Stiglitz: Alternatives to the Washington Consensus

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

-Or maybe in Brazil they will only delay the unavoidable?

Alexandre Fenelon



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