This
paper argues that liberating themselves
from the dictates of the international
financial institutions seems to be the
optimal policy response for the Asian
economies, because the ''reforms'' demanded
by IFIs not only left untreated the problem
triggering the Asian crisis of the nineties,
but instead tried to enforce an unfeasible
set of neoliberal policies. In addition,
the IFIs actually took economic advantage
of the crisis.
February 04, 2008.
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