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CEPA Research Projects Institute of Developing Economies Project Through CEPA, Lance Taylor directed a project called "East Asian Development Experience and its Applicability," which was funded by Japan's Institute of Developing Economies (IDE). The project culminated in a paper titled "Present Conditions and Challenges of Latin American Development" which was presented at a symposium in Tokyo on January 21-22, 1997. The paper featured country studies on Brazil, Peru and Mexico by, respectively, Edward Amadeo (Pontifical Catholic University of Rio de Janeiro, Brazil), Oscar Dancourt (Pontifical Catholic University of Peru, Lima), and Nora Lustig (Brookings Institution). The paper argues that Latin America recently passed through a major realignment of its economic policy regime and that, while it is too early to say anything about ultimate results, preliminary outcomes are not entirely favorable. In the paper's conclusion, Lance Taylor writes that "Combining structuralist macroeconomics with enterprise and sector level insights emerging from the Economics Systems Approach might shed light on the reasons why the neoliberal policy package has not been fully successful and suggest appropriate corrections." Links |
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