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LATIN AMERICA: AN END TO BOOM AND BUST?
Jorge Iván Canales-Kriljenko, Luis I. Jácome, Ali Alichi, and Ivan Luís de Oliveira Lima
How monetary policy reforms helped propel five major Latin American countries from recurrent crises to economic stability
Eduardo Lora and Carmen Pagés
It is not lack of investment but inefficient production that holds back Latin American incomes
Also in This Issue
Sneak preview: Book Review
Stijn Claessens, M. Ayhan Kose, and Marco E. Terrones
Financial cycles tend to be long and deep and often interact in ways that can cause booms or busts
Serkan Arslanalp, Fabian Bornhorst, and Sanjeev Gupta
Revisiting the debate over whether public investment in infrastructure is productive
Benedict Clements, David Coady, Baoping Shang, and Justin Tyson
Health care presents a daunting fiscal challenge, but reforms can help manage the growth of spending fairly and efficiently
Paola Giuliano, Prachi Mishra, and Antonio Spilimbergo
Economic reforms may scare politicians, but democracy and economic liberalization generally go hand in hand
F&D interviews Michel Camdessus
Ideas for strengthening the international monetary system
People in Economics
S. Ali Abbas, Nazim Belhocine, Asmaa El-Ganainy, and Mark Horton
How public debt has changed since 1880
Back to Basics
Atsushi Oshima and James A. Chan
Access to basic financial services in low-income countries is growing
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