Social Scientist. v 13, no. 146-47 (July-Aug 1985) p. 125.


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LATIN AMERICAN EXPERIENCE 125

Argentinian Economy", Cambridge Journal of Economics, Vol 6, No., 2 June 1982, p. 45-65.

(21) Little, Scitovsky and Scott, op cit. p. 375.

(22) ibid p. 377.

(23) Beccaria and Careiofi, op. cit. p. 151 ff.

(24) World Bank-Argentina: Economic Memorandum., World Bank Country Study, 1985.

(25) The Law of One Price implies that movements in consumer prices in various countries tend to equalise if changes are allowed in exchange rates.

(26) R. Dornbusch-" External Debt, Budget Deficits and Disequilibrium in Exchange Rates", in G.W. Smith and J.T. Cuddington (cds) International Debt and the Developing Countries, World Bank Symposium, World Bank, 1985, p. 227. (27) ibid. p. 227.

(28) Argentina: Economic Memorandum, p. 8

(29) ibid. p. 19

(30) Amiya Kumar Bagchi-Po/^ica/ Economy of Underdevelopment, Cambridge University Press, 1982, p. 59-62. (31) ibid p. 62 ' (32) ibid p. 66-67 (33) ibid p. 67 .

(34) John Williamson, op. cit., p. 27.

(35) Vincent Parkin-^Economic Liberalisation in Chile 1973-82 : a model for growth and development or a recipe for impoverishment?" Cambridge Journal of Economics June 1983, p.

• 101-24 (36) ibid p. 104

• *

(37) C.L. Latorrc-'The Chilean Crisis : a note on the consequences of liberal policies towards the private sector", The Developing Economies, Sept, 1984.

(38) Vincent Parkin, op.cit. p. 116

(39) John Williamson, op. cit. p. 28

(40) Dcep«tk Nayyar, op. cit.

(41) Amiya Kumar Bagchi, op. cit. chp. 3.

(42) This is typical of the Third World Countries, see Rahman Sobhan-'The State and the Development of Capitalism in the Third World", paper presented at a Seminar, New Delhi, January 1984,

(43) Peter Evans-'Transformation of Imperialism : A Brazilian Case Study", Economic Development and Cultural Change, October 1977.

(44) S. Griffith-Jones, op. cit.

(45) Amit Bhanduri, op. cit.

(46) Ibid. ,

(47) H. Chenery and A. Strout-'* Foreign Assistance and Economic Development", American Economic Review, Sept. 1966,, gives one such position.

(48) G.C. ^bbott-Intemational Indebtedness and Developing Countries, Croom Helm, London, 1978, p. Ill ff.

(49) ibid p. 113.

(50) A.mit Bhaduri, op. cit. p. 8.

(51) World Bwk-World Development Report, 1985 chp. 3.

(52) Bela Balassa-^Structural Change in Trade in Manufactured Goods between Industrial and Developing Countries", World Bank Staff Working Paper No. 396, June 1980, p. 7.

(53) iUd p. 10 (54) ibid p. 19

(55) ibnd p. 19 .

(56) World Development Report 1985 discusses the effect of policies adopted by the industrial coun tries on'the developing countries which have opened up, see chps. 3,4 & 5.

(57) S.K. Goyal-^Struggle for Economic Independence and New International Economic Order", paper presented at the International Conference in Kabul, November, 1982. p. 4-5

(58*i Mohsin S. Khan 8c Roberto Zahler-"Trade and Financial Liberalization in the Context of External Shocks and Inconsistent Domestic Policies", IMF, Research Department, July , 1984.



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