USAID Economic Growth Training Workshop

نویسنده

  • Jeff Sachs
چکیده

Comments on Jeff Sachs' presentation in the session "Emerging Market & Financial Crises" When Jeff invited me to discuss his presentation today, I made what turned out to be a not very credible precommitment. I told his office that for me to be a discussant I need to have Jeff's paper at least a couple of days in advance and warned that I will not show up in case I did not receive the paper in advance. However, here I am, even though I did not receive his paper! So much for the credibility of my precommitment. But to be fair to Jeff and to excuse my own failure to keep to my precommitment, I should say that Jeff sent me copies of his recent paper on alternative approaches to financial crises in emerging markets, and his paper with Steve Radelet on Asia Reemerging. I also read his comment on the Thai crisis in the Financial Times of July 30, 1997. Jeff also sent me a fax summarizing the points he was going to make today. These, as well as my reading of his paper with Tornell and Velasco in the Brookings Papers (Sachs et al. (1996)), together were enough for me to attempt to say something coherent about the four points raised by Jeff in his fax to me last Friday. Let me turn to these in order.

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عنوان ژورنال:

دوره   شماره 

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تاریخ انتشار 1997