External shocks and stabilization mechanisms / Eduardo Engel and Patricio Meller, editors. - Washington, D.C. : Inter-American Development Bank : Distributed by The Johns Hopkins University Press, 1993. - 261 pages : illustrations ; 23 cm.

"Centers for Research in Applied Economics"--Cover. "CIEPLAN"--Cover.

Includes bibliographical references (p. 249) and index.

Ch. 1. Review of Stabilization Mechanisms for Primary Commodity Exporters / Eduardo Engel and Patricia Meller
Ch. 2. Temporary Shocks and Stabilization Mechanisms: The Chilean Case / Miguel Basch and Eduardo Engel
Ch. 3. An Optimal Spending Rule Facing Oil Income Uncertainty (Venezuela) / Ricardo Hausmann, Andrew Powell and Roberto Rigobon
Ch. 4. Temporary External Shocks and Stabilization Policies for Bolivia / Juan Antonio Morales, Justo Espejo and Gonzalo Chavez
Ch. 5. New Financial Instruments: An Introduction to Futures and Options / Rodrigo Valdes

Latin America's economic debate focuses on international price movements of primary commodities. This explores how short-term effects of international commodity price fluctuations can be neutralized. It analyzes two potential stabilization mechanisms: stabilization funds and financial instruments.

094060258X (pbk.) 9780940602588 (pbk.)


Economic stabilization--Chile.
Economic stabilization--Venezuela.
Economic stabilization--Bolivia.
Estabilización económica
Export marketing--Chile.
Export marketing--Venezuela.
Export marketing--Bolivia.
Comercialización de exportación
Bonds--Latin America.
Export marketing--Latin America.
Bonos --América Latina

HC 165 / E96 1993

339.5/098