Suchergebnisse

Examines the intersection of foreign policy and disaster assistance in the context of the new world order; focuses on the relationship of the three disaster response offices in USAID with the State Department during a complex emergency. Office of Foreign Disaster Assistance (OFDA), Office of Food for Peace (FFP), and Office of Transition Initiatives (OTI).

WHAT IS STRIKING ABOUT THE ECONOMIC LESSONS OF THE MEXICAN CATASTROPHE IS HOW LITTLE THEY ADD TO WHAT WAS ALREADY KNOWN ABOUT THE MISTAKES GOVERNMENTS COMMONLY MAKE IN THE CAUSE OF IMPLEMENTING ECONOMIC REFORMS. THIS ARTICLE ASKS "HOW CAN SUCH SMART GUYS MAKES SUCH DUMB MISTAKES?" IT THEN EXPLORES WHAT MEXICO, ORANGE COUNTRY, AND BARINGS P.L.C. HAVE IN COMMON. IT CONCLUDES THAT THE REAL LESSON IS THAT THE MARGIN FOR MISGUIDED ECONOMIC POLICIES HAS BECOME EXCEEDINGLY NARROW.

IN THIS ARTICLE THE AUTHOR ILLUSTRATES, AGAINST A BACKDROP OF FAILURE, THE SUCCESSION OF ADJUSTMENT POLICIES, FROM STANDARD ADJUSTMENT (1980S) TO THE SOCIAL DIMENSIONS (END OF THE 1980S). THEN THE AUTHOR DISCUSSES THE NATIONAL APPROACH TO PROGRAMMES (BEGINNING OF THE 1990S) AND FINALLY MONETARY STABILIZATION (SINCE JANUARY 1994).