1. Introduction
2. From Graduate Student to Professional Peer: An Appreciation of Carlos F. Diaz-Alejandro, Charles P. Kindleberger
Part 1. International Lending and the Debt Crisis: Historical Perspectives and Contemporary Solutions
3. Lessons of the 1890s for the 1980s. Albert Fishlow
4. House Calls of the Money Doctor: The Kemmerer Missions to Latin America, 1917-1931. Barry Eichengreen
5. The Debt Overhang of Developing Countries. Jeffrey Sachs
Part 2. International Capital Movements: Theory and Measurement
6. Country Risk and the Organization of International Capital Transfer. Jonathan Eaton and Mark Gersovitz
7. How Integrated are World Capital Markets? Some New Tests. Maurice Obstfeld
Part 3. Liberalization of Trade and Exchange Controls
8. Economic Liberalization and the Equilibrium Real Exchange Rate in Developing Countries. Sebastian Edwards
9. Smuggler`s Blues at the Central Bank: Lessons from Sudan William H. Branson and Jorge Braga de Macedo
Part 4. Stabilization and Economic Reform
10. Incredible Reforms. Guillermo A. Calvo
11. External Shocks and Policy Reforms in the Southern Cone: A Reassessment
Part 5. Macroeconomic Theory and Policy in Developing Countries
12. The Relevance for Developing Countries of Recent Developments in Macroeconomic Theory. W. Max Corden
13. Indian Macroeconomic Policies. Vijay Joshi and I. M. D. Little
Part 6. New Developments in Open Economy Macroeconomics
14. New Channels in the Transmission of Foreig Shocks. Edmund S. Phelps
15. Trade, Capital Flows and Dynamics of the Real Exchange Rate. Pentti J. K. Kouri
Part 7. International Trade, Factor Mobility and Development
16. New Trade Theory and the Less Developed Countries. Paul Krugman
17. Policy-Induced Inflows of Foreign Capital in the Presence of Rigid-Wage Unemployment
18. North-South Models and the Evolution of Global Interdependence. Ronald Findlay
19. Sources of Technological Divergence Between Developed and Less Developed Economies. Raaj Kumar Sah and Joseph E. Stiglitz
Index
