Boon, Crisis, and Adjustment reviews the macroeconomic experiences of eighteen developing countries from 1974 to 1989. The authors address why the experiences and policy reactions have differed among the countries, and how their individual growth rates were affected by these policy reactions.
"This welcome addition to development literature reviews the macroeconomic experiences of eighteen developing countries on four continents over the years 1974-89 [...] A valuable reference for upper division and graduate students, scholars, and policy makers alike."
– Choice
"An important book"
– Martin Wolf, Financial Times
"This is and excellent book for both academics and policy-makers [...] well-motivated, informative and entertaining to read [...] I strongly recommend it not only to those who work in the areas of development economics and macroeconomics, but also to those who have only a peripheral interest in the areas."
– The Southern Economic Journal