A dialogue with Jeffrey Sachs on economic reform.
Author: Norman Gall | Published in 1993
The 1980s saw what seemed to be a triumph of capitalismand democracy, producing a consensus that human progresscan develop only with political and economic freedom. Freelyelected regimes replaced dictatorships in many countries ofLatin America, the former Soviet empire and Africa. Manycountries launched economic reforms to eliminate cripplingdistortions by freeing market forces. Institutional blockagesin Brazil and Russia now paralyse economic policy.
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