Shahid Javed Burki - Changing perceptions and altered reality: emerging economies in the 1990s, Page 428

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title	:	Changing Perceptions and Altered Reality : Emerging Economies in the 1990s
author	:	Burki, Shahid Javed.
publisher	:	World Bank
isbn10 | asin	:	0821345923
print isbn13	:	9780821345924
ebook isbn13	:	9780585162744
language	:	English
subject	Developing countries--Economic policy, Economic development, Poverty--Developing countries, Financial crises--Developing countries, Economic history--Developing countries.
publication date	:	2000
lcc	:	HC59.7.B857 2000eb
ddc	:	338.8/009172/4
subject	:	Developing countries--Economic policy, Economic development, Poverty--Developing countries, Financial crises--Developing countries, Economic history--Developing countries.

Page i Changing Perceptions and Altered Reality: Emerging Economies in the 1990s

Page ii 2000 The International Bank for Reconstruction and Development / THE WORLD BANK 1818 H Street, N.W. Washington, D.C. 20433, U.S.A. All rights reserved Manufactured in the United States of America First printing January 2000 1 2 3 4 5 03 02 01 00 This report has been prepared by the staff of the World Bank. The judgments expressed do not necessarily reflect the views of the Board of Executive Directors or of the governments they represent. The material in this publication is copyrighted. The World Bank encourages dissemination of its work and will normally grant permission promptly. Permission to photocopy items for internal or personal use, for the internal or personal use of specific clients, or for educational classroom use, is granted by the World Bank, provided that the appropriate fee is paid directly to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, U.S.A., telephone 978-750-8400, fax 978-750-4470. Please contact the Copyright Clearance Center before photocopying items. For permission to reprint individual articles or chapters, please fax your request with complete information to the Republication Department, Copyright Clearance Center, fax 978-750-4470. All other queries on rights and licenses should be addressed to the World Bank at the address above or faxed to 202-522-2422. The painting on the cover is by Jamaican artist Ken Spencer and is in the Latin American and Caribbean collection of the author. Library of Congress Cataloging-in-Publication Data Burki, Shahid Javed. Changing perceptions and altered reality : emerging economies in the 1990s / Shahid Javed Burki p. cm. Includes bibliographical references. ISBN 0-8213-4592-3 1. Developing countriesEconomic policy. 2. Economic development. 3. PovertyDeveloping countries. 4. Financial crisesDeveloping countries. 5. Economic historyDeveloping countries. I. Title. HC59.7.B857 1999 338.8'009172'4dc21 99-047581 CIP

Page iii CONTENTS Preface v Part I: An Evolving View of Development Challenges 3 Chapter 1: Changing Perceptions and Altered Reality 5 Chapter 2: Development Challenges: Reaching a Better Understanding 23 Chapter 3: Toward Open Regionalism in LAC 33 Part II: Alleviating Poverty 47 Chapter 4: Global Economic Crisis and Poverty 51 Chapter 5: Protecting the Poor during Periods of Economic Crises 53 Chapter 6: Crime and Poverty 61 Chapter 7: Poverty Returns to Pakistan 69 Part III: Globalization, Financial Crises, and Volatility 81 Chapter 8: Globalization: Institutional and Organizational Imperatives for the Developing World 83 Chapter 9: Latin American Economic Crises and Prospects 91 Chapter 10: New Initiatives to Tackle International Economic Turmoil: A Comment 101

Page iv Chapter 11: Latin American Economies and the Global Economic Turmoil 105 Chapter 12: Volatility, Contagion, and Possible Dollarization 111 Part IV: Countries in Economic Crises 119 Chapter 13: The Language of Economic Discourse 121 Chapter 14: From Globalization to Localization 129 Chapter 15: Pakistan in Crisis: A Diagnosis of Its Causes and an Approach for Resolving It 133 Chapter 16: A Fate Foretold: The World Bank and the Mexican Crisis 175 Chapter 17: The Relevance of the Chinese Model for Bringing Cuba into the International Economic System 187 Chapter 18: Integrating Small States in a Fast-Changing Global Economy

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