Carlos Massad
Biographic Data
| ID | 5748579 |
|---|---|
| NAME | Carlos Massad |
| GIVEN NAMES | Carlos |
| FAMILY NAME | Massad |
| SIGNATURE | MASSAD C |
| AFFILIATIONS | Yale University |
| VERIFIED | No |
| TOTAL WORKS | 10 |
| TOTAL CITATIONS | 3 |
| AUTHOR COUNT | 10 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1976 |
| LATEST PUBLICATION YEAR | 1991 |
| H-INDEX | 1 |
External events, domestic policies and structural adjustment
This article examines the drop in the per capita product of the region from 1981 onwards due hotli to the stagnation of per capita production capacity and the fact that the effective product was less than the potential product. Production capacity stagnated because investment fell to levels which were not high enough to ensure growth in the potential per capita product. This decline in investment, in turn, was due basically to the net transfers o…
A new integration strategy
The Great Depression of the 1930s and the Second World War engendered an inward-directed growth process in Latin America, the continuance of which was later spurred by the important interests that grew up in connection with the region’s industrial production. The exhaustion of the import substitution process at the national level triggered a new intellectual effort to seek appropriate development strategies; thence arose the interest in economic …
Another view of the Latin American crisis
Closely linked to the external financing difficulties of Latin America is the problem of domestic financing and debt, a problem less studied and understood but no less important. In many countries of the region this problem has helped to delay economic recovery and discourage the accumulation of capital, and sometimes the steps taken to solve it can work against the programmes and policies designed to cope with the problem of the region’s foreign…
Relieving the debt burden
The rapid growth of the Latin American external debt from the mid-1970s onwards has been due to factors both of demand and supply, which bear witness to the co-responsibility of creditors and debtors. This co-responsibility, however, is not reflected in the distribution between the two parties of the burden of the debt: a situation which has caused a change not only in the magnitude but also in the direction of the net flows of real resources bet…
The adjustment process in the eighties. The need for a global approach
The Latin American countries are faced with various options for financing or adjusting their external accounts. This article makes a detailed analysis of such options and indicates the main paths followed by those countries and the economic and social costs incurred during the adjustment process in recent years
The real cost of the external debt for the creditor and for the debtor
In this article the author analyses the real cost of external debt servicing and reaches the conclusion that the cost in question is different for the creditor and for the debtor, nie former will normally take into account his own country’s financial market as a basis for evaluating the alternative use of his resources. In contrast, the debtor will have to take into consideration the real resources that he needs to use in his own country in order…
The external debt and the financial problems of Latin America
The external debt is perhaps the most striking manifestation of the crisis through which the countries of Latin America are passing and is one of the problems whose solution is a necessary condition in order for these countries to be able to emerge from their present predicament
Latin America and the international monetary system
In this paper, I intend to emphasize aspects of the present system of international economic relations in the monetary and financial area that create difficulties for an adequate insertion of Latin America in the world economy. I do not propose to make a comprehensive study of all transfers of resources between developed and developing countries
The International Monetary Fund in a new international financial constellation
1. A ‘new’ IMF appears to be just now in process of emerging. If so, it will probably possess at least four central characteristics, namely: (a) it will be endowed with a significantly larger volume of loanable resources than before; (b) it will dispense those resources as part of a deliberate global policy primarily in order to find a way of recycling OPEC surpluses more efficiently than before; (c) it will undertake those new lending functions …
The revolt of the bankers in the international economy
This article gives a brief overview of the post-war international m onetary system and its main characteristics, w ith special em phasis on the aspects which subsequently created difficulties. It shows how the system developed and identifies the events which led to the international m onetary crisis at the beginning of the 1970s. It describes the exchange arrangem ents w hich arose as a consequence o f the crisis and analyses the conditions in wh…
A new integration strategy
The Great Depression of the 1930s and the Second World War engendered an inward-directed growth process in Latin America, the continuance of which was later spurred by the important interests that grew up in connection with the region’s industrial production. The exhaustion of the import substitution process at the national level triggered a new intellectual effort to seek appropriate development strategies; thence arose the interest in economic …
Relieving the debt burden
The rapid growth of the Latin American external debt from the mid-1970s onwards has been due to factors both of demand and supply, which bear witness to the co-responsibility of creditors and debtors. This co-responsibility, however, is not reflected in the distribution between the two parties of the burden of the debt: a situation which has caused a change not only in the magnitude but also in the direction of the net flows of real resources bet…
The revolt of the bankers in the international economy
This article gives a brief overview of the post-war international m onetary system and its main characteristics, w ith special em phasis on the aspects which subsequently created difficulties. It shows how the system developed and identifies the events which led to the international m onetary crisis at the beginning of the 1970s. It describes the exchange arrangem ents w hich arose as a consequence o f the crisis and analyses the conditions in wh…
The International Monetary Fund in a new international financial constellation
1. A ‘new’ IMF appears to be just now in process of emerging. If so, it will probably possess at least four central characteristics, namely: (a) it will be endowed with a significantly larger volume of loanable resources than before; (b) it will dispense those resources as part of a deliberate global policy primarily in order to find a way of recycling OPEC surpluses more efficiently than before; (c) it will undertake those new lending functions …
Latin America and the international monetary system
In this paper, I intend to emphasize aspects of the present system of international economic relations in the monetary and financial area that create difficulties for an adequate insertion of Latin America in the world economy. I do not propose to make a comprehensive study of all transfers of resources between developed and developing countries
The real cost of the external debt for the creditor and for the debtor
In this article the author analyses the real cost of external debt servicing and reaches the conclusion that the cost in question is different for the creditor and for the debtor, nie former will normally take into account his own country’s financial market as a basis for evaluating the alternative use of his resources. In contrast, the debtor will have to take into consideration the real resources that he needs to use in his own country in order…
The external debt and the financial problems of Latin America
The external debt is perhaps the most striking manifestation of the crisis through which the countries of Latin America are passing and is one of the problems whose solution is a necessary condition in order for these countries to be able to emerge from their present predicament
The adjustment process in the eighties. The need for a global approach
The Latin American countries are faced with various options for financing or adjusting their external accounts. This article makes a detailed analysis of such options and indicates the main paths followed by those countries and the economic and social costs incurred during the adjustment process in recent years
Relieving the debt burden
The rapid growth of the Latin American external debt from the mid-1970s onwards has been due to factors both of demand and supply, which bear witness to the co-responsibility of creditors and debtors. This co-responsibility, however, is not reflected in the distribution between the two parties of the burden of the debt: a situation which has caused a change not only in the magnitude but also in the direction of the net flows of real resources bet…
Another view of the Latin American crisis
Closely linked to the external financing difficulties of Latin America is the problem of domestic financing and debt, a problem less studied and understood but no less important. In many countries of the region this problem has helped to delay economic recovery and discourage the accumulation of capital, and sometimes the steps taken to solve it can work against the programmes and policies designed to cope with the problem of the region’s foreign…
A new integration strategy
The Great Depression of the 1930s and the Second World War engendered an inward-directed growth process in Latin America, the continuance of which was later spurred by the important interests that grew up in connection with the region’s industrial production. The exhaustion of the import substitution process at the national level triggered a new intellectual effort to seek appropriate development strategies; thence arose the interest in economic …
External events, domestic policies and structural adjustment
This article examines the drop in the per capita product of the region from 1981 onwards due hotli to the stagnation of per capita production capacity and the fact that the effective product was less than the potential product. Production capacity stagnated because investment fell to levels which were not high enough to ensure growth in the potential per capita product. This decline in investment, in turn, was due basically to the net transfers o…
Economics (10 works) · Political science (8 works) · Business (7 works) · International economics (7 works) · Development economics (6 works) · Finance (6 works) · Global Financial Crisis and Policies (6 works) · Latin Americans (6 works) · Debt (5 works) · Economic Theory and Policy (5 works)