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Will Volatility Kill Market Democracy?

Ricardo Hausmann
Foreign Policy
No. 108 (Autumn, 1997), pp. 54-67
DOI: 10.2307/1149089
Stable URL: http://www.jstor.org/stable/1149089
Page Count: 14
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Since scans are not currently available to screen readers, please contact JSTOR User Support for access. We'll provide a PDF copy for your screen reader.
Will Volatility Kill Market Democracy?
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Abstract

Booms and busts have always been part of capitalism. But for the latest members of the global economy, cyclical swings have reached a new intensity, imperiling the course of economic reform. Conventional solutions are making matters even worse. Here are some alternatives.

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