While economics and politics are often treated as separate disciplines in academic settings, in the real world they are, of course, inextricably linked. To be successful, economic policy must reflect this reality. In Managing Adjustment in Developing Countries, Lindenberg and Ramirez offer an approach to economic decision making that takes account of the relationship between economic and political factors. As the authors point out, understanding the benefits and risks of a policy, as well as who supports aid opposes it, can be essential in determining whether a policy will achieve its aims. After providing a framework for analyzing policy options, they present a number of developing-country case studies in which policy makers have had to take swift action or make crucial decisions under high pressure. - Nicolas Ardito-Barletta General Director International Center for Economic Growth
Both Lindenberg and Ramirez have advised leaders of developing countries on matters of national policy. Dr. Lindenberg has been rector of the Central American Institute of Business Administration (INCAE), one of the outstanding business schools in Latin America, and Dr. Ramirez is dean of INCAE's School of Economics. This volume, which resulted from a joint research project sponsored by the International Center for Economic Growth, should be a useful textbook in business and economics schools everywhere. -
Nicolas Ardito-Barletta General Director International Center for Economic Growth
Marc Lindenberg is a lecturer in public policy at Harvard University's John F. Kennedy School of Government where he received the Manuel Carballo Award for Excellence in Teaching in 1989. He is the author of numerous books on problems of international development, such as CentralAmerica: Current Crisis and Future Prospects (with Jorge Dominguez), Managing Development: The Political Dimension (with Benjamin Crosby), and Public Budgeting (with Fremont Lyden) as well as many articles. From 1981 to 1987 he was the rector of the Central American Institute of Business Administration (INCAE)in Costa Rica. He completed his B.A. degree in political science at Oberlin College (1967) and his M.P.A. and Ph.D. in comparative and development administration at the University of Southern California.
Noel Ramirez is currently the dean of the School of Economics at INCAE, where he also teaches economics and organizes seminars about national economic strategy with the participation of private-and public-sector leaders. Ramirez received his Ph.D. in economics at Yale University. He is the author of El Empresario y su Entorno Economico (TheManager and His Economic Environment).