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The Macroeconomics of Populism in Latin America.
Again and again, Latin America has seen the populist scenario played to an unfortunate end. Upon gaining power, populist governments attempt to revive the economy through massive spending. After an initial recovery, inflation reemerges and the government responds with wage an price controls. Shortag...
| Clasificación: | Libro Electrónico |
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| Autor principal: | |
| Otros Autores: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Chicago :
University of Chicago Press,
1991.
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| Colección: | National Bureau of Economic Research conference report.
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| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | Again and again, Latin America has seen the populist scenario played to an unfortunate end. Upon gaining power, populist governments attempt to revive the economy through massive spending. After an initial recovery, inflation reemerges and the government responds with wage an price controls. Shortages, overvaluation, burgeoning deficits, and capital flight soon precipitate economic crisis, with a subsequent collapse of the populist regime. The lessons of this experience are especially valuable for countries in Eastern Europe, as they face major political and economic decisions. Economists and. |
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| Descripción Física: | 1 online resource (416 pages) |
| Bibliografía: | Includes bibliographical references and indexes. |
| ISBN: | 9780226158488 0226158489 1281223298 9781281223296 9786611223298 6611223290 |