Economic Policy and Stabilization in Latin America

Economic Policy and Stabilization in Latin America PDF Author: Nader Nazmi
Publisher: Routledge
ISBN: 1315286238
Category : Political Science
Languages : en
Pages : 217

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Book Description
A detailed analysis of economic policy in Latin America with particular attention devoted to the problem of controlling inflation and stabilization. Contents include an analysis of economic policies of the 1990s; country case studies of Brazil, Chile, Mexico, Argentina, and Bolivia; a thorough review of competing paradigms; a comparison of monitarist and structuralist approaches to the problem; mathematical and statistical modeling.

Economic Policy and Stabilization in Latin America

Economic Policy and Stabilization in Latin America PDF Author: Nader Nazmi
Publisher: Routledge
ISBN: 1315286238
Category : Political Science
Languages : en
Pages : 217

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Book Description
A detailed analysis of economic policy in Latin America with particular attention devoted to the problem of controlling inflation and stabilization. Contents include an analysis of economic policies of the 1990s; country case studies of Brazil, Chile, Mexico, Argentina, and Bolivia; a thorough review of competing paradigms; a comparison of monitarist and structuralist approaches to the problem; mathematical and statistical modeling.

Inflation and Stabilization in Latin America

Inflation and Stabilization in Latin America PDF Author: Rosemary Thorp
Publisher: Springer
ISBN: 1349042595
Category : Business & Economics
Languages : en
Pages : 296

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Book Description


Inflation and Development in Latin America

Inflation and Development in Latin America PDF Author: George Jackson Eder
Publisher: Ann Arbor : Program in International Business, Graduate School of Business Administration, University of Michigan
ISBN:
Category : Bolivia
Languages : en
Pages : 860

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Book Description
Case study of economic policy and monetary policy measures to achieve economic development and financial aspects stability in Bolivia illustrating the applicability of such anti-inflationary measures in Latin America - examines obstacles to development, factors which contributed to inflation (including the role of USA economic aid therein), the role of public enterprise, political problems, foreign exchange, price policy, etc. Bibliography pp. 759 to 770 and statistical tables.

Inflation and Stabilization Process in Latin America

Inflation and Stabilization Process in Latin America PDF Author: Jorge Daniel Caceres Martinez
Publisher:
ISBN:
Category :
Languages : en
Pages : 100

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Book Description


Inflation and the Costs of Stabilization

Inflation and the Costs of Stabilization PDF Author: Andres Solimano
Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 50

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Book Description


Monetary Policy and Macroeconomic Stabilization in Latin America

Monetary Policy and Macroeconomic Stabilization in Latin America PDF Author: Rolf J. Langhammer
Publisher: Springer Science & Business Media
ISBN: 3540282017
Category : Business & Economics
Languages : en
Pages : 261

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Book Description
Latin America is a very important region of the globe, which has been buffeted by successive waves of economic instability within the last decades. These waves have caused several episodes of hyperinflation or near hyperinflation, and several currency and financial crises, which, in certain moments, have even spilled over and affected other emerging markets. This has resulted in huge costs in terms of lost potential growth, and, as is inevitable, the markets most affected by this have been the least capable of defending themselves. In a region plagued by still considerable rates of social exclusion, with some of the highest rates of income concentration in the whole globe, the human costs of these crises have been very substantial. Starting in the early 1990s, the slow implementation of reforms, plus the resumption of more sustained growth—to a substantial degree linked to the increase in commodity prices, especially since the early 2000s—seems to have resulted in a more stable situation. Initially, in early reformers like Chile, later in the larger economies of the region, like Brazil and Mexico, a consensus— embraced by both sides of the political spectrum—towards integration in global markets, both in their trade and financial components, floating exchange rates, independent monetary authorities, and sustainable fiscal policies has emerged.

Inflation and Growth in Latin America

Inflation and Growth in Latin America PDF Author: Werner Baer
Publisher: Homewood, Ill. : R.D. Irwin
ISBN:
Category : Inflation (Finance)
Languages : en
Pages : 628

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Book Description
Prepared papers and comments presented at the Conference on Inflation and Economic Growth held in Rio de Janeiro from Jan. 3-11, 1963. Summaries of discussions in panel sessions are also included.

The Role of Fiscal Policy in Sustainable Stabilization

The Role of Fiscal Policy in Sustainable Stabilization PDF Author: Mr.Gerd Schwartz
Publisher: International Monetary Fund
ISBN: 1451950780
Category : Business & Economics
Languages : en
Pages : 34

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Book Description
This paper reviews the role of fiscal policy in a number of stabilization programs in Latin America since the early 1980s. The paper highlights the importance of sustainable fiscal adjustment in stabilization efforts, and discusses the main issues that arise in this context. By reviewing the Latin American experience, it is argued that responsibility for failed stabilization attempts can be traced to four main factors: inconsistent policy mixes; excessive reliance on temporary factors of improvement in the fiscal accounts; failure to implement fundamental fiscal reforms; and lack of complementary structural reforms.

Inflation Stabilization

Inflation Stabilization PDF Author: World Institute for Development Economics Research
Publisher: MIT Press
ISBN: 9780262022798
Category : Business & Economics
Languages : en
Pages : 452

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Book Description
Rampant inflation is a major economic problem in many of the less developed countries; two out of three attempts to stabilize these economies fail. Inflation Stabilization provides a valuable description and a critical analysis of the disinflation programs introduced in Argentina, Bolivia, Brazil, and Israel in 1985-86, and discusses the possibility of such a program in Mexico. It documents the initial steps in stabilization as well as the reasons for failure.As architects of the programs, several of the authors are in key positions to assess which aspects were critical in getting the programs accepted and where to look for difficulties and failures. In Israel, inflation was halted without recession. The challenge to policy makers today is in shifting from stabilization to the revival of sustained growth. This experience is described fully by Michael Bruno and Sylvia Piterman, who examine the critical issue of exchange rates, and by Alex Cukierman, who uses modeling to analyze the interaction of money, wages, prices, and activity under rational expectations that take the government's policy objectives into account.Endemic inflation and a sudden increase in external debt burden Argentina's economy, raising the wider issues of high inflation economies and stabilization that are discussed in the chapter by José Luis Machinea and that by Guido Di Tella and Alfredo Canavese.Eduardo Modiano and Mario Simonsen take up issues of wages in Brazil, particularly the problem of finding an equitable way to deal with a wage freeze; Simonsen develops an ambitious game theoretic rationalization of incomes policy as a coordinating device for imperfectly competitive economies. Bolivia did reach hyperinflation (price increases of more than 50 percent each month) before stabilizing. Juan Antonio Morales shows how stabilizing the exchange rate, in an economy where all pricing was already geared to the dollar, achieved stabilization without a wage or price freeze. And Francisco Gil Diaz asks whether an incomes-policy based program could work to control ever increasing inflation in Mexico.

The International Monetary Fund And Latin America

The International Monetary Fund And Latin America PDF Author: Manuel Pastor
Publisher: Routledge
ISBN: 1000230716
Category : Political Science
Languages : en
Pages : 228

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Book Description
The debt crisis in Latin America has rekindled debate about the effects of the IMF's stabilization programs in the Third World. Critics contend that these programs have short-run recessionary impacts and damage prospects for long-term growth. In response, Fund economists point to cross-country studies revealing mixed impacts on growth rates coupled with significant success in achieving the IMF's stated goals: current account and balance-of-payments improvements and inflation rate reduction. Dr. Pastor argues that the traditional growth-oriented critique is theoretically misplaced, and he recasts Fund activities in terms of class and income distribution. Applying the methodology of previous Fund studies, he evaluates the effects of IMF programs in eighteen Latin American countries in the pre-crisis period (1965-1981).