First Published in 1990 Economic Policy Alternatives for the Latin American Crisis aims to explore macroeconomic policy alternatives available to Latin American policymakers from both a theoretical and an empirical perspective. Three decades of sustained growth and dramatic gains in levels of economic development in Latin America ended in the 1980s. Latin American countries found themselves plagued by foreign debts, high real interest rates, accelerated inflation, increasing poverty with malnutrition and high unemployment. This book presents a quantitative framework in which to evaluate the effectiveness of various types of monetary and fiscal policies under the conditions of inflation, declining growth, and debt. A macroeconomic policy model is constructed and using data from Ecuador the model is estimated empirically. The results of these simulations suggest some promising policy options to replace the current policy.
This book is an interesting read for scholars and researchers of Latin American economics, macroeconomics and development economics.
By:
Joan B. Anderson Imprint: Routledge Country of Publication: United Kingdom Dimensions:
Height: 234mm,
Width: 156mm,
Weight: 390g ISBN:9781032527352 ISBN 10: 1032527358 Series:Routledge Revivals Pages: 118 Publication Date:30 August 2023 Audience:
College/higher education
,
Primary
Format:Hardback Publisher's Status: Active