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: 670g
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
Acknowledgements Introduction 1. Policy Dilemmas and the Economic Crisis 2. From Development to Debt 3. A Model of Growth, Inflation, and Distribution: The Case of Ecuador 4. Policy Implications of the Estimated Model 5. Policy Simulations on the Estimated Model 6. Policy Alternatives for Latin America Appendices References Index About the Author
