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Economic Policy Alternatives for the Latin American Crisis

AUTHOR Anderson, Joan B.
PUBLISHER Routledge (08/30/2023)
PRODUCT TYPE Hardcover (Hardcover)

Description

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.

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Product Format
Product Details
ISBN-13: 9781032527352
ISBN-10: 1032527358
Binding: Hardback or Cased Book (Sewn)
Content Language: English
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Page Count: 118
Carton Quantity: 60
Country of Origin: US
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BISAC Categories
Business & Economics | Economics - Macroeconomics
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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.

Show More

Author: Anderson, Joan B.
JOAN B. ANDERSON is Professor of Economics at the University of San Diego.
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Hardcover