Economic Policy Alternatives for the Latin American Crisis  book cover
1st Edition

Economic Policy Alternatives for the Latin American Crisis



  • Available for pre-order on June 9, 2023. Item will ship after June 30, 2023
ISBN 9781032527352
June 30, 2023 Forthcoming by Routledge
122 Pages

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Book 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.

Table of Contents

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

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Author(s)

Biography

Joan B. Anderson