The Macroeconomics of Populism in Latin America

preview-18
  • The Macroeconomics of Populism in Latin America Book Detail

  • Author : Rudiger Dornbusch
  • Release Date : 2007-12-01
  • Publisher : University of Chicago Press
  • Genre : Business & Economics
  • Pages : 416
  • ISBN 13 : 0226158489
  • File Size : 73,73 MB

The Macroeconomics of Populism in Latin America by Rudiger Dornbusch PDF Summary

Book Description: Again and again, Latin America has seen the populist scenario played to an unfortunate end. Upon gaining power, populist governments attempt to revive the economy through massive spending. After an initial recovery, inflation reemerges and the government responds with wage an price controls. Shortages, overvaluation, burgeoning deficits, and capital flight soon precipitate economic crisis, with a subsequent collapse of the populist regime. The lessons of this experience are especially valuable for countries in Eastern Europe, as they face major political and economic decisions. Economists and political scientists from the United States and Latin America detail in this volume how and why such programs go wrong and what leads policymakers to repeatedly adopt these policies despite a history of failure. Authors examine this pattern in Argentina, Brazil, Chile, Mexico, Nicaragua, and Peru—and show how Colombia managed to avoid it. Despite differences in how each country implemented its policies, the macroeconomic consequences were remarkably similar. Scholars of Latin America will find this work a valuable resource, offering a distinctive macroeconomic perspective on the continuing controversy over the dynamics of populism.

Disclaimer: www.yourbookbest.com does not own The Macroeconomics of Populism in Latin America books pdf, neither created or scanned. We just provide the link that is already available on the internet, public domain and in Google Drive. If any way it violates the law or has any issues, then kindly mail us via contact us page to request the removal of the link.

Left Behind

Left Behind

File Size : 16,16 MB
Total View : 7403 Views
DOWNLOAD

The political and economic history of Latin America has been marked by great hopes and even greater disappointments. Despite abundant resources—and a history

The Political Economy of Populism

The Political Economy of Populism

File Size : 17,17 MB
Total View : 2393 Views
DOWNLOAD

The Political Economy of Populism explores the interplay between identity, the economy and inequality to explain the dynamics of populist votes since the beginn