The Macroeconomics of Populism in Latin America

by Rudiger Dornbusch

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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...

Format:Paperback

Language:English

ISBN:0226158446

ISBN13:9780226158440

Release Date:February 1992

Publisher:University of Chicago Press

Length:412 Pages

Weight:1.40 lbs.

Dimensions:1.2" x 6.1" x 9.1"

Related Subjects

Accounting & Finance Business Business & Finance Business & Investing Business Development Economics Education & Reference International International Business Macroeconomics Popular Economics

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The Macroeconomics of Populism in Latin America

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