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1. An Overview of Macroeconomic Performance
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Chapters in this book
- Frontmatter i
- Contents vii
- Preface x
- Introduction 1
-
Book I. Debt and Macroeconomic Instability in Argentina
- 1. An Overview of Debt and Macroeconomic Problems 41
- 2. Some Debt History 54
- 3. From Martinez de Hoz to Alfonsín 64
- 4. The Process of High Inflation 77
- 5. The Austral Plan115 91
- 6. Avenues and Obstacles to Growth 115
- Appendix A. Price Dynamics Under a Tablita Regime 131
- Appendix B. The Budget and Inflation 133
- Appendix C. Statistical Data 134
- Notes 147
- References 150
-
Book II. Bolivia’s Economic Crisis
- 1. An Overview of Macroeconomic Performance 159
- 2. Political Economy and Macroeconomic Policy making, 1952-87 175
- 3. State Capitalism and the Operation of the Public Sector 189
- 4. Trade Policies, 1970- 85 202
- 5. Aspects of Foreign Debt Accumulation, 1952-85 214
- 6. The Emergence of Hyperinflation, 1982-85 225
- 7. Ending the Hyperinflation, 1985-88 238
- 8. Bolivian Debt Management, 1985-88 252
- 9. Beyond Stabilization to Economic Growth and Development 256
- Notes 260
- References 266
-
Book III. The Macroeconomics of the Brazilian External Debt
- 1. Introduction 271
- 2. Adjustment to the First Oil Shock: From Import Substitution to Macroeconomic Restraint 281
- 3. Adjustment in the 1980s: From International Monetarism to the Plano Cruzado 290
- 4. Stopping Inflation 305
- 5. External Debt, Budget Deficits, and Inflation 318
- 6. Trade Policies and Consequences 335
- 7. Epilogue: Debt and Development 351
- Appendix: Brazilian Statistics 359
- Notes 387
- References 388
-
Book IV. Economic Policy and Foreign Debt in Mexico
- 1. Introduction 395
- 2. The Record of Stabilizing Development 398
- 3. Shared Development and the Echeverría Administration 417
- 4. The Lopez Portillo Administration 428
- 5. The De La Madrid Administration and the Present Crisis 447
- 6. Import Compression, Real Wages, and Underemployment 465
- 7. Fiscal and Monetary Policy, Financial Intermediation, Inflation, and Growth 486
- 8. Debt Management and Negotiations 517
- 9. Future Prospects: Is There A Way Out? 528
- Notes 536
- References 547
- Biographies 553
- Contributors 554
- Name Index 555
- Subject Index 559
Chapters in this book
- Frontmatter i
- Contents vii
- Preface x
- Introduction 1
-
Book I. Debt and Macroeconomic Instability in Argentina
- 1. An Overview of Debt and Macroeconomic Problems 41
- 2. Some Debt History 54
- 3. From Martinez de Hoz to Alfonsín 64
- 4. The Process of High Inflation 77
- 5. The Austral Plan115 91
- 6. Avenues and Obstacles to Growth 115
- Appendix A. Price Dynamics Under a Tablita Regime 131
- Appendix B. The Budget and Inflation 133
- Appendix C. Statistical Data 134
- Notes 147
- References 150
-
Book II. Bolivia’s Economic Crisis
- 1. An Overview of Macroeconomic Performance 159
- 2. Political Economy and Macroeconomic Policy making, 1952-87 175
- 3. State Capitalism and the Operation of the Public Sector 189
- 4. Trade Policies, 1970- 85 202
- 5. Aspects of Foreign Debt Accumulation, 1952-85 214
- 6. The Emergence of Hyperinflation, 1982-85 225
- 7. Ending the Hyperinflation, 1985-88 238
- 8. Bolivian Debt Management, 1985-88 252
- 9. Beyond Stabilization to Economic Growth and Development 256
- Notes 260
- References 266
-
Book III. The Macroeconomics of the Brazilian External Debt
- 1. Introduction 271
- 2. Adjustment to the First Oil Shock: From Import Substitution to Macroeconomic Restraint 281
- 3. Adjustment in the 1980s: From International Monetarism to the Plano Cruzado 290
- 4. Stopping Inflation 305
- 5. External Debt, Budget Deficits, and Inflation 318
- 6. Trade Policies and Consequences 335
- 7. Epilogue: Debt and Development 351
- Appendix: Brazilian Statistics 359
- Notes 387
- References 388
-
Book IV. Economic Policy and Foreign Debt in Mexico
- 1. Introduction 395
- 2. The Record of Stabilizing Development 398
- 3. Shared Development and the Echeverría Administration 417
- 4. The Lopez Portillo Administration 428
- 5. The De La Madrid Administration and the Present Crisis 447
- 6. Import Compression, Real Wages, and Underemployment 465
- 7. Fiscal and Monetary Policy, Financial Intermediation, Inflation, and Growth 486
- 8. Debt Management and Negotiations 517
- 9. Future Prospects: Is There A Way Out? 528
- Notes 536
- References 547
- Biographies 553
- Contributors 554
- Name Index 555
- Subject Index 559