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1. An Overview of Macroeconomic Performance

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© 2019 University of Chicago Press

© 2019 University of Chicago Press

Chapters in this book

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