Hostname: page-component-586b7cd67f-rdxmf Total loading time: 0 Render date: 2024-11-29T10:37:58.154Z Has data issue: false hasContentIssue false
  • English
  • Français

Need to Design and Apply a More Effective Anti-Inflationary Plan in Latin America

Published online by Cambridge University Press:  02 January 2018

Felipe Pazos
Felipe Pazos*
Affiliation:
Central Bank of Venezuela
Get access Rights & Permissions [Opens in a new window]

Extract

In recent years, price increases in the inflation-prone countries of Latin America have accelerated from their former customary pace of 2 low digits to 3, 4, or more digits and are inflicting much more economic, social, and political damage than the old, slower price increases ever did. The joint (and inter-related) effects of the debt crisis plus galloping inflation have stopped income growth, reduced per capita income, lowered real salaries, increased unemployment (and underemployment), impaired income distribution, increased absolute poverty, and provoked urban riots.

Type
Research Article
Information
Journal of Interamerican Studies and World Affairs , Volume 31 , Issue 1-2: Special Issue: Latin America at the Crossroads: Major Public Policy Issues , Spring/Summer 1989 , pp. 105 - 124
Copyright
Copyright © University of Miami 1989

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

Alemann, J. (1985) “Anti-Inflation Policies and the Problem of Credibility.” American Economic Review (May):Google Scholar
Alemann, J. (1982) Das Argentinische Wirtschaftsratsel. Buenos Aires, Argentina:Google Scholar
Arida, P. and Lara Rosende, A. (1985) “Inertial Inflation and Monetary Reform: Brazil,” in J. Williamson (ed.) Inflation and Indexation. Washington DC: Institute for International Economics.Google Scholar
Banco de México (Banamex) (1989) Examen de la Situación Económica de México. México, DF: Banamex.Google Scholar
Canitrot, A. (1981) “Teoría y práctica del liberalismo: política antiinflacionaria y apertura económica en la Argentina.” Desarrollo Económico, (Enero-Marzo):Google Scholar
Canitrot, A. (1980) “La Disciplina como objectivo de la política económica.” Desarrollo Económico (Enero-Marzo):Google Scholar
Cavallo, D. (1984) Volver a Crecer. Buenos Aires, Argentina: Sudamuricana-Planeta.Google Scholar
Cavallo, D. (1982) La Reforma Financiera. Buenos Aires, Argentina: Banco Central de República Argentina.Google Scholar
Dagnino Pastore, J.M. (1983) “Progress and Prospects for the Adjustment in Argentina,” in J. Williamson (ed.) Prospects for Adjustment. Washington DC: Institute for International Economics.Google Scholar
Dornbusch, R. and Pablo, de (1988) Dueda Externa e Inestabilidad Macroeconómica en la Argentina. Buenos Aires, Argentina:Google Scholar
Economic Commission for Latin America and the Caribbean (ECLAC) (1988) Balance Preliminar de la Economía Latino Americana (December). Santiago de Chile: United Nations, ECLAC.Google Scholar
International Monetary Fund (IMF) (1981-89) International Financial Statistics. Washington, DC: IMF.Google Scholar
Ocampo, J. (1987) “Planes Anti-inflacionarios recientes en la América Latina.” El Trimestre Económico (México) (September).Google Scholar
de Pablo, J.C. (1984) Política económica argentina: materiales para el desarrollo del tema según el método de los casos. Buenos Aires, Argentina: Ediciones Macchi.Google Scholar
de Pablo, J.C. (1983) “El enfoque monetario de la balanza de pagos en Argentina.” El Trimestre Económico (México) (abril-junio):Google Scholar
Pazos, F. (1972) Chronic Inflation in Latin America. New York, NY: Praeger Publishers.Google Scholar
Rodriguez, M. (1987) Consequences of Capital Flight for Latin America. Washington, DC: Institute for International Economics.Google Scholar
World Bank (1987-88) World Debt Tables. Washington, DC: The World Bank.Google Scholar