The Macroeconomics of Populism in Latin America PDF Download
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Author: Rudiger Dornbusch
Publisher: University of Chicago Press
ISBN: 0226158489
Category : Business & Economics
Languages : en
Pages : 416
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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.
Author: Rudiger Dornbusch
Publisher: University of Chicago Press
ISBN: 0226158489
Category : Business & Economics
Languages : en
Pages : 416
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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.
Author: Mr.Dimitri G. Demekas
Publisher: International Monetary Fund
ISBN: 1451850247
Category : Business & Economics
Languages : en
Pages : 56
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Book Description
With the start of the process of its transition to a market economy in early 1990, Romania joined the ranks of other reforming Eastern European countries. At the starting point of its reform program, however, Romania was in a deep economic and institutional crisis and had no experience in even modest attempts to reform its economy. This paper outlines the main characteristics of the Romanian economic system before the reform, and presents the evolution of the reform program, as well as its achievements in the first year or so since it was launched.
Author: Institute of Medicine
Publisher: National Academies Press
ISBN: 030904491X
Category : Medical
Languages : en
Pages : 225
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Book Description
Americans praise medical technology for saving lives and improving health. Yet, new technology is often cited as a key factor in skyrocketing medical costs. This volume, second in the Medical Innovation at the Crossroads series, examines how economic incentives for innovation are changing and what that means for the future of health care. Up-to-date with a wide variety of examples and case studies, this book explores how payment, patent, and regulatory policiesâ€"as well as the involvement of numerous government agenciesâ€"affect the introduction and use of new pharmaceuticals, medical devices, and surgical procedures. The volume also includes detailed comparisons of policies and patterns of technological innovation in Western Europe and Japan. This fact-filled and practical book will be of interest to economists, policymakers, health administrators, health care practitioners, and the concerned public.
Author: Marc Allen Eisner
Publisher: UNC Press Books
ISBN: 9780807819555
Category : Business & Economics
Languages : en
Pages : 334
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Book Description
Eisner contends that Reagan's economic agenda, reinforced by limited prosecution of antitrust offenses, was an extension of well established trends. During the 1960s and 1970s, critical shifts in economic theory within the academic community were transmitted to the Antitrust Division and the FTC--shifts that were conservative and gave Reagan a background against which to operate. Annotation(c) 2003 Book News, Inc., Portland, OR (booknews.com)
Author: Alec Nove
Publisher: IICA
ISBN:
Category : Soviet Union
Languages : en
Pages : 420
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Book Description
Study in historical perspective of developments in economic policy in the USSR - covers economic structures and economic administration prior to and during the 1st world war, the position during the 50 years of the communist regime, political leadership of the country, the collective economy, industrialization, political problems, economic growth, etc. Bibliography pp. 389 to 391, and statistical tables.
Author: United States. Congress. Joint Economic Committee
Publisher:
ISBN:
Category : Budget
Languages : en
Pages : 636
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Book Description
Author: Olivier Blanchard
Publisher: MIT Press
ISBN: 9780262521659
Category : Business & Economics
Languages : en
Pages : 392
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Book Description
This is the sixth in a series of annuals from the National Bureau of EconomicResearch that are designed to stimulate research on problems in applied economics, to bring frontiertheoretical developments to a wider audience, and to accelerate the interaction between analyticaland empirical research in macroeconomics.Olivier Blanchard and Stanley Fischer are both Professorsof Economics at MIT.Contents: Pitfalls and Opportunities: What Macroeconomists Should Know aboutUnit Roots, John Y. Campbell and Pierre Perron. Markups and the Business Cycle, Julio Rotemberg andMichael Woodford. Privatization in Eastern Europe: Incentives and the Economics of Transition, JeanTirole. The EMS, the EMU, and the Transition to a Common Currency, Kenneth A. Froot and Kenneth S.Rogoff. Growth, Macroeconomics, and Development, Stanley S. Fischer. Recessions as Reorganizations,Robert E. Hall.
Author: Torsten Persson
Publisher: World Scientific
ISBN: 9789810230609
Category : Business & Economics
Languages : en
Pages : 284
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Book Description
Below is a list of the prizewinners during the period 1991 ? 1995 with a description of the works which won them their prizes: (1991) R H COASE ? for his discovery and clarification of the significance of transaction costs and property rights for the institutional structure and functioning of the economy; (1992) G S BECKER ? for having extended the domain of microeconomic analysis to a wide range of human behaviour and interaction, including nonmarket behaviour; (1993) R W FOGEL & D C NORTH ? for having renewed research in economic history by applying economic theory and quantitative methods in order to explain economic and institutional change; (1994) J C HARSANYI, J F NASH & R SELTEN ? for their pioneering analysis of equilibria in the theory of non-cooperative games; (1995) R E LUCAS ? for having developed and applied the hypothesis of rational expectations, and thereby having transformed macroeconomic analysis and deepened our understanding of economic policy.
Author: James M. Buchanan
Publisher: University of Michigan Press
ISBN: 9780472102228
Category : Economics
Languages : en
Pages : 270
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Book Description
Nobel Laureate James Buchanan questions how people can live together in peace, prosperity, and justice
Author: Richard Swedberg
Publisher: Princeton University Press
ISBN: 0691222142
Category : Business & Economics
Languages : en
Pages : 503
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Book Description
The renowned economist Joseph A. Schumpeter (1883-1950) made seminal contributions not only to economic theory but also to sociology and economic history. His work is now attracting wide attention among sociologists, as well as experiencing a remarkable revival among economists. This anthology, which serves as an excellent introduction to Schumpeter, emphasizes his broad socio-economic vision and his attempt to analyze economic reality from several different perspectives. An ambitious introductory essay by Richard Swedberg uses many new sources to enhance our understanding of Schumpeter's life and work and to help analyze his fascinating character. This essay stresses Schumpeter's ability to draw on several social sciences in his study of capitalism. Some of the articles in the anthology are published for the first time. The most important of these are Schumpeter's Lowell Lectures from 1941, "An Economic Interpretation of Our Time." Also included is the transcript of his lecture "Can Capitalism Survive?" (1936) and the high-spirited debate that followed. The anthology contains many of Schumpeter's classical sociological articles, such as his essays on the tax state, imperialism, and social classes. And, finally, there are lesser known articles on the future of private enterprise, on the concept of rationality in the social sciences, and on the work of Max Weber, with whom Schumpeter collaborated on several occasions.
