Neoliberal reforms and macroeconomic policy in Peru

Neoliberal reforms and macroeconomic policy in Peru

Includes bibliography

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Autor principal: Dancourt, Oscar
Formato: Texto
Lenguaje:English
Publicado: 2014
Materias:
AJUSTE ESTRUCTURAL
HISTORIA ECONOMICA
NEOLIBERALISMO
REFORMA ECONOMICA
ECONOMIC HISTORY
ECONOMIC REFORM
NEOLIBERALISM
STRUCTURAL ADJUSTMENT
Acceso en línea:http://hdl.handle.net/11362/10675
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spelling oai-11362-106752020-03-03T20:03:42Z Neoliberal reforms and macroeconomic policy in Peru Dancourt, Oscar AJUSTE ESTRUCTURAL HISTORIA ECONOMICA NEOLIBERALISMO REFORMA ECONOMICA ECONOMIC HISTORY ECONOMIC REFORM NEOLIBERALISM STRUCTURAL ADJUSTMENT Includes bibliography This article describes the neoliberal experiment of the 1990s in Peru, placing it in its historical context. The central hypothesis is that in that decade the Peruvian economy has lacked an operational system of monetary and fiscal policies capable of functioning without giving rise to serious disturbances in the level of economic activity. The monetary authorities do not possess the basic instruments which have been used in the past to handle adverse external shocks affecting the Peruvian economy, because of two structural reforms carried out in the financial field: the dollarization of the banking system and the opening-up of the capital account. The article consists of seven sections. It begins with a brief introduction (section I);. It then describes the neoliberal experiment of the 1990s, placing it in its immediate historical context (section II);; analyses the role which has been played by the growth strategy, the international economic situation and macroeconomic policy in the long-term performance of the Peruvian economy (section III);; describes the way in which adverse external shocks were handled in the period from 1950 to 1975 (section IV);; examines the evolution of macroeconomic policy in the 1990s, analysing its limitations (section V);; illustrates these limitations in the light of recent macroeconomic experience (section VI);, and ends with some conclusions (section VII);. 2014-01-02T18:42:18Z 2014-01-02T18:42:18Z 1999-04 Texto Sección o Parte de un Documento http://hdl.handle.net/11362/10675 LC/G.2055-P en CEPAL Review CEPAL Review 67 application/pdf PERU PERU
institution Cepal
collection Cepal
language English
topic AJUSTE ESTRUCTURAL
HISTORIA ECONOMICA
NEOLIBERALISMO
REFORMA ECONOMICA
ECONOMIC HISTORY
ECONOMIC REFORM
NEOLIBERALISM
STRUCTURAL ADJUSTMENT
spellingShingle AJUSTE ESTRUCTURAL
HISTORIA ECONOMICA
NEOLIBERALISMO
REFORMA ECONOMICA
ECONOMIC HISTORY
ECONOMIC REFORM
NEOLIBERALISM
STRUCTURAL ADJUSTMENT
Dancourt, Oscar
Neoliberal reforms and macroeconomic policy in Peru
description Includes bibliography
format Texto
author Dancourt, Oscar
author_facet Dancourt, Oscar
author_sort Dancourt, Oscar
title Neoliberal reforms and macroeconomic policy in Peru
title_short Neoliberal reforms and macroeconomic policy in Peru
title_full Neoliberal reforms and macroeconomic policy in Peru
title_fullStr Neoliberal reforms and macroeconomic policy in Peru
title_full_unstemmed Neoliberal reforms and macroeconomic policy in Peru
title_sort neoliberal reforms and macroeconomic policy in peru
publishDate 2014
url http://hdl.handle.net/11362/10675
work_keys_str_mv AT dancourtoscar neoliberalreformsandmacroeconomicpolicyinperu
_version_ 1718438532235657216

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