Ebook396 pages9 hours
The Macroeconomics of Populism in Latin America
Rating: 0 out of 5 stars
()
About this ebook
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.
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.
Related to The Macroeconomics of Populism in Latin America
Titles in the series (100)
High-Skilled Migration to the United States and Its Economic Consequences Rating: 0 out of 5 stars0 ratingsAccelerating Energy Innovation: Insights from Multiple Sectors Rating: 0 out of 5 stars0 ratingsEconomics of Means-Tested Transfer Programs in the United States, Volume II Rating: 0 out of 5 stars0 ratingsThe Economics of Artificial Intelligence: An Agenda Rating: 0 out of 5 stars0 ratingsEconomic Dimensions of Personalized and Precision Medicine Rating: 0 out of 5 stars0 ratingsAfrican Successes, Volume IV: Sustainable Growth Rating: 0 out of 5 stars0 ratingsAfrican Successes, Volume I: Government and Institutions Rating: 0 out of 5 stars0 ratingsG7 Current Account Imbalances: Sustainability and Adjustment Rating: 0 out of 5 stars0 ratingsAfrican Successes, Volume II: Human Capital Rating: 0 out of 5 stars0 ratingsCoordination and Information: Historical Perspectives on the Organization of Enterprise Rating: 0 out of 5 stars0 ratingsEconomic Regulation and Its Reform: What Have We Learned? Rating: 0 out of 5 stars0 ratingsCapitalizing China Rating: 0 out of 5 stars0 ratingsAfrican Successes, Volume III: Modernization and Development Rating: 0 out of 5 stars0 ratingsEconomics of Means-Tested Transfer Programs in the United States, Volume I Rating: 0 out of 5 stars0 ratingsInsights in the Economics of Aging Rating: 0 out of 5 stars0 ratingsCapital Controls and Capital Flows in Emerging Economies: Policies, Practices, and Consequences Rating: 0 out of 5 stars0 ratingsCorruption and Reform: Lessons from America's Economic History Rating: 3 out of 5 stars3/5The American Business Cycle: Continuity and Change Rating: 0 out of 5 stars0 ratingsHealth Care Issues in the United States and Japan Rating: 0 out of 5 stars0 ratingsExchange Rate Theory and Practice Rating: 0 out of 5 stars0 ratingsThe Economics of Poverty Traps Rating: 0 out of 5 stars0 ratingsThe Great Inflation: The Rebirth of Modern Central Banking Rating: 0 out of 5 stars0 ratingsAsset Prices and Monetary Policy Rating: 5 out of 5 stars5/5Organizations, Civil Society, and the Roots of Development Rating: 0 out of 5 stars0 ratingsHow the Financial Crisis and Great Recession Affected Higher Education Rating: 0 out of 5 stars0 ratingsThe Changing Frontier: Rethinking Science and Innovation Policy Rating: 0 out of 5 stars0 ratingsFinancial Markets Volatility and Performance in Emerging Markets Rating: 0 out of 5 stars0 ratingsThe Economics of Crime: Lessons For and From Latin America Rating: 0 out of 5 stars0 ratingsThe Intended and Unintended Effects of U.S. Agricultural and Biotechnology Policies Rating: 0 out of 5 stars0 ratingsThe United States in the World Economy Rating: 0 out of 5 stars0 ratings
Related ebooks
Rational Expectations and Economic Policy Rating: 0 out of 5 stars0 ratingsCoordination and Information: Historical Perspectives on the Organization of Enterprise Rating: 0 out of 5 stars0 ratingsAsymmetric Information, Corporate Finance, and Investment Rating: 0 out of 5 stars0 ratingsReducing Inflation: Motivation and Strategy Rating: 0 out of 5 stars0 ratingsMonetary Policy Rating: 3 out of 5 stars3/5Japanese Monetary Policy Rating: 0 out of 5 stars0 ratingsEquality of Opportunity Rating: 4 out of 5 stars4/5Uncertainty in Economics: Readings and Exercises Rating: 0 out of 5 stars0 ratingsGARCH Models: Structure, Statistical Inference and Financial Applications Rating: 5 out of 5 stars5/5Robustness Rating: 4 out of 5 stars4/5Left Behind: Latin America and the False Promise of Populism Rating: 0 out of 5 stars0 ratingsInformation Choice in Macroeconomics and Finance Rating: 3 out of 5 stars3/5Macroeconomics: An Introduction to the Non-Walrasian Approach Rating: 0 out of 5 stars0 ratingsUnderstanding the Process of Economic Change Rating: 4 out of 5 stars4/5In the Long Run We Are All Dead: Keynesianism, Political Economy, and Revolution Rating: 4 out of 5 stars4/5The Economics of Enough: How to Run the Economy as If the Future Matters Rating: 0 out of 5 stars0 ratingsPopulist Seduction in Latin America Rating: 5 out of 5 stars5/5Incomplete Democracy: Political Democratization in Chile and Latin America Rating: 0 out of 5 stars0 ratingsBayesian Estimation of DSGE Models Rating: 5 out of 5 stars5/5Unified Growth Theory Rating: 5 out of 5 stars5/5The Hesitant Hand: Taming Self-Interest in the History of Economic Ideas Rating: 0 out of 5 stars0 ratingsCapitalism and Its Economics: A Critical History Rating: 4 out of 5 stars4/5Structural Macroeconometrics: Second Edition Rating: 3 out of 5 stars3/5Studies in Macroeconomic Theory: Redistribution and Growth Rating: 0 out of 5 stars0 ratingsAdults in the Room: My Battle with the European and American Deep Establishment Rating: 4 out of 5 stars4/5Introduction to Quantitative Macroeconomics Using Julia: From Basic to State-of-the-Art Computational Techniques Rating: 0 out of 5 stars0 ratingsCapital as Will and Imagination: Schumpeter's Guide to the Postwar Japanese Miracle Rating: 0 out of 5 stars0 ratingsUnderstanding DSGE models: Theory and Applications Rating: 0 out of 5 stars0 ratingsAdvanced Lectures in Quantitative Economics Rating: 0 out of 5 stars0 ratings
Reviews for The Macroeconomics of Populism in Latin America
Rating: 0 out of 5 stars
0 ratings
0 ratings0 reviews
Book preview
The Macroeconomics of Populism in Latin America - Rudiger Dornbusch
Enjoying the preview?
Page 1 of 1