Friedman versus Keynes in Latin America

In a number of Latin American countries, the influence of John Maynard Keynes and his Latin American proponent Raúl Prebisch, was forced during the seventies to give way to the liberal-monetarist principles of Milton Friedman. What advantages and disadvantages have ensued from this change of course? Do Friedman's theories point a way out of Latin America's present economic and social problems?

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Year of publication:	1982
Authors:	Westphalen, Jürgen
Published in:	Intereconomics. - Hamburg : Verlag Weltarchiv, ISSN 0020-5346. - Vol. 17.1982, 4, p. 184-189
Publisher:	Hamburg : Verlag Weltarchiv
Subject:	Latin America

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Type of publication:	Article
Type of publication (narrower categories):	Article
Language:	English
Other identifiers:	10.1007/BF02927916 [DOI] 871683504 [GVK] hdl:10419/139814 [Handle] RePEc:zbw:inteco:139814 [RePEc]
Source:	EconStor

Persistent link: https://www.econbiz.de/10011470009