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Growth in Latin America in the 1980s was much slower than it had been in previous decades and real resource transfer has been negative since 1983. What are the chances that this situation will change in the nineties? Where can the necessary development finance come from? Can bottlenecks be avoided?
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In the 1970s Latin America accounted for a high, and constantly increasing, proportion of the total public foreign debt of all developing countries, reaching a share of 35% by the end of the decade. In comparison, Latin America's share of the total GDP of the developing countries is around 20%....
Persistent link: https://www.econbiz.de/10011553022
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...
Persistent link: https://www.econbiz.de/10011554730
Economic and development policies in Latin America, as in all other developing countries, are supposed to tackle the problem how to increase total income and, at the same time, how to reduce the present inequalities in the distribution of income. The opinions on the question, which of these...
Persistent link: https://www.econbiz.de/10011555880
Latin America's foreign debts have been mounting fast in the last ten years. The following article shows that it would nevertheless be wrong to suggest that Latin America has generally run up excessive debts.
Persistent link: https://www.econbiz.de/10011556649