Written just before the inauguration of the new president of Peru, Alberto Fujimori, this article comments the necessity to banish populism and take emergency measures, together with a long-run programme, in order to obtain an effective stabilization of the economy. It emphasizes what could be...

This article focuses on the contradictory position of the United States in its economic policies towards Latin America. By pressuring the region to maintain its debt service, the US government left Latin American countries with little choice but to produce large trade surpluses, as voluntary...