The macroeconomics of populism / Rudiger Dornbusch, Sebastian Edwards -- The political economy of Latin American populism / Robert R. Kaufman, Barbara Stallings -- Populism, profligacy, and redistribution / Eliana Cardoso, Ann Helwege -- Description of a populist experience: Argentina, 1973-1976...

For dozens of developing countries, the financial upheavals of the 1980s have set back economic development by a decade or more. Poverty in those countries has intensified as they struggle under the burden of an enormous external debt. In 1988, more than six years after the onset of the crisis,...

Frontmatter -- CONTENTS -- List of Figures -- List of Tables -- Acknowledgments -- Foreword -- Introduction -- PART I DEBT CRISIS IN THE THIRD WORLD -- Chapter 1 The Outlook for Development -- Chapter 2 External Shocks, Adjustment, and Income Distribution -- Chapter 3 Losers Pay Reparations, Or...

Macroeconomic populism is an approach to economics that emphasizes growth and income distribution and deemphasizes the risks of inflation and deficit finance, external constraints and the reaction of economic agents to aggressive non-market policies. The purpose of our paper is to show that...

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....