This paper reviews the principal neo-liberal policy measures implemented in Latin America in the last decade and their impact on equity. It first emphasizes the difficulty of separating the repercussions of liberalization measures from the necessary fiscal adjustments of the 1980s, and their...

The stability of an economic policy regime depends in large measure on either its successful authoritarian imposition or on the general acceptance by society of the distributional status quo of assets and/or income. Although Argentina's Convertibility Plan "Currency Board" system) brought price...