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In this chapter, we review the monetary and fiscal history of Argentina for the period 1960–2017, a time during which then country suffered several balance of payments crises, three periods of hyperinflation, two defaults on government debt, and three banking crises. All told, between 1969 and...
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After the economic reforms that followed the National Revolution of the 1950s, Bolivia seemed positioned for sustained growth. Indeed, it achieved unprecedented growth from 1960 to 1977. The rapid accumulation of debt due to persistent deficits and a fixed exchange rate policy during the 1970s...
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Brazil has had a long period of high inflation. It peaked around 100 percent per year in 1964, decreased until the … indexation in accounting for the unique features of inflation dynamics in Brazil.Institutional subscribers to the NBER working …
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After the economic reforms that followed the National Revolution of the 1950s, Bolivia seemed positioned for sustained growth. Indeed, it achieved unprecedented growth during 1960–1977. Mistakes in economic policies, especially the rapid accumulation of debt and a fixed exchange rate policy...
Persistent link: https://www.econbiz.de/10012898376
Brazil had a long period of high inflation. It peaked around 100% per year in 1964, and accelerated again in the 1970s … features of the inflation dynamics in Brazil in comparison to the other Latin American countries …
Persistent link: https://www.econbiz.de/10012898377