This paper presents an intertemporal version of the Mundell-Fleming model, with free capital movements and floating exchange rate. The model includes two subsystems, one for each period that allows exchange rate, production, and interest rate expectations to be determined, under perfect...

This essay shows that the neoliberal adjustment program has reprimarized the Peruvian economy and has truncated the industrialization process. As a result of this adjustment, the manufacturing industry has lost its leadership and its international competitiveness and the external bottleneck has...

The series of employment and unemployment are fundamental pieces for the analysis of the effects of the economic policy on the well being of households. The divergence between which the public perceives like a problem of lack of employment and what the government affirms, that the problem is...

The most important influence of public debt payments on the Health Sector policy occurs through its impact on the budget. This paper suggests that debt payments contribute to: a) reduce the access of the poor, b) increase the inequality of access, c) the increasing vulnerability of the more...

Malaria is one of the more important public health problems in Peru and the world. Besides the human costs, that are the most important, malaria has an economic impact. This paper estimates the cost that malaria has for the peruvian society in 119.5 million of Soles in 1998, equal to 1.5 per...

The Peruvian economic growth of 1993-1995 and 1997 and the current recession allow us to see that the main limits of the neoliberal model to sustain growth in the long run are: a) the pattern of capital accumulation and the productive structure which was constructed in the last nine years; b)...