The Political Economy of Devaluation: The Case of Peru, 1975-1978

ISBN-13: 9780367310356 / Angielski / Miękka / 2021 / 127 str.

Jorge L. Daly

Opis

This book assesses the impact of devaluation policies on the economies of developing countries by focusing on Peru's experience during the 1975-1978 period. It addresses the theoretical rationale of devaluation, incorporating discussion of the methodological foundations.

Spis treści

LIST OF TABlES -- ACKNOWLEDGMENTS -- Chapter -- I. INTRODUTION -- Purpose and Importance of the Study -- Methodology -- The Data -- II. THE PERUVIAN ECONOMY IN THE 1970s: -- A DESCRIPTIVE ANALYSIS -- Structural Analysis of the Peruvian Economy -- The Importance of the External Sector -- Crisis -- III. SURVEY AND THEORETICAL RATIONALE OF -- STABILIZATION POLICIES -- Survey of the Stabilization Policies -- Theoretical Rationale -- Applicability -- IV. DEVALUATION: EMPIRICAL RESULTS AND -- MACROECONOMIC IMPACT -- Theoretical Rationale -- Structure -- Results -- Macroeconomic Impact -- V. ALTERNATIVE APPROACHES -- Theoretical Framework -- A General Evaluation -- VI. CONCLUSIONS -- EPILOGUE -- BIBLIOGRAPHY.