ISBN-13: 9780275901042 / Angielski / Miękka / 1985 / 208 str.
This book examines for the first time the detrimental effects of foreign loans on domestic prices and inflation in Peru. Based on a macroeconomic examination of Peru during 1960-1980, the author concludes that while private and official loans initially have benefitted the Peruvian economy, their long-term effect has been to reinforce inflation.