For the past fifteen years Peru has suffered a profound and lasting economic crisis that threatens the stability of the country's fragile democratic system. Economic mismanagement has led to plummeting per capita income, accelerating inflation --an annualized rate of nearly 3,000 percent by 1989 --and widespread social upheaval. This study by experts in the United States and Latin America offers a coherent proposal for economic stabilization and structural adjustment to restore economic growth --but growth with equity --to this distressed country.
The contributors provide background...
For the past fifteen years Peru has suffered a profound and lasting economic crisis that threatens the stability of the country's fragile democrati...
