search query: @indexterm economic analysis / total: 390
reference: 179 / 390
| Author: | |
| Title: | The dark side of the boom |
| Journal: | Economist (c)
1995 : AUG 5, VOL. 336:7926, p. 19-21 |
| Index terms: | ECONOMIC GROWTH ECONOMIC ANALYSIS PERU |
| Language: | eng |
| Abstract: | In 1990 Peru was in a sorry state. Economic mismanagement, political infighting, corruption and a vicious guerrilla insurgency had left it on the brink of economic and political collapse. Under the populist government of Alan Garcia output had shrunk by almost a third in three years. Inflation was running at over 40% a month. The fundamentalist Maoist of Sendero Luminoso - the "Shining Path" - were trying to bomb and murder their way to a Peru that would have made Pol Pot proud. In Lima they compared their country's implosion with that of Lebanon - and that was on a good day. |
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