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| Author: | Kappel, R. |
| Title: | Orthodoxe und heterodoxe Stabilisierungsprogramme in Lateinamerika |
| Journal: | Aussenwirtschaft
1990 : VOL. 45:2, p. 201-235 |
| Index terms: | STABILIZATION LATIN AMERICA |
| Language: | ger |
| Abstract: | A brief description of orthodox and heterodox diagnoses of economic instabilities and the respective stabilization concepts are given. Stabilization programs in four Latin American countries are analysed and compared: Bolivia and Chile as examples of orthodox programs and Brasil and Peru as examples of heterodox programs. The comparative analysis suggests that without orthodox austerity measures a stabilization program is bound to fail. |
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