LEADER 04269oam 2200673 450 001 9910458405103321 005 20210615180445.0 010 $a1-281-22329-8 010 $a9786611223298 010 $a0-226-15848-9 024 7 $a10.7208/9780226158488 035 $a(CKB)1000000000398784 035 $a(EBL)408551 035 $a(OCoLC)437248249 035 $a(SSID)ssj0000195182 035 $a(PQKBManifestationID)11183420 035 $a(PQKBTitleCode)TC0000195182 035 $a(PQKBWorkID)10257661 035 $a(PQKB)10846194 035 $a(MiAaPQ)EBC408551 035 $a(DE-B1597)524495 035 $a(OCoLC)824143743 035 $a(DE-B1597)9780226158488 035 $a(Au-PeEL)EBL408551 035 $a(CaPaEBR)ebr10216989 035 $a(CaONFJC)MIL122329 035 $a(EXLCZ)991000000000398784 100 $a19910617d1991 uy 0 101 0 $aeng 135 $aurcn#|||a|a|| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 04$aThe macroeconomics of populism in Latin America /$fedited by Rudiger Dornbusch and Sebastian Edwards 210 1$aChicago :$cUniversity of Chicago Press,$d1991. 215 $a1 online resource (ix, 402 pages) $cillustrations 225 1 $aA National Bureau of Economic Research conference report 300 $aPapers of a conference held at the Interamerican Development Bank in May 1990. 311 08$aPrint version: 0226158438 hardcover 311 08$aPrint version: 0226158446 paperback 320 $aIncludes bibliographical references and indexes. 327 $tFront matter --$tNational Bureau of Economic Research --$tContents --$tPreface --$tIntroduction --$t1. The Macroeconomics of Populism --$t2. The Political Economy of Latin American Populism --$t3. Populism, Profligacy, and Redistribution --$t4. Description of a Populist Experience: Argentina, 1973-1976 --$t5. What Have Populists Learned from Hyperinflation? --$t6. Sixty Years of Populism in Brazil --$t7. The Socialist-Populist Chilean Experience, 1970-1973 --$t8. Populism and Economic Policy in Mexico, 1970-1982 --$t9. The Illusion of Pursuing Redistribution through Macropolicy: Peru's Heterodox Experience, 1985-1990 --$t10. Collapse and (Incomplete) Stabilization of the Nicaraguan Economy --$t11. On the Absence of Economic Populism in Colombia --$tContributors --$tName Index --$tSubject Index 330 $aAgain and again, Latin America has seen the populist scenario played to an unfortunate end. Upon gaining power, populist governments attempt to revive the economy through massive spending. After an initial recovery, inflation reemerges and the government responds with wage an price controls. Shortages, overvaluation, burgeoning deficits, and capital flight soon precipitate economic crisis, with a subsequent collapse of the populist regime. The lessons of this experience are especially valuable for countries in Eastern Europe, as they face major political and economic decisions. Economists and political scientists from the United States and Latin America detail in this volume how and why such programs go wrong and what leads policymakers to repeatedly adopt these policies despite a history of failure. Authors examine this pattern in Argentina, Brazil, Chile, Mexico, Nicaragua, and Peru-and show how Colombia managed to avoid it. Despite differences in how each country implemented its policies, the macroeconomic consequences were remarkably similar. Scholars of Latin America will find this work a valuable resource, offering a distinctive macroeconomic perspective on the continuing controversy over the dynamics of populism. 410 0$aConference report (National Bureau of Economic Research) 606 $aPopulism$zLatin America$vCongresses 607 $aLatin America$xEconomic conditions$y1945-$vCongresses 607 $aLatin America$xEconomic policy$vCongresses 615 0$aPopulism 676 $a339.5/098 702 $aDornbusch$b Rudiger 702 $aEdwards$b Sebastian$f1953- 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 801 2$bCaOWtU 906 $aBOOK 912 $a9910458405103321 996 $aMacroeconomics of Populism in Latin America$9461481 997 $aUNINA