We found a match
Your institution may have access to this item. Find your institution then sign in to continue.
- Title
POLICIES TO REDUCE INSTABILITY.
- Authors
Brunstein, Luis F.
- Abstract
The current stabilization policy adopted by many Latin American countries demands a restrictive monetary policy coupled with a conservative fiscal policy. While these policies have been adapted to suture financial fragilities, they have not been able to significantly improve the levels of structural poverty and unemployment, rendering the approach vulnerable to political risk. By exploring the case of Argentina, this paper argues that the presence of such risk forces the government to adopt a heterodox, eclectic and very flexible approach to policy formation that may maximize its chances to achieve long term social objectives.
- Subjects
LATIN America; MONETARY policy; ECONOMIC policy; PUBLIC finance; MONETARY theory; MONEY supply; CURRENCY boards; PUBLIC spending; FISCAL policy
- Publication
Economía del Caribe, 2008, Issue 1, p1
- ISSN
2011-2106
- Publication type
Article