ABSTRACT

This book analyzes the Peruvian and Bolivian macroeconomic experiments. It contrasts the logic of orthodox and heterodox policy, offers an account of the dynamics of hyperinflation and stabilization, explores the explicit and implicit class character, and suggests some lessons for future policy .

chapter 1|13 pages

Macroeconomic Experiments in the 1980s

chapter 4|40 pages

Bolivia: Hyperinflation and Stabilization

chapter 5|36 pages

Peru: Stabilization and Hyperinflation

chapter 6|16 pages

Evaluating the Experiments