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Economic Policy after the Transition to Democracy: A Synthesis

  • Juan Antonio Morales
Part of the International Political Economy Series book series (IPES)

Abstract

The 1980s brought enormous changes, both political and economic, to almost all the countries of Latin America. In the political sphere the most important change was the transition to democracy after many years of military dictatorship in a large number of countries. In the economic field we saw — after a severe crisis — reduced inflation, liberalised markets, the start of privatisation and, more generally, measures aimed at radically reducing the participation of the state in the economy. These large economic reforms were accompanied by stabilisation programmes that, superficially, appeared to have more limited objectives.

Keywords

Exchange Rate Economic Policy Real Exchange Rate Structural Reform Democratic Government 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Palgrave Macmillan, a division of Macmillan Publishers Limited 1996

Authors and Affiliations

  • Juan Antonio Morales

There are no affiliations available

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