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The origin and magnitude of the recessionary adjustment in Latin America

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  • Ground, Richard Lynn

Abstract

Analiza el ajuste experimentado por los paises de America Latina. Sostiene que el caracter recesivo del mismo obedece sobre todo a la aguda escasez de financiamiento externo y que el logro de un ajuste eficiente y de una recuperacion oportuna y vigorosa depende en gran medida de reformas de las politicas crediticias de la comunidad financiera internacional que se traduzcan en el suministro de un financiamiento acorde tanto con el impacto que ejercen las perturbaciones externas sobre el balance de pagos de los paises deficitarios, como con la capacidad de estos de acomodar mermas reales del gasto sin perdidas de produccion.

Suggested Citation

  • Ground, Richard Lynn, 1986. "The origin and magnitude of the recessionary adjustment in Latin America," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
    • Handle: RePEc:ecr:col070:12465
    Note: Includes bibliography
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    File URL: http://repositorio.cepal.org/handle/11362/12465
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    References listed on IDEAS

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    1. Anonymous, 1950. "International Monetary Fund," International Organization, Cambridge University Press, vol. 4(2), pages 322-323, May.
    2. Anonymous, 1950. "International Monetary Fund," International Organization, Cambridge University Press, vol. 4(1), pages 132-133, February.
    3. Anonymous, 1950. "International Monetary Fund," International Organization, Cambridge University Press, vol. 4(4), pages 678-680, November.
    4. Anonymous, 1950. "International Monetary Fund," International Organization, Cambridge University Press, vol. 4(3), pages 491-492, August.
    5. Prebisch, Raúl, 1950. "The economic development of Latin America and its principal problems," Sede de la CEPAL en Santiago (Estudios e Investigaciones) 29973, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
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    Cited by:

    1. Ground, Richard Lynn, 1987. "Agricultural development and macroeconomic balance in Latin America: an overview of some basic policy issues," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.

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