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Reformas estructurales y política macroeconómica en el Perú: 1990-1996

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  • Oscar Dancourt

    (Departamento de Economía- Pontificia Universidad Católica del Perú)

Abstract

This paper describes the neoliberal experiment of the 90’s, placing it in its historical context. The central hypothesis of the document is that the Peruvian economy of the 90s lacks an operative system of fiscal and monetary policies that functions without producing huge disruptions in the level of economic activity. The monetary authority does no have the basic instruments that normally have been used to manage the external adverse shocks in the Peruvian economy, as a consequence of the two structural reforms carried out on the financial sphere: the dollarization of the banking system and the opening of the capital account.

Suggested Citation

  • Oscar Dancourt, 1997. "Reformas estructurales y política macroeconómica en el Perú: 1990-1996," Documentos de Trabajo / Working Papers 1997-134, Departamento de Economía - Pontificia Universidad Católica del Perú.
    • Handle: RePEc:pcp:pucwps:wp00134
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    File URL: http://files.pucp.edu.pe/departamento/economia/DDD134.pdf
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    Cited by:

    1. Damonte, Gerardo, 2021. "Limited state governance and institutional hybridization in alluvial ASM in Peru," Resources Policy, Elsevier, vol. 72(C).
    2. Orihuela, José Carlos, 2013. "How do “Mineral-States” Learn? Path-Dependence, Networks, and Policy Change in the Development of Economic Institutions," World Development, Elsevier, vol. 43(C), pages 138-148.

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