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Macroeconomic policies: In search of a synthesis
- Source: CEPAL Review, Volume 1990, Issue 40, Jun 1990, p. 29 - 35
- Spanish
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- 18 Jun 1990
Abstract
This article analyses the evolution of the macroeconomic concepts which have prevailed in Latin America from the 1950s until the present. Two main concepts —structuralism and monetarism— have kept up an ongoing counterpoint over this period. The author analyses the main arguments of both currents of opinion and appraises their impact on the design of macroeconomic policies in the various stages of the region s development.
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