Peru
- Author: Economic Commission for Latin America and the Caribbean
- Main Title: Economic Survey of Latin America and the Caribbean 1986 , pp 599-633
- Publication Date: December 1986
- DOI: https://doi.org/10.18356/daf6f3d3-en
- Language: English
During 1986 Peru made substantial progress towards the principal objectives laid out in the July 1985 Emergency Economic Programme. Nevertheless, this progress was achieved at a certain cost. The heterodox economic policy implemented by the government did indeed reduce some imbalances —the excess of idle installed capacity, high unemployment, inflation, depressed real wages, the large-scale dollarization of the economy, and the heavy burden represented by the service on the external debt— but this was done at the expense of exacerbating the imbalances in other spheres of the economy.
© United Nations
ISBN (PDF):
9789210583039
Book DOI:
https://doi.org/10.18356/28c47f8a-en
Related Subject(s):
Economic and Social Development
Sustainable Development Goals:
Countries:
Peru
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