Macroeconomic Sustainability and Development Prospects : the Latin American Performance in the Nineties

Abstract

The nineties Latin American performance and the Mexican crisis. Since the beginning of the nineties Latin America has shown indications of recovery from the generalized crisis of the previous years. There has been a marked decline in the rate of inflation and a recovery of positive rates of growth. Until mid-1994, the mega inflationary process in Brazil placed this country outside the above-mentioned trends and so, given the significant relative weight of the country in the region, made the general characterization dubious. But the "Plano Real",… Tomado del texto original Fecha de reseña: 26/10/2016