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Peru and the International Monetary Fund (Paperback)

Imprint: University of Pittsburgh Press
Series: Pitt Latin American Series
Pages: 272
ISBN: 9780822985662
Published: 15th May 1986
Casemate UK Academic



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Thomas Scheetz shows that the Internationaly Monetary Fund\u2019s approach in 1980s Peru did not addresses the roots of debt and financial crisis, but instead has instituted inadequate stopgap policies, which have caused great inequities because of incorrect or biased assumptions. He argues that policies to eliminate \u201cexcess demand\u201d in fact harm the poor, and the support the rich.

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