Additional information

Full Title

Peru and the International Monetary Fund

Author(s)

Thomas Scheetz

Edition
ISBN

9780822977087, 9780822938163, 9780822985662

Publisher

University of Pittsburgh Press

Format

PDF and EPUB

Description

Thomas Scheetz shows that the Internationaly Monetary Fund's 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 "excess demand" in fact harm the poor, and the support the rich.