This book examines for the first time the detrimental effects of foreign loans on domestic prices and inflation in Peru. Based on a macroeconomic examination of Peru during 1960-1980, the author concludes that while private and official loans initially have benefitted the Peruvian economy, their long-term effect has been to reinforce inflation.
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Book Description Praeger Publishers Inc, 1985. Hardcover. Book Condition: New. book. Bookseller Inventory # 30025990