The Peruvian debacle: economic dynamics and political causes?

Alan Garcia's administraron began with great promise. The economic policy implemented in the first two years was based on a pragmatic evaluation of the country 's circumstances. The economic activation pursued was successful, however timely export promotion was not undertaken;asa result, p...

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Autor principal: Schydlowsky, Daniel
Formato: info:eu-repo/semantics/article
Lenguaje:Español
Publicado: Universidad del Pacífico 1989
Acceso en línea:https://revistas.up.edu.pe/index.php/apuntes/article/view/295
http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/52626
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author Schydlowsky, Daniel
author_facet Schydlowsky, Daniel
author_sort Schydlowsky, Daniel
collection Repositorio
description Alan Garcia's administraron began with great promise. The economic policy implemented in the first two years was based on a pragmatic evaluation of the country 's circumstances. The economic activation pursued was successful, however timely export promotion was not undertaken;asa result, problems began toappear in late 1986. The situation could still be saved in mid 1987, however Alan García decided to expropriate the prívate banks. He thereby rent asunder the fundamental social contract of the country and made the economy basically unmanageable. Economic policy from that point on also left much tobe desired in terms of coherence and technical design. The result has been the worst economic crisis in recent history, and an avoidable one to boot.
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spelling clacso-CLACSO526262022-03-17T18:47:46Z The Peruvian debacle: economic dynamics and political causes? La debacle peruana: ¿dinámica económica o causas políticas? Schydlowsky, Daniel Alan Garcia's administraron began with great promise. The economic policy implemented in the first two years was based on a pragmatic evaluation of the country 's circumstances. The economic activation pursued was successful, however timely export promotion was not undertaken;asa result, problems began toappear in late 1986. The situation could still be saved in mid 1987, however Alan García decided to expropriate the prívate banks. He thereby rent asunder the fundamental social contract of the country and made the economy basically unmanageable. Economic policy from that point on also left much tobe desired in terms of coherence and technical design. The result has been the worst economic crisis in recent history, and an avoidable one to boot. El gobierno de Alan García se inició con grandes esperanzas. La política económica implementada en los primeros dos años se basó en una evaluación pragmática de las circunstancias del país. La activación económica perseguida fue exitosa pero olvidó una oportuna promoción de exportaciones; ello comenzó a causar problemas a partir de fines de 1986. La situación todavía era salvable a mediados de 1987 pero Alan García decidió estatizar la banca. Con ello rompió el pacto social de fondo del país y convirtió la economía en básicamente ingobernable. La política económica a partir de la estatización también dejó mucho que desear en cuanto a coherencia y diseño técnico. El resultado neto ha sido la peor crisis económica de la historia reciente y, por añadidura, una crisis evitable. 1989-12-11 2022-03-17T18:47:46Z 2022-03-17T18:47:46Z info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion https://revistas.up.edu.pe/index.php/apuntes/article/view/295 10.21678/apuntes.25.295 http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/52626 spa https://revistas.up.edu.pe/index.php/apuntes/article/view/295/297 Derechos de autor 2017 Apuntes http://creativecommons.org/licenses/by/4.0 application/pdf Universidad del Pacífico Apuntes. Social Sciences Journal; Apuntes 25; 3-25 Apuntes. Revista de ciencias sociales; Apuntes 25; 3-25 2223-1757 0252-1865
spellingShingle Schydlowsky, Daniel
The Peruvian debacle: economic dynamics and political causes?
title The Peruvian debacle: economic dynamics and political causes?
title_full The Peruvian debacle: economic dynamics and political causes?
title_fullStr The Peruvian debacle: economic dynamics and political causes?
title_full_unstemmed The Peruvian debacle: economic dynamics and political causes?
title_short The Peruvian debacle: economic dynamics and political causes?
title_sort peruvian debacle: economic dynamics and political causes?
url https://revistas.up.edu.pe/index.php/apuntes/article/view/295
http://biblioteca-repositorio.clacso.edu.ar/handle/CLACSO/52626