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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w25523 |
来源ID | Working Paper 25523 |
The Monetary and Fiscal History of Bolivia, 1960\u20132017 | |
Timothy J. Kehoe; Carlos Gustavo Machicado; José Peres-Cajías | |
发表日期 | 2019-02-18 |
出版年 | 2019 |
语种 | 英语 |
摘要 | After the economic reforms that followed the National Revolution of the 1950s, Bolivia seemed positioned for sustained growth. Indeed, it achieved unprecedented growth from 1960 to 1977. The rapid accumulation of debt due to persistent deficits and a fixed exchange rate policy during the 1970s led to a debt crisis that began in 1977. From 1977 to 1986, Bolivia lost almost all the gains in GDP per capita that it had achieved since 1960. In 1986, Bolivia started to grow again, interrupted only by the financial crisis of 1998–2002, which was the result of a drop in the availability of external financing. Bolivia has grown since 2002, but government policies since 2006 are reminiscent of the policies of the 1970s that led to the debt crisis, in particular, the accumulation of external debt and the drop in international reserves due to a de facto fixed exchange rate since 2012. |
主题 | Macroeconomics ; Monetary Policy ; Fiscal Policy ; Public Economics ; National Fiscal Issues ; History ; Macroeconomic History |
URL | https://www.nber.org/papers/w25523 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/583222 |
推荐引用方式 GB/T 7714 | Timothy J. Kehoe,Carlos Gustavo Machicado,José Peres-Cajías. The Monetary and Fiscal History of Bolivia, 1960\u20132017. 2019. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w25523.pdf(556KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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