Apertura, cuenta corriente y transferencia externa en el Perú

Alan Fairlie Reinoso ()

No 1996-131, Documentos de Trabajo / Working Papers from Departamento de Economía - Pontificia Universidad Católica del Perú

Abstract: This paper analyze the peruvian economy evolution since 1970 to 1993, testing the mainly growth constraint, using different alternatives of estimation with a “three gap” model. The results show that they have not been, the fiscal gap neither the saving gap, that have limitated the growth. The external constraint is the most important one that has not been eliminated because the capital flows in the nineties. But if the actual desequilibrium in the current account are not corrected, it would reappear (making worse) like a balance of payment crisis, and this is one of the structural problems in Peru.

Pages: 59 pages
Date: 1996
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