Industrialization and Stabilization Dilemmas in Latin America

David Felix

The Journal of Economic History, 1959, vol. 19, issue 4, 584-599

Abstract: Industrial growth and chronic, in many cases severe, inflation are two salient features of the past-war economic history of the larger Latin American countries. There is general recognition that the two phenomena are related, at least in the sense that industry has been one of the major recipients of state subsidies and inflationary credit. But beyond this, analysis divides into the usual demand inflation and cost-push categories.

Date: 1959
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