Friedman versus Keynes in Latin America

Jürgen Westphalen

Intereconomics – Review of European Economic Policy (1966 - 1988), 1982, vol. 17, issue 4, 184-189

Abstract: In a number of Latin American countries, the influence of John Maynard Keynes and his Latin American proponent Raúl Prebisch, was forced during the seventies to give way to the liberal-monetarist principles of Milton Friedman. What advantages and disadvantages have ensued from this change of course? Do Friedman's theories point a way out of Latin America's present economic and social problems?

Keywords: Latin; America (search for similar items in EconPapers)
Date: 1982
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:inteco:139814

DOI: 10.1007/BF02927916

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