Arbeitspapier

Bolivia: La experiencia populista de los años ochenta

In late 1982 Bolivia returned to democracy, after a long period of mostly military governments, during whose tenure real wages had declined considerably. The first democratic government, presided by Dr. Hernán Siles Suazo inherited of the military governmets a much deteriorated economy, marked by the external debt crisis. Siles Zuazo found very difficult to mediate between macroeconomic adjustment and the demands of his electorate. The government's defensive populism was unable to cope with the mounting social pressures that affected the fiscal deficits which were financed printing money. The resulting inflation that culminated in hyperinflation was moreover accompanied by food shortages and black markets. GDP fell substantially. The Central Confederation of Workers disdained the fiscal and balance of payments constraints and its wage race was a major culprit of the economic disaster. The hyperinflation was stopped with a drastic and orthodox program of stabilization that a side result politically weakened organized labor.

Sprache
Spanisch

Erschienen in
Series: Documento de Trabajo ; No. 03/08

Klassifikation
Wirtschaft

Ereignis
Geistige Schöpfung
(wer)
Morales, Juan Antonio
Ereignis
Veröffentlichung
(wer)
Universidad Católica Boliviana, Instituto de Investigaciones Socio-Económicas (IISEC)
(wo)
La Paz
(wann)
2008

Handle
Letzte Aktualisierung
10.03.2025, 11:46 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Morales, Juan Antonio
  • Universidad Católica Boliviana, Instituto de Investigaciones Socio-Económicas (IISEC)

Entstanden

  • 2008

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