Kiel Working Papers, Kiel Institute for World Economics
No 1060:
Macroeconomic Constraints on Economic Development and Poverty Reduction: The Case of Bolivia
Rainer Schweickert
Abstract: Bolivias macroeconomic performance in the period 1994 to
1998 is analyzed and compared with the performance in former periods and
the performance of other developing countries (grouped according to income,
region, and debt status). This allows to assess what has been achieved in
Bolivia since the deep crisis of the early 1980s. A special focus is
whether the constraints to investment, economic development, and
redistribution, i.e. on domestic savings, export performance, and fiscal
revenues have been relaxed. Findings suggest an overperformance with
respect to stabilization and an underperformance with respect to the growth
constraints.
Keywords: Stabilization, Macroeconomic Constraints, Economic Development, Bolivia; (follow links to similar papers)
JEL-Codes: E65; (follow links to similar papers)
46 pages, July 2001
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