Crisis y recuperación económica: el papel de la política fiscal

Content Provider	Semantic Scholar
Author	Cruz, Moritz Lapa, Javier
Copyright Year	2011
Abstract	We develop a comparative analysis of five economies that recently went through financial crises (Mexico 1994, South Korea 1997, Russia 1998, Brazil 1998 and Argentina 2001), in order to identify the role economic policy played during the crisis and the subsequent process of economic recovery. Our analysis indicates that only Mexico upheldand maintained its economic policy, including its fiscal policy, subject to the restrictions of the economic model that led to the crisis. Although Brazil did the sameto confront the crisis, during its recovery process it broke with this restriction. Finally, Argentina, South Korea and Russia characterized themselves by breaking from the crisis, although in differing degrees, through the restriction of economic policy, a stance that has been kept to since then.
Starting Page	95
Ending Page	116
Page Count	22
File Format	PDF HTM / HTML
DOI	10.22201/iiec.20078951e.2012.168.28639
Volume Number	43
Alternate Webpage(s)	http://www.scielo.org.mx/pdf/prode/v43n168/v43n168a5.pdf
Alternate Webpage(s)	https://doi.org/10.22201/iiec.20078951e.2012.168.28639
Language	English
Access Restriction	Open
Content Type	Text
Resource Type	Article