Author: Alfonso W. Quiroz
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 320
Book Description
In exploring the financial history of a chronically indebted Latin American country, Domestic and Foreign Finance in Modern Peru seeks to elucidate the evolving links between private, public and foreign finance in order to assess their contribution to economic development. This novel historical approach allows the revision of commonly accepted views on the presumed insignificance of private financial systems and elite groups during the heyday of export-led growth. Alternatively, the book shows that major setbacks in financial decisions and strategies derived from expansionary public finance and its interaction with foreign financial flows. The book's demonstration rests on extensive evidence and research from private and public archives in Britain, France, Germany, Peru, Spain and the USA. Theoretically, this study contributes to a much-needed comprehensive model to explain financial problems in Latin American export economies.