Peru and the International Monetary Fund

Thomas Scheetz's Peru and the International Monetary Fund offers a carefully documented analysis of values and biases in the Fund's negotiations with debtor countries.
Latinamerica Press

Thomas Scheetz shows that the Internationaly Monetary Fund’s approach in 1980s Peru did not addresses the roots of debt and financial crisis, but instead has instituted inadequate stopgap policies, which have caused great inequities because of incorrect or biased assumptions. He argues that policies to eliminate “excess demand” in fact harm the poor, and the support the rich.

about the author

Thomas Scheetz

Thomas Scheetz is professor and researcher for the Universidad Nacional de Quilmes in Buenos Aires, Argentina.

learn more
Thomas Scheetz