"Toranzo examines Bolivian stabilization and structural adjustment through 1991, focusing on social issues. Argues that the government attempted to use social spending to cushion effects of economic stabilization, but failed to make such spending a real focus. Chávez presents a formal structuralist model of Bolivia's hyperinflation. Argues that public prices, the exchange rate, and an underlying distributional conflict among social actors played key roles in generating hyperinflation"--Handbook of Latin American Studies, v. 57.

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