In This Review

Peru and the International Monetary Fund
Peru and the International Monetary Fund
By Thomas Scheetz
University of Pittsburgh Press, 1986, 257 pp
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The IMF's monetary approach to a Peruvian balance of payments comes under heavy fire here, the author assailing it as neither good theory nor good policy and accusing it of aiming not at stabilization but at a surplus in external accounts. There is extensive statistical material.