In most cases the new democratic governments inherited an extremely precarious economic situation, which left little room to manoeuvre. In each of six cases - Argentina, Bolivia, Brazil, Chile, Paraguay, and Uruguay - an analysis is made of the difficulties encountered and the performance of the democratic governments.

List of Tables - Notes on the Contributors - Foreword - A Note from the Editors - List of Abbreviations - Economic Policy after the Transition to Democracy: a Synthesis; J.A.Morales - Economic Policy in Bolivia after the Transition to Democracy; J.A.Morales - Democratic Restoration and Economic Policy: Argentina, 1984-91; M.Damill & R.Frenkel - An Economist's Political View of Democratization in Brazil - E.J.Amadeo - Democratic Restoration and Economic Policy: Uruguay 1985-89; L.Macadar - Economic Policy and the Transition to Democracy in Paraguay; M.H.Birch - Chile in Transition: Economic and Political Strategies; O.M.Goma & C.Celedon - Index