The Economics of Contemporary Latin America

The Economics of Contemporary Latin America PDF Author: Beatriz Armendariz
Publisher: MIT Press
ISBN: 0262337878
Category : Political Science
Languages : en
Pages : 461

Get Book

Book Description
Analysis of Latin America's economy focusing on development, covering the colonial roots of inequality, boom and bust cycles, labor markets, and fiscal and monetary policy. Latin America is richly endowed with natural resources, fertile land, and vibrant cultures. Yet the region remains much poorer than its neighbors to the north. Most Latin American countries have not achieved standards of living and stable institutions comparable to those found in developed countries, have experienced repeated boom-bust cycles, and remain heavily reliant on primary commodities. This book studies the historical roots of Latin America's contemporary economic and social development, focusing on poverty and income inequality dating back to colonial times. It addresses today's legacies of the market-friendly reforms that took hold in the 1980s and 1990s by examining successful stabilizations and homemade monetary and fiscal institutional reforms. It offers a detailed analysis of trade and financial liberalization, twenty–first century-growth, and the decline in poverty and income inequality. Finally, the book offers an overall analysis of inclusive growth policies for development—including gender issues and the informal sector—and the challenges that lie ahead for the region, with special attention to pressing demands by the vibrant and vocal middle class, youth unemployment, and indigenous populations.

The Economics of Contemporary Latin America

The Economics of Contemporary Latin America PDF Author: Beatriz Armendariz
Publisher: MIT Press
ISBN: 0262337878
Category : Political Science
Languages : en
Pages : 461

Get Book

Book Description
Analysis of Latin America's economy focusing on development, covering the colonial roots of inequality, boom and bust cycles, labor markets, and fiscal and monetary policy. Latin America is richly endowed with natural resources, fertile land, and vibrant cultures. Yet the region remains much poorer than its neighbors to the north. Most Latin American countries have not achieved standards of living and stable institutions comparable to those found in developed countries, have experienced repeated boom-bust cycles, and remain heavily reliant on primary commodities. This book studies the historical roots of Latin America's contemporary economic and social development, focusing on poverty and income inequality dating back to colonial times. It addresses today's legacies of the market-friendly reforms that took hold in the 1980s and 1990s by examining successful stabilizations and homemade monetary and fiscal institutional reforms. It offers a detailed analysis of trade and financial liberalization, twenty–first century-growth, and the decline in poverty and income inequality. Finally, the book offers an overall analysis of inclusive growth policies for development—including gender issues and the informal sector—and the challenges that lie ahead for the region, with special attention to pressing demands by the vibrant and vocal middle class, youth unemployment, and indigenous populations.

An Introduction to Latin American Economics

An Introduction to Latin American Economics PDF Author: Scott McKinney
Publisher: Springer Nature
ISBN: 3030766179
Category : Business & Economics
Languages : en
Pages : 219

Get Book

Book Description
This textbook serves as an introduction to the major economic topics and events in Latin America’s history, from the settling of the region by indigenous Americans and then Europeans, Africans and Asians, to the economic consequences of COVID-19. Each chapter concentrates on a particular period—for example, pre-Columbian America, the 1980s debt crisis, the 21st Century decline in income inequality—and introduces the concepts needed to understand the events of that period. These concepts include theories such as Dutch Disease and Dependency Theory, policies such as import-substituting industrialization and neoliberalism, and analytical tools such as the circular flow of income and the foreign exchange market. Descriptive data are used to illustrate these concepts: for example, Latin America’s current account balance during the 1970s and 1980s shows the impact of the debt crisis, while the relationship between money supply growth and inflation in Argentina during the 1980s and 1990s shows the impact of expansionary monetary policy and convertibility. With its focus on Latin American economic history and on the key concepts for understanding that history, this book can serve as the core textbook for an introductory course on Latin American Economics, or as a complementary text for an introductory course in Latin American Studies or a social science course on Latin America.

The Economies of Latin America

The Economies of Latin America PDF Author: Cesar Rodriguez
Publisher: Walter de Gruyter GmbH & Co KG
ISBN: 3110674998
Category : Business & Economics
Languages : en
Pages : 221

Get Book

Book Description
While Latin America accounts for approximately 7 percent of the world economy, easily accessible information on the economies of the region is not always easy to find. The existing literature on Latin American economics usually assumes some previous familiarity with the region and is focused on government policy choices. The Economies of Latin America is a book for the general reader needing a quick introduction to the economics of the region. The book is composed of three parts: the first explains Latin America’s economic history and a description of the central economic challenges of the region. The second offers country-specific details. The final part deals with the economic future of the region where the authors put forth a Latin American version of success. This book is a useful, in-depth introduction for students of Latin American economics as well as the general reader.

The Decline of Latin American Economies

The Decline of Latin American Economies PDF Author: Sebastian Edwards
Publisher: University of Chicago Press
ISBN: 0226185036
Category : Business & Economics
Languages : en
Pages : 427

Get Book

Book Description
Latin America’s economic performance is mediocre at best, despite abundant natural resources and flourishing neighbors to the north. The perplexing question of how some of the wealthiest nations in the world in the nineteenth century are now the most crisis-prone has long puzzled economists and historians. The Decline of Latin American Economies examines the reality behind the struggling economies of Argentina, Chile, and Mexico. A distinguished panel of experts argues here that slow growth, rampant protectionism, and rising inflation plagued Latin America for years, where corrupt institutions and political unrest undermined the financial outlook of already besieged economies. Tracing Latin America’s growth and decline through two centuries, this volume illustrates how a once-prosperous continent now lags behind. Of interest to scholars and policymakers alike, it offers new insight into the relationship between political systems and economic development.

Real World Latin America

Real World Latin America PDF Author: Daniel Fireside
Publisher:
ISBN: 9781878585738
Category : Latin America
Languages : en
Pages : 285

Get Book

Book Description


Latin America's Economy

Latin America's Economy PDF Author: Eliana A. Cardoso
Publisher: MIT Press
ISBN: 9780262531252
Category : Business & Economics
Languages : en
Pages : 362

Get Book

Book Description
Examines broad patterns of development and some economic issues facing Latin American countries. Includes a chapter outlining recurrent patterns of economic development and economic crises throughout the past 500 years.

The Economic Development of Latin America in the Twentieth Century

The Economic Development of Latin America in the Twentieth Century PDF Author: André A. Hofman
Publisher: Edward Elgar Publishing
ISBN:
Category : Business & Economics
Languages : en
Pages : 344

Get Book

Book Description
Hofman, a researcher with the Chile-based Economic Commission for Latin America and the Caribbean, uses growth accounting methods and previously unavailable long-term series data to assess the economic performance of the region during the century from a comparative and historical perspective. In particular he compares Latin American economies to those of advanced capitalist economies, to newly industrialized economies, and to Spain and Portugal because of the historical ties. He looks at the reasons for the poor or negative growth during the 1980s and the apparent recovery in the 1990s and at such problems as debt, income inequality, high inflation, cyclical instability, and political and policy instability. Annotation copyrighted by Book News, Inc., Portland, OR

The Macroeconomics of Populism in Latin America

The Macroeconomics of Populism in Latin America PDF Author: Rudiger Dornbusch
Publisher: University of Chicago Press
ISBN: 0226158489
Category : Business & Economics
Languages : en
Pages : 416

Get Book

Book Description
Again and again, Latin America has seen the populist scenario played to an unfortunate end. Upon gaining power, populist governments attempt to revive the economy through massive spending. After an initial recovery, inflation reemerges and the government responds with wage an price controls. Shortages, overvaluation, burgeoning deficits, and capital flight soon precipitate economic crisis, with a subsequent collapse of the populist regime. The lessons of this experience are especially valuable for countries in Eastern Europe, as they face major political and economic decisions. Economists and political scientists from the United States and Latin America detail in this volume how and why such programs go wrong and what leads policymakers to repeatedly adopt these policies despite a history of failure. Authors examine this pattern in Argentina, Brazil, Chile, Mexico, Nicaragua, and Peru—and show how Colombia managed to avoid it. Despite differences in how each country implemented its policies, the macroeconomic consequences were remarkably similar. Scholars of Latin America will find this work a valuable resource, offering a distinctive macroeconomic perspective on the continuing controversy over the dynamics of populism.

Introduction to Latin America

Introduction to Latin America PDF Author: Peadar Kirby
Publisher: SAGE
ISBN: 9780761973737
Category : Social Science
Languages : en
Pages : 262

Get Book

Book Description
Introduction to Latin America provides a completely new introduction to the political, social and economic forces shaping this essential region of undergraduate study today. It is the first textbook to place Latin America within a genuinely global context and introduce the debates and impact of globalization, neoliberalism, democratization, and the environment.

The Economic Development of Latin America Since Independence

The Economic Development of Latin America Since Independence PDF Author: Luis Bértola
Publisher: Oxford University Press (UK)
ISBN: 0199662142
Category : Business & Economics
Languages : en
Pages : 330

Get Book

Book Description
A comprehensive and accessible overview of the economic history of Latin America over the two centuries since Independence. It considers its principal problems and the main policy trends and covers external trade, economic growth, and inequality.