Author: José De Gregorio
Publisher: Peterson Institute for International Economics
ISBN: 088132678X
Category : Business & Economics
Languages : en
Pages : 197
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Book Description
The global financial and economic turmoil of 2008–09 plunged Europe and the United States into their worst economic downturns in 75 years. Many experts feared that developing regions like Latin America, which had experienced many of their own crises in recent decades, would be even worse affected. Instead, Latin America suffered only limited damage. Indeed the region’s GDP is 20 percent higher than its pre-crisis level. José De Gregorio, governor of the Central Bank of Chile from 2007 to 2011, explains Latin America’s success with a perspective that only an insider can have. This book focuses mainly on the seven largest economies of Latin America—Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Venezuela—which together account for more than 90 percent of regional output. The author argues that strong performance during the crisis resulted from the sound macroeconomic and financial policies that these countries followed beforehand. Their accomplishments allowed them to undertake significant monetary and fiscal expansion in the context of robust financial systems. De Gregorio acknowledges that there was also an element of luck—in terms of improved terms of trade. This is a candid, searching, and dramatic case study of crisis preparation—and crisis management.
Author: José De Gregorio
Publisher: Columbia University Press
ISBN: 0881326798
Category : Business & Economics
Languages : en
Pages : 205
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Book Description
Why has the economy of Latin America responded more positively than Asia, Europe or the United States after being hit by the recent global financial crisis? Three years after the worst of the crisis, Latin America's GDP is 25 percent higher than its precrisis level. José De Gregorio, Governor of the Central Bank of Chile from 2007 to 2011, tells the story of how Latin America has responded to the crisis with a perspective that only an insider can have. De Gregorio focuses on the seven largest economies of the region, Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Venezuela (90 percent of the region's output). He argues that Latin America was resilient because of good macroeconomic policies, strong financial systems, and "a bit of luck."
Author: Paulo Drinot
Publisher: Duke University Press
ISBN: 0822376245
Category : History
Languages : en
Pages : 373
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Book Description
Although Latin America weathered the Great Depression better than the United States and Europe, the global economic collapse of the 1930s had a deep and lasting impact on the region. The contributors to this book examine the consequences of the Depression in terms of the role of the state, party-political competition, and the formation of working-class and other social and political movements. Going beyond economic history, they chart the repercussions and policy responses in different countries while noting common cross-regional trends--in particular, a mounting critique of economic orthodoxy and greater state intervention in the economic, social, and cultural spheres, both trends crucial to the region's subsequent development. The book also examines how regional transformations interacted with and differed from global processes. Taken together, these essays deepen our understanding of the Great Depression as a formative experience in Latin America and provide a timely comparative perspective on the recent global economic crisis. Contributors. Marcelo Bucheli, Carlos Contreras, Paulo Drinot, Jeffrey L. Gould, Roy Hora, Alan Knight, Gillian McGillivray, Luis Felipe Sáenz, Angela Vergara, Joel Wolfe, Doug Yarrington
Author: Tanya Harmer
Publisher: University Press of Florida
ISBN: 1683402839
Category : History
Languages : en
Pages : 248
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Book Description
This volume showcases new research on the global reach of Latin American revolutionary movements during the height of the Cold War, mapping out the region’s little-known connections with Africa, Asia, and Europe. Toward a Global History of Latin America’s Revolutionary Left offers insights into the effect of international collaboration on the identities, ideologies, strategies, and survival of organizers and groups. Featuring contributions from historians working in six different countries, this collection includes chapters on Cuba’s hosting of the 1966 Tricontinental Conference that brought revolutionary movements together; Czechoslovakian intelligence’s logistical support for revolutionaries; the Brazilian Left’s search for recognition in Cuba and China; the central role played by European publishing houses in disseminating news from Latin America; Italian support for Brazilian guerrilla insurgents; Spanish ties with Nicaragua’s revolution; and the solidarity of European networks with Guatemala’s Guerrilla Army of the Poor. Through its expansive geographical perspectives, this volume positions Latin America as a significant force on the international stage of the 1960s and 1970s. It sets a new research agenda that will guide future study on leftist movements, transnational networks, and Cold War history in the region. Contributor:s José Manuel Ágreda Portero | Van Gosse | James G. Hershberg | Gerardo Leibner | Blanca Mar León | Eduardo Rey Tristán | Arturo Taracena Arriola | Michal Zourek
Author: Margarita Fajardo
Publisher: Harvard University Press
ISBN: 0674270029
Category : History
Languages : en
Pages : 297
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Book Description
How a group of intellectuals and policymakers transformed development economics and gave Latin America a new position in the world. After the Second World War demolished the old order, a group of economists and policymakers from across Latin America imagined a new global economy and launched an intellectual movement that would eventually capture the world. They charged that the systems of trade and finance that bound the world’s nations together were frustrating the economic prospects of Latin America and other regions of the world. Through the UN Economic Commission for Latin America, or CEPAL, the Spanish and Portuguese acronym, cepalinos challenged the orthodoxies of development theory and policy. Simultaneously, they demanded more not less trade, more not less aid, and offered a development agenda to transform both the developed and the developing world. Eventually, cepalinos established their own form of hegemony, outpacing the United States and the International Monetary Fund as the agenda setters for a region traditionally held under the orbit of Washington and its institutions. By doing so, cepalinos reshaped both regional and international governance and set an intellectual agenda that still resonates today. Drawing on unexplored sources from the Americas and Europe, Margarita Fajardo retells the history of dependency theory, revealing the diversity of an often-oversimplified movement and the fraught relationship between cepalinos, their dependentista critics, and the regional and global Left. By examining the political ventures of dependentistas and cepalinos, The World That Latin America Created is a story of ideas that brought about real change.
Author: Matthew C. Gutmann
Publisher: Univ of California Press
ISBN: 0520965949
Category : Social Science
Languages : en
Pages : 375
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Book Description
Latin America is home to emerging global powers such as Brazil and Mexico and has important links to other titans including China, India, and Africa. Global Latin America examines a range of historical events and cultural forms in Latin America that continue to influence peoples’ lives far outside the region. Its innovative essays, interviews, and stories focus on insights from public intellectuals, political leaders, artists, academics, and activists from the region, allowing students to gain an appreciation of the global relevance of Latin America in the twenty-first century.
Author: A. James McAdams
Publisher: University of Notre Dame Pess
ISBN: 0268200556
Category : History
Languages : en
Pages : 642
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Book Description
Global 1968 is a unique study of the similarities and differences in the 1968 cultural revolutions in Europe and Latin America. The late 1960s was a time of revolutionary ferment throughout the world. Yet so much was in flux during these years that it is often difficult to make sense of the period. In this volume, distinguished historians, filmmakers, musicologists, literary scholars, and novelists address this challenge by exploring a specific issue—the extent to which the period that we associate with the year 1968 constituted a cultural revolution. They approach this topic by comparing the different manifestations of this transformational era in Europe and Latin America. The contributors show in vivid detail how new social mores, innovative forms of artistic expression, and cultural, religious, and political resistance were debated and tested on both sides of the Atlantic. In some cases, the desire to confront traditional beliefs and conventions had been percolating under the surface for years. Yet they also find that the impulse to overturn the status quo was fueled by the interplay of a host of factors that converged at the end of the 1960s and accelerated the transition from one generation to the next. These factors included new thinking about education and work, dramatic changes in the self-presentation of the Roman Catholic Church, government repression in both the Soviet Bloc and Latin America, and universal disillusionment with the United States. The contributors demonstrate that the short- and long-term effects of the cultural revolution of 1968 varied from country to country, but the period’s defining legacy was a lasting shift in values, beliefs, lifestyles, and artistic sensibilities. Contributors: A. James McAdams, Volker Schlöndorff, Massimo De Giuseppe, Eric Drott, Eric Zolov, William Collins Donahue, Valeria Manzano, Timothy W. Ryback, Vania Markarian, Belinda Davis, J. Patrice McSherry, Michael Seidman, Willem Melching, Jaime M. Pensado, Patrick Barr-Melej, Carmen-Helena Téllez, Alonso Cueto, and Ignacio Walker.
Author: Beatriz Armendariz
Publisher: MIT Press
ISBN: 0262337878
Category : Political Science
Languages : en
Pages : 461
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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.
Author: Eduardo Galeano
Publisher: NYU Press
ISBN: 0853459908
Category : History
Languages : en
Pages : 335
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Book Description
[In this book, the author's] analysis of the effects and causes of capitalist underdevelopment in Latin America present [an] account of ... Latin American history. [The author] shows how foreign companies reaped huge profits through their operations in Latin America. He explains the politics of the Latin American bourgeoisies and their subservience to foreign powers, and how they interacted to create increasingly unequal capitalist societies in Latin America.-Back cover.
Author: Peter Kingstone
Publisher: Routledge
ISBN: 1135839816
Category : Business & Economics
Languages : en
Pages : 190
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Book Description
This brief text offers an unbiased reflection on the neoliberalism debate in Latin America and the institutional puzzle that underlies the region's difficulties with democratization and development.
