Vanishing Growth in Latin America

Vanishing Growth in Latin America
Author: Andrés Solimano
Publisher: Edward Elgar Publishing
Total Pages: 272
Release: 2006-01-01
Genre: Business & Economics
ISBN: 9781845428228

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Economic growth in Latin America and the rise of material welfare has lagged behind that of more dynamic areas of the world economy. In a region prone to policy experiments, the policies of the Washington Consensus applied since the 1990s failed to bring sustained growth to most of Latin America. Andres Solimano and an impressive set of contributors analyze the last 40 years in order to determine the role of economic reforms, external conditions, factor accumulation, income inequality, political instability and productivity in explaining GDP increases. The book also looks at cycles of growth, identifying periods of rapid growth and contrasting them with periods of stagnation and collapse.

Fast Forward

Fast Forward
Author: Scott B. MacDonald
Publisher: Routledge
Total Pages: 294
Release: 2018-01-18
Genre: Business & Economics
ISBN: 1351293346

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Latin America is developing rapidly. As the authors see the region, a small group of countries has found a fast-forward button. In these countries change is exciting, occurring at such a rapid pace that a major breakthrough hi economic growth appears within grasp. After an almost decade-long period of recession and stagnation, many Latin American economies now have elected governments. With a few exceptions, most have also improved their socioeconomic conditions beyond meeting basic human needs. Yet few North Americans or Europeans are aware of these advances. How does Latin America fit into the changing world in the 1990s, and why should someone living in the United States, Europe, or developed parts of the Pacific Basin care? Fast Forward shows that Latin America's economic renaissance clearly has implications for a post-Cold War world order. Latin America is starting to make important contributions, particularly in the areas of international diplomacy, economics, and culture. Collectively, Latin Americans now demonstrate a coherent collective will about where they wish to take themselves. This does not mean that U.S. influence in the Americas will soon disappear, but that new challenges in the international system will force greater equity in Western Hemisphere relationships. While Latin America in the 1990s offers much to be excited about, the authors caution that there are dangers in being too enthusiastic. The always-present potential for top-down authoritarian approaches must temper enthusiasm about a better Latin American future. Despite this, the authors see a well-defined departure from past economic modes occurring and the potential for a higher level of development for some countries. This book is for economists, sociologists, and political scientists interested in economic and political development, and researchers interested in Latin America in particular.

Sources of Growth in Latin America

Sources of Growth in Latin America
Author: Eduardo Fernandez-Arias
Publisher: IDB
Total Pages: 491
Release: 2005
Genre: Economic development
ISBN: 1597820164

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Consequences of an Emerging China

Consequences of an Emerging China
Author: Nicola Phillips
Publisher:
Total Pages: 0
Release: 2007
Genre: China
ISBN:

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Abstract The economic rise of China has caused a redrawing of global production and value chains, a restructuring of the global division of labour, and a restructuring of patterns of global demand and of the terms of trade. [...] Yet at the same time the emergence of China has already had an appreciable impact on the context in which development strategies are formulated and indeed the broader prospects for development across all the regions of the world, inasmuch as it has been pivotal to a redrawing of global production and value chains, a restructuring of the global division of labour and a restructuring of patterns of [...] A range of other tensions in the Chinese economic model are noteworthy when thinking about the consequences of Chinese expansion for the global economy, including the massive problem of debt and non-performing loans in the financial and banking sectors, patterns of massive duplication of production and competitive urbanisation, the consequences for agriculture and rural populations, and so on. [...] Through the 1980s and the 1990s, the Central American and Caribbean textiles and apparel sectors had benefited from the combination of the provisions of the Multi-Fibre Arrangement (MFA) and the strong inclination in the United States towards outsourcing functions at the lower value-added ends of the production chain. [...] The former, paradoxically, related to the manner in which restrictions under the MFA on the more competitive textiles and apparel exporters allowed a number of smaller developing economies a range of 'niche' opportunities and shielded them for this time from competition from the larger producers.11 For this reason, its ending and the gradual lifting of restrictions under the terms of the Agreement.

The Decline of Latin American Economies

The Decline of Latin American Economies
Author: Sebastian Edwards
Publisher: University of Chicago Press
Total Pages: 427
Release: 2009-02-15
Genre: Business & Economics
ISBN: 0226185036

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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.

Why Latin American Nations Fail

Why Latin American Nations Fail
Author: Matías Vernengo
Publisher: Univ of California Press
Total Pages: 237
Release: 2017-10-03
Genre: History
ISBN: 0520964527

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The question of development is a major topic in courses across the social sciences and history, particularly those focused on Latin America. Many scholars and instructors have tried to pinpoint, explain, and define the problem of underdevelopment in the region. With new ideas have come new strategies that by and large have failed to explain or reduce income disparity and relieve poverty in the region. Why Latin American Nations Fail brings together leading Latin Americanists from several disciplines to address the topic of how and why contemporary development strategies have failed to curb rampant poverty and underdevelopment throughout the region. Given the dramatic political turns in contemporary Latin America, this book offers a much-needed explanation and analysis of the factors that are key to making sense of development today.

Latin American Economic Development

Latin American Economic Development
Author: Javier A. Reyes
Publisher: Routledge
Total Pages: 428
Release: 2019-10-24
Genre: Business & Economics
ISBN: 0429758375

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Latin America is one of the most intriguing parts of the world. The region’s illustrious history, culture, and geography are famous internationally, but in terms of economics, Latin America has been generally associated with problems. For many, the combination of a resource-rich region and poor economic conditions has been a puzzle. This extensively revised and updated third edition of Latin American Economic Development continues to provide the most up-to-date exploration of why the continent can be considered to have underperformed, how the various Latin American economies function, and the future prospects for the region. The book addresses the economic problems of Latin America theme by theme. Changes and new features in this new edition include: a new chapter on economic growth that reflects the new understanding of slow growth in the region; two new appendices on basic microeconomics and macroeconomics; expanded coverage on new commodities such as lithium and quinoa; a number of new boxes and updates to existing boxes; for instructors, PowerPoint presentations and an extensive test bank are available. The book provides a comprehensive text for undergraduate economics courses on Latin America and is also suitable for use by students in other disciplines looking for a wide-ranging guide to the region. This book will continue to be an invaluable resource for undergraduates looking at Latin American economics, growth, and development.

Development Macroeconomics in Latin America and Mexico

Development Macroeconomics in Latin America and Mexico
Author: J. Ros
Publisher: Springer
Total Pages: 209
Release: 2015-04-08
Genre: Business & Economics
ISBN: 113746366X

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Development Macroeconomics in Latin America and Mexico brings the attention of academics, practitioners, and policy makers to the neglected macroeconomic factors that can account for both the unsatisfactory average growth performance of Latin American and the diversity around this average.

An East Asian Model for Latin American Success

An East Asian Model for Latin American Success
Author: Anil Hira
Publisher: Routledge
Total Pages: 344
Release: 2016-12-14
Genre: Political Science
ISBN: 1351959026

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Latin America is at a uniquely important juncture in its history and the history of development more generally. Neoliberal market-orientated policies are being called into question, growth has been volatile and equity has stayed the same or worsened. In Latin America there is no clear direction for change. This book presents an alternative development path for Latin America based on an East Asian model. East Asia remains the only developing region so far with high stable and equitable economic development. Based on in depth analysis and the presentation of new and unique material, this study provides a new perspective on the lessons of China's rapid development and examines relations between states and companies that have led to greater success by East Asian companies entering new international markets. More importantly, it highlights how Latin American politics can and must be transformed.

International Handbook of Development Economics

International Handbook of Development Economics
Author: Amitava Krishna Dutt
Publisher: Edward Elgar Publishing
Total Pages: 1179
Release: 2008-01-01
Genre: Business & Economics
ISBN: 1848442815

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The essays are concise, yet comprehensive, and each essay contains a substantial set of references, which an interested researcher or student could follow up. . . In addition to representing multidisciplinary interactions, this collection encompasses several different perspectives within development economics, so the reader can learn, for example, both about neoclassical approaches and dependency theories in the same volume. This makes the collection unique and all the more valuable. . . This is a very good reference collection, as the individual essays are informative and provide a good overall perspective on the topic that they set out to address. The extensive bibliography at the end of each essay adds further value to this collection. Ashwini Deshpande, Economic and Political Weekly These new volumes impress along two dimensions. First, they highlight important connections between economic development and variables such as culture, warfare, and ethnicity, which are sometimes ignored by mainstream economists. Second, they analyze the economic development experience of different regions such as Africa, Latin America, and East Asia. . . a valuable reference for scholars and practitioners in the field. Highly recommended. H.A. Faruq, Choice This two-volume original reference work provides a comprehensive overview of development economics and comprises contributions by some of the leading scholars working in the field. Authors are drawn from around the world and write on a wide range of topics. After providing an introduction to the subject (by examining issues like the meaning and measurement of development, historical and interdisciplinary approaches, empirical regularities and data problems), the contributors provide a wealth of perspectives on, and analyses of, development economics. They discuss alternative approaches to development, the macroeconomics of growth, factors and sources of economic development (such as capital, labor, entrepreneurship, resources and technology), major sectors of concern (such as agriculture, industry, services and the informal sector) and international issues (such as trade, capital and labor flows and technology transfers). Income distribution and poverty, the state and other institutions, and actual development experiences are explored. The contributors provide analytical contributions, as well as the relation between these contributions and real world and policy issues from a variety of alternative perspectives. Scholars, students, policymakers and other development practitioners will all find this comprehensive reference invaluable.