Market liberalism, growth, and economic development in Latin America [electronic resource] / edited by Gerardo Angeles-Castro, Ignacio Perrotini-Hernández, and Humberto Ríos-Bolívar.
"The principal themes pursued in this book emerge from the great transformation that the Latin American and the Caribbean economies experienced in the aftermath of both the foreign debt crisis of 1982 and the macroeconomic stabilisation policies that vividly and painfully produced the so-called...
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| Online Access: |
Full Text (via Taylor & Francis) |
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| Other Authors: | , , |
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Abingdon, Oxon ; New York :
Routledge,
2011.
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| Series: | Routledge studies in development economics ;
89. |
| Subjects: |
| Summary: | "The principal themes pursued in this book emerge from the great transformation that the Latin American and the Caribbean economies experienced in the aftermath of both the foreign debt crisis of 1982 and the macroeconomic stabilisation policies that vividly and painfully produced the so-called "lost decade" of the 1980s. Latin America implemented an economic liberalisation process during the late 1980s and the 1990s. The main policy reforms involved in that course can be summarized as privatization of state owned firms, trade openness, deregulation of the foreign direct investment (FDI) regime and fiscal discipline. Latin American countries have also embarked in regional trade agreements, the most important ones being Mercosur and the North American Free trade Agreement (NAFTA). This book compares results from the experience of North-South and South-South moulds of integration. Thus, the impacts of these policies on growth, development, technological progress, poverty and inequality are analysed. Orthodox and heterodox economic policies and theories are discussed along with relevant empirical evidence with a view to assess, on the one hand, the relative merits of the various policy reforms applied by different countries in the region, and on the other, the experience of integration into the global economy." Publisher's note. |
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| Physical Description: | 1 online resource (xxviii, 285 pages) : illustrations. |
| Bibliography: | Includes bibliographical references and index. |
| ISBN: | 9780203816127 0203816129 9781136719882 1136719881 9781136719899 113671989X 9781136719844 1136719849 9781138807532 1138807532 |
| Source of Description, Etc. Note: | Print version record. |