Capital Markets, Growth, and Economic Policy in Latin America

Capital Markets, Growth, and Economic Policy in Latin America

by Jorge Salazar-Carrillo, Antonio Jorge, Bernadette West
     
 

Looking at how Latin American countries have coped with the 1994 Mexican crisis and the earlier debt crisis of the 1980s, this book reveals the full extent of what has come to be known as the tequila effect. Written by distinguished economists and financiers from Latin America, the Caribbean, and the United States, the volume also examines the social, political,

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Overview

Looking at how Latin American countries have coped with the 1994 Mexican crisis and the earlier debt crisis of the 1980s, this book reveals the full extent of what has come to be known as the tequila effect. Written by distinguished economists and financiers from Latin America, the Caribbean, and the United States, the volume also examines the social, political, and economic issues associated with ever-expanding trade and globalization.

The book opens with chapters considering the impact of the Mexican crisis on Argentina, Colombia, and Venezuela, and it provides an interesting account of the events leading up to the crisis itself. In the following section, the contributors examine issues of economic growth by considering such topics as the need for a new growth strategy, by comparing the Latin American and Asian economies, and by looking at the Cuban economy from a trading partner's perspective. The final section takes an indepth look at the complex issues of neoliberalist versus neopopulist thinking in shaping Latin America's economic policies for the 21st century.

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Editorial Reviews

Booknews
Contains 16 chapters, a number of which were first presented as papers at the Conference on International Economic and Financial Systems: The Mexican Crisis and the Latin-American Debt Redux held in January 1996 in Coral Gables, Florida. Presents statistics and firsthand accounts of the impact of the 1994 Mexican crisis on Mexico and its neighbors; analysis, comparisons, and evaluation of different growth and development strategies in Latin America, East Asia, and the Caribbean; and discussion of the political and social implications of traditional macroeconomic adjustment and reforms currently endorsed by the IMF and World Bank. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Product Details

ISBN-13:
9780275959753
Publisher:
ABC-CLIO, Incorporated
Publication date:
01/30/2000
Pages:
242
Product dimensions:
6.14(w) x 9.21(h) x 0.56(d)
Lexile:
1490L (what's this?)

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