BN.com Gift Guide

Latin America after Mexico: Quickening the Pace

Overview

This report introduces a new World Bank publication which will review and analyze on a yearly basis the most important developments in Latin America and the Caribbean (LAC) during the preceding 12 months. This year's report places emphasis on the Mexican peso crisis, its impact and the challenges that lie ahead. It contains a detailed discussion of the causes of the Mexican crisis, of the March 9 adjustment program, and of the likely effects of this episode on some of the largest countries in the region. It ...
See more details below
This Paperback is Not Available through BN.com
Sending request ...

Overview

This report introduces a new World Bank publication which will review and analyze on a yearly basis the most important developments in Latin America and the Caribbean (LAC) during the preceding 12 months. This year's report places emphasis on the Mexican peso crisis, its impact and the challenges that lie ahead. It contains a detailed discussion of the causes of the Mexican crisis, of the March 9 adjustment program, and of the likely effects of this episode on some of the largest countries in the region. It presents an analysis of the main economic and institutional challenges for LAC in the years ahead, as well as medium- and long-term growth prospects. The report states that leaders from a growing number of countries in the region have concluded that deepening reforms--and doing so more rapidly--is the only way to: (i) counter the skepticism that emerged among international financial analysts after the crisis and, more importantly, (ii) to move firmly toward prosperity and social harmony. Rebuilding the state and reducing poverty and inequalities are critical for the consolidation of the reforms that have already been advanced as well as for future growth. Top reform priorities now include raising domestic savings rates, encouraging private investment in infrastructure, reforming the labor codes and education systems, and deregulating and de-bureaucratizing lower levels of government. In addition, new institutions must be created to perform efficiently those tasks that the private sector cannot undertake, such as the maintenance of law and order, the provision of basic social services to the poor, the establishment of modern, independent, professional regulatory bodies, and theprovision of basic infrastructure. The report projects that if a set of plausible conditions for deepening the reform process is met, the region will grow, on average, at rates in excess of 6 percent per annum between 1998 and 2005, possibly leading to medium- and long-term sustained economic growth in LAC.

"Analyzes Mexico's Dec. 1994 currency devaluation and impact of resulting crisis on other countries in the region. Contends that crisis acted as a 'wake-up call,' prompting many countries to implement policy reforms"--Handbook of Latin American Studies, v. 57.

Read More Show Less

Product Details

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)