Silent Revolution: The Rise And Crisis Of Market Economics In Latin America- 2nd Edition / Edition 2

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Overview

"Superb. Combining unassailable analysis with a thorough grasp of economic and political trends, Duncan Green convincingly argues that the region is headed for even greater tragedy unless people move toward more equitable and ecologically sustainable models of economic development."
—Walden Bello, founder of Focus on the Global South

The first edition of Green's Silent Revolution, published in 1995, described the imposition of neoliberal economic models in Latin America, the role of the IMF and World Bank in enforcing them, and their consequences. In this second, revised edition, Green extends his analysis into the present, showing how the current economic meltdown in Latin America was prepared by an economic strategy that could never live up to its own claims.

The new edition was completed in a moment when the Argentinean economy is in ruins, Brazil is on the brink of collapse, riots are taking place in Uruguay, Peru, and in Paraguay, and a U.S. supported coup has just been averted in Venezuela. It will be an essential work for understanding ongoing developments in the region.

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Editorial Reviews

From the Publisher

"Superb. Combining unassailable analysis with a thorough grasp of economic and political trends, Duncan Green convincingly argues that the region is headed for even greater tragedy unless people move toward more equitable and ecologically sustainable models of economic development."—, -Walden Bello,founder of Focus on the Global South
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Product Details

  • ISBN-13: 9781583670910
  • Publisher: Monthly Review Press
  • Publication date: 4/1/2003
  • Edition description: Second edition
  • Edition number: 2
  • Pages: 300
  • Product dimensions: 6.00 (w) x 9.00 (h) x 0.67 (d)

Meet the Author


Duncan Green is Head of Research at Oxfam. He has worked as a teacher, journalist, and researcher throughout Latin America. He is the author of many books; his most recent one is From Poverty to Power. Duncan lives in Brixton, South London, with his wife, two children and two cats.
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Table of Contents

Preface 7
Introduction 9
1 State vs. Market: The Rise and Fall of Import Substitution 19
2 Poverty Brokers: The IMF and World Bank 39
3 The Lost Decade: Latin America 1982-1991 72
4 Silent Revolution: Latin America 1991-2003 91
5 Export or Die: Export-Led Growth and Regional Trade 119
6 Silences of the Revolution: The Human and Environmental Costs of Adjustment 151
7 For and Against: The Politics of Neoliberalism 172
8 Other Paths: The Search for Alternatives 193
9 Conclusions 222
App. A Country-by-Country Guide to the Latin American and Caribbean Economies, 1982-2002 229
App. B Comparison of Import Substitution, Neo-Structuralism, and Neoliberalism 262
Glossary 267
Further Reading 272
Notes 276
Index 291
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