Vanishing Growth in Latin America: The Late Twentieth Century Experience

Overview

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 a set of contributors analyze the last 40 year in order to determine the role of economic reforms, external conditions, factor accumulation, income inequality, political instability and productivity ...
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Overview

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 a set of contributors analyze the last 40 year 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.
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Product Details

  • ISBN-13: 9781845424312
  • Publisher: Elgar, Edward Publishing, Inc.
  • Publication date: 1/1/2006
  • Pages: 264
  • Product dimensions: 6.40 (w) x 9.30 (h) x 1.10 (d)

Table of Contents

1 Introduction and synthesis 1
2 Economic growth in Latin America in the late twentieth century : evidence and interpretation 11
3 Economic growth in the southern countries 46
4 Economic growth in the Andean region : the role of economic and governance factors 74
5 Economic growth in Central America 101
6 Changing growth constraints in northern Latin America 133
7 Economic growth in Latin America : the role of investment and other growth sources 161
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