Latin America is going through an economic revolution. Formerly protectionist economies from Argentina to Mexico are turning to the market in a desperate search for growth and prosperity. Duncan Green traces the roots of this transformation in the debt crisis, subsequent International Monetary Fund austerity policies, and the failure of state-led economies in Latin America and elsewhere. He contrasts the new model's mixed macroeconomic record with its devastating impact on the poor following the search for more effective and just alternatives to what has become an economic model enshrined as the new "common sense" in the region. This work combines first-hand accounts of neoliberalism in action, from fruit pickers in Chile to Mexican stockbrokers, with a clear presentation for the non-specialist reader of the economic issues at stake.
About 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.
What People are Saying About This
Simple, unpretentious narrative makes this volume an accessible and inviting source for nonspecialists. Its many photographs enhance the appeal of the book and provide the faces referred to in the title. Throughout the volume, framed insets open up the text to provide an occasional 'window' for a statistical table, a biographical sketch, or to give voice to a first-person narrative that humanizes the text."-Multicultural Review