Latin American Development Debate

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A01=Patricio Meller
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Author_Patricio Meller
Brazilian Government
Capita GOP Growth
Category=JP
Chilean Industrialization
Comparative Economic History
economic crisis recovery
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External Disequilibrium
Financial Asset Holding
Foreign Debt Service
Fundamental Macroeconomic Variables
heterodox economic theories
heterodox paradigm
IMF Program
IMF's Conditionality
Individual National Responses
Industrial Debate
Industrial Evolution
industrial restructuring Latin America
Industrial Sector Policies
international financial institutions
International Interest Rates
Latin American adjustment process
Latin American Economic History
Latin American economic policy reform
Latin American Industrialization
macroeconomic policy analysis
neomonetarism
neostructuralism
Nominal Devaluations
Open Economy Policy
Real Exchange Rate
Real Exchange Rate Overvaluation
Southern Cone
Southern Cone Countries
structural adjustment policies
structuralism
Structuralist Authors

Product details

  • ISBN 9780367308919
  • Weight: 326g
  • Dimensions: 152 x 229mm
  • Publication Date: 31 May 2021
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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In the 1980s Latin America experienced its second worst economic crisis of the century; today the average per capita income is about 10 percent less than a decade ago. Because the crisis affected all Latin American countries regardless of their economic policies, the period has become known as "the lost decade in Latin America." In this book, eminent economists from the region reexamine strategies of development—structuralism versus monetarism, liberalism versus statism, growth versus equity—in light of new theoretical knowledge and recent economic events. The essays offer a complex interpretation of development problems and seek to explain how different schools of thought could be compatible and how old debates must be recast in the light of structural changes in Latin American economies. In addition, contributors critically review the adjustment processes applied in various countries. Together the chapters offer a penetrating analysis of what went wrong in Latin America in the 1980s and a careful assessment of economic measures and policies that might prove viable in promoting stable and growing economies, democratic regimes, and social justice.
Patricio Meller

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