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While Latin America accounts for approximately 7 percent of the world economy, easily accessible information on the economies of the region is not always easy to find. The existing literature on Latin American economics usually assumes some previous familiarity with the region and is focused on government policy choices. The Economies of Latin America is a book for the general reader needing a quick introduction to the economics of the region.
The book is composed of three parts: the first explains Latin America's economic history and a description of the central economic challenges of the region. The second offers country-specific details. The final part deals with the economic future of the region where the authors put forth a Latin American version of success.
This book is a useful, in-depth introduction for students of Latin American economics as well as the general reader.
Auteur
Cesar M. Rodriguez , Department of Economics, Portland State University, USA; W. Charles Sawyer , Texas Christian University, USA
Contenu
Chapter 1. Introduction
The Promise of Latin America
Land
People
Resources
Latin America as a Relative Failure: You Aren't in East Asia
History Matters
History
The Post WW II mistake
Recovery
The Continuation of Economic Failure
Education
Infrastructure
Social Issues
Structural Change
The Details
ABM
The rest of South America
Central America
Chapter 2. A Brief Economic History
The Dismal History
The Colonial Legacy
Post-Independence Losses
What could have happened: The Golden Age
Wars and Depression
Debt as a regional habit
The Wrong Turn
Import Substitution Industrialization
Economic Isolation as a choice
Subsidies to Industry
Economic Rents and Inequality
The Predictable Collapse
The 1970s
Debt Shocks
Exchange Rate Shocks
Macroeconomic Instability
The way out: The Brady Plan
The New Normal
Macroeconomic Stability
Commodity based growth (or not)
Chapter 3. What's Wrong: The Usual List of Suspects
Growth Accounting
Limits to Growth
Education and Infrastructure
Structural Change
Social Issues
The Curse of Informality
Chapter 4 Argentina and Brazil
The Basics: Population, GDP, GDP per capita
The Macroeconomic Record
Economic Structure: Ag, Industry, and Services
Foreign Trade
Country Specific Details
Chapter 5 Chile, Colombia, Peru, and Uruguay
The Basics: Population, GDP, GDP per capita
The Macroeconomic Record
Economic Structure: Ag, Industry, and Services
Foreign Trade
Country Specific Details
Chapter 6 The Laggards: Bolivia, Ecuador, Paraguay, Venezuela
The Basics: Population, GDP, GDP per capita
The Macroeconomic Record
Economic Structure: Ag, Industry, and Services
Foreign Trade
Country Specific Details
Chapter 7 Mexico and Central America
The Basics: Population, GDP, GDP per capita
The Macroeconomic Record
Economic Structure: Ag, Industry, and Services
Foreign Trade
Country Specific Details
Chapter 8 Looking Toward the Future
A 2 or 3 track region
Turning around limits to growth
The usual drill does not apply
A Latin American version of success