ENGLISH

The Decline of Latin American Economies: Growth, Institutions, and Crises

By Sebastian Edwards , Gerardo Esquivel , Graciela Marquez

Book information

Publisher
University of Chicago Press
Year
2007
ISBN
9780226185002, 0226185001
Open Library ID
OL10191781M
Language
english
Format
PDF
Filesize
3 MB (3347590 bytes)
Series
National Bureau of Economic Research Conference Report
Pages
427\427
Topic
Economy
Library
avaxhome.ws
Time added
2010-05-31 13:12:10

Description

Latin America’s economic performanceВ is mediocre at best, despite abundant natural resources and flourishing neighbors to the north. The perplexing question of how some of the wealthiest nations in the world in the nineteenth century are now the most crisis-prone has long puzzled economists and historians. The Decline of Latin American Economies examines the reality behind the struggling economies of Argentina, Chile, and Mexico. A distinguished panel of experts argues here that slow growth, rampant protectionism, and rising inflation plagued Latin America for years, where corrupt institutions and political unrest undermined the financial outlook of already besieged economies. Tracing Latin America’s growth and decline through two centuries, this volume illustrates how a once-prosperous continent now lags behind. Of interest to scholars and policymakers alike, it offers new insight into the relationship between political systems and economic development. В В В

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