ENGLISH

The Elusive Quest for Growth in Argentina

By Daniel Chudnovsky , Andres Lopez

Book information

Publisher
Palgrave Macmillan
Year
2007
ISBN
1403977895, 9781403977892, 9780230604278
Open Library ID
OL22754986M
Language
english
Format
PDF
Filesize
995 kB (1018684 bytes)
Pages
236\236
Scanned
yes
Time added
2011-06-04 13:46:07

Description

Despite its unusually rich availability of natural resources and ample base of human capital, in the last forty years Argentina suffered a poor growth performance in any cross-country comparison.  Chudnovsky and L??pez's analysis includes two episodes of growth in 1964-74 and in 1991-98 that proved to be finally unsustainable, as well as the 2001 crisis, the most severe in the country's history.  Since both growth episodes took place under quite different development paradigms, the Post-War Development Consensus and Washington Consensus, lessons about what went right and wrong in Argentina contributes to the debate about the virtues and failures of those paradigms. Following mainly an institutional and historical approach, but also employing rigorous economic analysis, this book offers a timely contribution to one of the big puzzles in the field of development economics.

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