Market Liberalism, Growth, and Economic Development in Latin America (inbunden)
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Format
Inbunden (Hardback)
Språk
Engelska
Antal sidor
292
Utgivningsdatum
2011-05-13
Förlag
Routledge
Illustratör/Fotograf
black and white 89 Illustrations 89 Line drawings, black and white 64 Tables black and white
Illustrationer
64 Tables, black and white; 89 Line drawings, black and white; 89 Illustrations, black and white
Dimensioner
234 x 158 x 25 mm
Vikt
635 g
Antal komponenter
1
ISSN
1359-7884
ISBN
9780415573740

Market Liberalism, Growth, and Economic Development in Latin America

av Gerardo Angeles Castro, Ignacio Perrotini-Hernndez, Humberto Ros-Bolivar
Inbunden,  Engelska, 2011-05-13
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The principal themes pursued in this book emerge from the great transformation that the Latin American and the Caribbean economies experienced in the aftermath of both the foreign debt crisis of 1982 and the macroeconomic stabilisation policies that vividly and painfully produced the so-called "lost decade" of the 1980s. Latin America implemented an economic liberalisation process during the late 1980s and the 1990s. The main policy reforms involved in that course can be summarized as privatization of state owned firms, trade openness, deregulation of the foreign direct investment (FDI) regime and fiscal discipline. Latin American countries have also embarked in regional trade agreements, the most important ones being Mercosur and the North American Free trade Agreement (NAFTA). This book compares results from the experience of North-South and South-South moulds of integration. Thus, the impacts of these policies on growth, development, technological progress, poverty and inequality are analysed. Orthodox and heterodox economic policies and theories are discussed along with relevant empirical evidence with a view to assess, on the one hand, the relative merits of the various policy reforms applied by different countries in the region, and on the other, the experience of integration into the global economy. There are thirteen chapters in this collection linked in varying ways to the series of economic reforms introduced in the region in the last decades. The book will be of interest to academics, researchers, students and policymakers interested in the study of economic development in emerging economies and in particular in Latin America.
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Övrig information

Gerardo Angeles-Castro is Head of Research and Postgraduate Studies at the School of Economics at Instituto Politcnico Nacional, Mxico. Ignacio Perrotini-Hernndez is Professor and Chair of the Graduate Faculty of Economics at Universidad Nacional Autnoma de Mxico. Humberto Ros-Bolivar is Research Economist at the School of Economics at Instituto Politcnico Nacional, Mxico.

Innehållsförteckning

Part 1: Trade Liberalization, Development and Regional Integration 1. Has Trade Liberalisation in Poor Countries Delivered the Promises Expected? Penlope Pacheco-Lpez and A.P. Thirlwall 2. Beyond the Washington Consensus: The Quest for an Alternative Development Paradigm for Latin America Ignacio Perrotini-Hernndez, Juan Alberto Vzquez-Muoz and Blanca L. Avendao-Vargas 3. Foreign Trade and Per Capita Income: New Evidence for Latin America and the Caribbean Humberto Ros-Bolvar and Omar Neme-Castillo 4. Regional Integration and its Effects on Inward FDI in Developing Countries: A Comparison Between North-South (Mexico) and South-South (Brazil) Integration Thomas Goda 5. Trade Blocs as Determinants of Trade Flows in South American Countries: An Augmented Gravity Approach Clemente Hernandez-Rodriguez Part 2: Trade Reforms and Development Experience: Case Studies in Latin America 6. Downhill or the Long Agony of Argentinean Development Alcino Ferreira Cmara-Neto and Matas Vernengo 7. The Determinants of FDI in Chile: A Gravity Model Approach Matteo Grazzi 8. Assessment of the Distributive Impact of Trade Reforms in Uruguay Fernando Borraz, Daniel Ferrs and Mximo Rossi Part 3: Economic liberalization, Development and Growth in Mexico 9. Economic Liberalization and Income Distribution: Theory and Evidence in Mexico Gerardo Angeles-Castro 10. How Risk Factors Affect Growth in Mexico: A Free-Market Liberalism Approach Francisco Venegas-Martnez 11. Anti-Inflationary Policy and Financial Fragility, a Microeconomic Analysis: The Case of Mexico, 1990 2004 Ignacio Perrotini-Hernndez, Blanca Lilia Avendao-Vargas and Juan Alberto Vzquez-Muoz 12. Technological Innovation and Sectoral Productivity in the Mexican Economy: Regional Evidence Jos Carlos Trejo-Garca, Humberto Ros-Bolvar and Ana Lilia Valderrama-Santibez 13. The Robustness of Okuns Law: Evidence from Mexico. A Quarterly Validation, 1985.12006.4 Eduardo Lora and Leobardo de Jess

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