Synopses & Reviews
Development has been elusive for Latin America in the 1990s. Notwithstanding tough neoliberal reforms, defeated hyperinflation, and large capital inflows, development of productive capacity and social equity shows a poor performance. These selected essays discuss the analytical bases of a pragmatic policy-oriented approach alternative to neoliberalism. They also analyze macroeconomic management, trade and financial liberalization in recent years.
Description
Includes bibliographical references (p. 217-226) and index.
About the Author
Ricardo French-Davis is Professor of Economics at the University of Chile in Santiago.
Table of Contents
Capital Formation and the Macroeconomic Framework: A Neostructuralist Approach * Trade Liberalization and Growth: Recent Experiences in Latin America * The Great Latin American Debt Crisis: A Decade of Asymmetric Adjustment * Surges in Capital Flows and Development: An Overview of Policy Issues in the 1990s * Macroeconomic Policies for Growth * Macroeconomic Achievements in the Democratic Transition in Chile * Intra-Latin American Trade * The Return of Private Capital to Latin America: A Word of Caution in 1992 for "Successful" Countries