Synopses & Reviews
Volume Two treats the "long twentieth century" from the onset of modern economic growth to the present. After analyzing the principal dimensions of Latin America's first era of sustained economic growth up to 1930, it explores the era of inward-looking development from the 1930s to the collapse of import-substituting industrialization and the return to strategies of globalization in the 1980s. Finally, it looks at the long term trends in capital flows, agriculture and the environment.
Synopsis
An indispensable reference work for anyone interested in Latin America's economic development.
Table of Contents
Part I. Cycles of Globalization: 1. Globalization and inequality Lius Bertola and Jeffrey Williamson; 2. Foreign capital flows Alan M. Taylor; 3. The external context Marcelo de Paiva Abreu; 4. Globalization and the new economic model Victor Bulmer-Thomas; Part II. Onset of Modernization: 5. The institutional framework Alan Dye; 6. Fiscal and monetary regimes Roberto Cortés Conde; 7. Export-led industrialization Richard Salvucci; 8. The development of infrastructure William Summerhill; Part III. Factor Endowments: 9. Economic growth and environmental change Otta Solbrig; 10. Labor and immigration Blanca Sanchez; 11. Education and social progress Fernando Reimers; Part IV. Sectoral Development and Equity: 12. Structure, performance, and policy in agriculture Otto Solbrig; 13. The political economy of industrialization Stephen Haber; 14. Poverty and inequality Miguel Szekely and Andres Montes.