Author Edwards, Sebastian
Title The Decline of Latin American Economies : Growth, Institutions, and Crises
Imprint Chicago : University of Chicago Press, 2007
book jacket
Descript 1 online resource (427 pages)
text txt rdacontent
computer c rdamedia
online resource cr rdacarrier
Series National Bureau of Economic Research Conference Report
National Bureau of Economic Research Conference Report
Note Intro -- Contents -- Introduction -- I. Economic Growth, Taxation, and Institutions -- 1. When Did Latin America Fall Behind? -- 2. Before the Golden Age: Economic Growth in Mexico and Portugal, 1910-1950 -- 3. Inequality and the Evolution of Institutions of Taxation: Evidence from the Economic History of the Americas -- II. Financial Crises, Lending, and Inflation -- 4. Financial Crises, 1880-1913: The Role of Foreign Currency Debt -- 5. The True Measure of Country Risk: A Primer on the Interrelations between Solvency and the Polity Structure of Emerging Markets, Argentina1886-1892 -- 6. Related Lending: Manifest Looting or Good Governance? Lessons from the Economic History of Mexico -- 7. Sudden Stops and Currency Drops: A Historical Look -- 8. Establishing Credibility: The Role of Foreign Advisors in Chile's 1955-1958 Stabilization Program -- III. Protectionism and Economic Performance -- 9. Some Economic Effects of Closing the Economy: The Mexican Experience in the Mid-Twentieth Century -- 10. The Political Economy of Protectionism: The Mexican Textile Industry, 1900-1950 -- Contributors -- Author Index -- Subject Index
Latin America's economic performance 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
Description based on publisher supplied metadata and other sources
Electronic reproduction. Ann Arbor, Michigan : ProQuest Ebook Central, 2020. Available via World Wide Web. Access may be limited to ProQuest Ebook Central affiliated libraries
Link Print version: Edwards, Sebastian The Decline of Latin American Economies : Growth, Institutions, and Crises Chicago : University of Chicago Press,c2007 9780226185002
Subject Latin America -- Economic conditions.;Latin America -- Economic policy.;Latin America -- Politics and government.;Latin America -- History
Electronic books
Alt Author Esquivel, Gerardo
Márquez, Graciela