Bibliographic Details

Main Author:	Reyes, Javier A. (Author)
Format:	Electronic eBook
Language:	English
Published:	Hoboken Taylor and Francis 2014
Series:	Routledge Textbooks in Development Economics
Subjects:	Since 1982 Latin America / Economic conditions / 1982- Latin America / Economic policy BUSINESS & ECONOMICS / Industries / General Economic history Industrie Wirtschaft Wirtschaft. Geschichte Wirtschaftspolitik Wirtschaftsentwicklung Lateinamerika
Item Description:	Cover; Latin American Economic Development; Copyright; Contents; List of figures; List of tables; List of boxes; Preface; Acknowledgements; 1. Latin America and the world economy; Introduction; Latin America and the world; The economic output of Latin America; GDP per capita in Latin America; Latin America and international trade; Capital flows and Latin America; Latin America and world resources; Latin America and the world: a summary; Recurring themes in Latin American economic development; Major economic policy debates in Latin America; Key terms and concepts Questions for review and discussionReferences and recommended readings; 2. Economic growth and Latin America; Introduction; Institutional basics; A basic model of economic growth; The Latin American labor market; Capital and Latin America; New growth theory; Growth accounting in Latin America; Institutions and growth in Latin America; Key concepts and terms; Questions for review and discussion; References and recommended readings; 3. Growth and the environment in Latin America; Introduction; Pollution as a negative externality; Pollution and environmental policy Environmental issues in Latin AmericaThe environment and growth; Key concepts and terms; Questions for review and discussion; References and recommended readings; 4. Latin American economic history; Introduction; The colonial period; Independence and post-colonial turmoil; The Golden Age: 1870-1914; Wars and depression; Import substitution; The Lost Decade of the 1980s; Key concepts and terms; Questions for review and discussion; References and recommended readings; 5. Latin America and primary commodities; Introduction; Commodities in Latin America: a brief history The microeconomics of commoditiesThe macroeconomics of commodities; Commodities and economic development; Commodities and Dutch disease; Key concepts and terms; Questions for review and discussion; References and recommended readings; 6. Import substitution in Latin America; Introduction; Structuralism, dependency theory, and ISI; How ISI worked; The results of ISI; Key concepts and terms; Questions for review and discussion; References and recommended readings; 7. Latin American trade policy; Introduction; Comparative advantage; Comparative advantage and ISI. Comparative advantage, factor prices, and the distribution of incomeThe economic effects of tariffs and quotas; Latin American trade policy; Latin America and GATT/WTO; RTAs in Latin America; Key concepts and terms; Questions for review and discussion; References and recommended readings; 8. Exchange rate policy; Introduction; The balance of payments; Flexible exchange rates; Fixed exchange rates; The real exchange rate; Managed exchange rates; Key concepts and terms; Questions for review and discussion; References and recommended readings; 9. Financing current account deficits; Introduction Debt vs. equity Latin America is one of the most interesting parts of the world. The region's illustrious history, culture, and geography are famous internationally, but in terms of economics, Latin America has been generally associated with problems. For many, the combination of a resource rich region and poor economic conditions has been a puzzle. Latin American Economic Development provides the most up to date exploration of how this happened with a focus on why the continent can be considered to have underperformed, how the various Latin American economies function and the future prospects for the region
Physical Description:	361 pages
ISBN:	9781317535706 1317535707