The Economics of Contemporary Latin America (MIT Press)

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Description

Analysis of Latin The usa’s economy specializing in development, covering the colonial roots of inequality, boom and bust cycles, labor markets, and fiscal and monetary policy.

Latin The usa is richly endowed with natural resources, fertile land, and vibrant cultures. Yet the region remains much poorer than its neighbors to the north. Most Latin American countries have not achieved standards of living and stable institutions comparable to these found in developed countries, have experienced repeated boom-bust cycles, and remain heavily reliant on number one commodities.

This book studies the historical roots of Latin The usa’s up to date economic and social development, specializing in poverty and source of revenue inequality dating back to colonial times. It addresses as of late’s legacies of the market-friendly reforms that took hold within the 1980s and 1990s by examining successful stabilizations and homemade monetary and fiscal institutional reforms. It offers a detailed analysis of trade and financial liberalization, twenty–first century-growth, and the decline in poverty and source of revenue inequality. After all, the book offers an overall analysis of inclusive growth policies for development — including gender issues and the informal sector — and the challenges that lie ahead for the region, with special attention to pressing demands by the colourful and vocal middle class, youth unemployment, and indigenous populations.

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