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Vanishing Growth in Latin America: The Late Twentieth Century Experience

Edited By: Andres Solimano

Edward Elgar

Hardback | Jan 2006 | #162507 | ISBN: 184542431X
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NHBS Price: £72.00 $88/€81 approx

About this book

Economic growth in Latin America and the rise of material welfare has lagged behind that of more dynamic areas of the world economy. In a region prone to policy experiments, the policies of the Washington Consensus applied since the 1990s failed to bring sustained growth to most of Latin America. Andres Solimano and an impressive set of contributors analyze the last 40 years in order to determine the role of economic reforms, external conditions, factor accumulation, income inequality, political instability and productivity in explaining GDP increases. The book also looks at cycles of growth, identifying periods of rapid growth and contrasting them with periods of stagnation and collapse.

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