Los caminos recorridos por los países de América Latina para diseñar sus reformas estructurales y políticas económicas son variados, pero, según este estudio, se han repetido costosos errores, especialmente en el manejo macroeconómico; en el diseño de las reformas financieras y comerciales, y en la insuficiencia de los esfuerzos para completar mercados. El autor afirma que es posible construir una economía de mercado mejor que la que resulta del estilo predominante de reformas aplicadas en los años recientes.
El destacado economista chileno demuestra con contundencia y claridad las principales falencias del enfoque fundamentalista neoliberal aplicado en América Latina a partir de 1990 y propone, a su vez, un programa alternativo orientado al diseño de políticas públicas que priorizan el logro de crecimiento con equidad. La aguda inestabilidad de la macroeconomía real y la inequitativa distribución del ingreso han sobrepasado con holgura los escasos resultados de las políticas aplicadas en la región. En esta nueva obra, Ffrench-Davis ofrece alternativas para abordar los desafíos macroeconómicos, comerciales y financieros que enfrenta América Latina luego de las desvastadoras reformas económicas aplicadas a través de una única fórmula conocida como “Consenso de Washington”. A propósito de este libro, el destacado profesor de la Universidad de Harvard, Dani Rodrik, ha escrito: “Desde hace mucho tiempo, Ricardo Ffrench-Davis ha estado al frente de los críticos de las reformas aplicadas en virtud del llamado Consenso de Washington. Este libro es lectura esencial para economistas y diseñadores de políticas públicas, interesados en construir un entorno económico que entregue crecimiento con equidad a América Latina”.
This study examines external and domestic influences on Latin America’s economic performance over the past decade and a half. It notes that over the past few years, macroeconomic policies have strengthened and structural reforms have been implemented. Together with a favorable external environment, these policies have contributed to Latin America’s relatively sharp economic recovery from its last recession. The study discusses the priorities for the region’s reform agenda that could help to ensure that this growing prosperity becomes entrenched. It also makes observations on the future roles of the major policymakers involved--the governments in the region; the international financial institutions, and especially the IMF; and industrial country governments.
Recuento del proceso de choque que sufrieron las economas de Argentina, Brasil, Chile y Uruguay en los aos setenta, as como de las polticas de saneamiento econmico que desembocaron en una prometedora recuperacin y fortalecimiento de la vida no slo econmica, sino poltica y social de estos pases en los primeros aos de la dcada de los noventa.
This book deals with the key aspects of developments in monetary economics and macroeconomics, such as the New Consensus Macroeconomics, and further ones such as money, credit and the business cycle. Adding to the analysis are developments that focus on issues for open and spatial macroeconomics.
Understanding development in Latin America today requires both an awareness of the major political and economic changes that have produced a new agenda for social policy in the region and an appreciation of the need to devise better conceptual and methodological tools for analyzing the social impact of these changes. Using as a reference point the issues and theories that dominated social science research on Latin America in the period 1960&–80, this volume contributes to &“rethinking development&” by examining the historical events that accounted for the erosion or demise of once-dominant paradigms and by assessing the new directions of research that have emerged in their place. Following the editors&’ overview of the new conceptual and social agendas in their Introduction, the book proceeds with a review of previous broad conceptual approaches by Alejandro Portes, who emphasizes by contrast the advantages of newer &“middle-range&” theories. Subsequent chapters focus on changes in different arenas and the concepts and methods used to interpret them: &“Globalization, Neoliberalism, and Social Policy&”; &“Citizenship, Politics, and the State&”; &“Work, Families, and Reproduction&”; and &“Urban Settlements, Marginality, and Social Exclusion.&” Contributors, besides the editors, are Marina Ariza and Orlandina de Oliveira, Diane Davis, Vilmar Faria, Joe Foweraker, Elizabeth Jelin, Alejandro Portes, Joe Potter and Rudolfo Tuir&án, Juan Pablo P&érez S&áinz, Osvaldo Sunkel, and Peter Ward.
Investments by Spanish firms in Latin America have grown since the early 1990s by taking over many of the state-owned firms put out to tender. Second only to the United States, these investments make Spain one of the largest markets of foreign direct investment for Latin America. This multidisciplinary volume focuses on the emergence of Spanish multinational enterprises in this region. Furthermore, it analyzes the sociological and political consequences of these investments and exhibits several theoretical and methodological approaches that make the book a useful aid for teaching. It is essential reading for those who want to understand structural reforms, their consequences and the international impact of economic reform.
