The first edition of this book, published in 2007, took the readers up to the period shortly after the debt default. After 2002, This new, updated, version describes, in simple terms, the main economic developments that took place in Argentina from 2002 until the end of 2017.
The author of "The Chastening" returns with this definitive account of the most spectacular economic meltdown of modern times as he exposes dangerous flaws of the global financial system.
This book examines the causes of the economic and political crisis in Argentina in 2001 and the process of strong economic recovery. It poses the question of how a country which defaulted on its external loans and was widely criticized by international observers could have succeeded in its growth and development despite this decision in 2002. It examines this process in terms of the impact of neo-liberal policies on the economy and the role of development strategy and the state in recovering from the crisis
The author reminds us all of the huge part that British capital, British people and British technology played in transforming Argentina into a modern 20th century economy. He also analyses the reasons for Argentina's loss of momentum in the post-war world.Much of the history has been forgotten and/or misjudged. That does not make it any less important. In fact, it deserves to be recognised as there are lessons that could be learned from the “golden decade” of development. Those who have an interest in history and development, especially in Argentina, including academics, journalists, historians, and economists will all find this economic and social history of interest.
The political and economic history of Latin America has been marked by great hopes and even greater disappointments. Despite abundant resources—and a history of productivity and wealth—in recent decades the region has fallen further and further behind developed nations, surpassed even by other developing economies in Southeast Asia and elsewhere. In Left Behind, Sebastian Edwards explains why the nations of Latin America have failed to share in the fruits of globalization and forcefully highlights the dangers of the recent turn to economic populism in the region. He begins by detailing the many ways Latin American governments have stifled economic development over the years through excessive regulation, currency manipulation, and thoroughgoing corruption. He then turns to the neoliberal reforms of the early 1990s, which called for the elimination of deficits, lowering of trade barriers, and privatization of inefficient public enterprises—and which, Edwards argues, held the promise of freeing Latin America from the burdens of the past. Flawed implementation, however, meant the promised gains of globalization were never felt by the mass of citizens, and growing frustration with stalled progress has led to a resurgence of populism throughout the region, exemplified by the economic policies of Venezuela’sHugo Chávez. But such measures, Edwards warns, are a recipe for disaster; instead, he argues, the way forward for Latin America lies in further market reforms, more honestly pursued and fairly implemented. As an example of the promise of that approach, Edwards points to Latin America's giant, Brazil, which under the successful administration of President Luis Inácio da Silva (Lula) has finally begun to show signs of reaching its true economic potential. As the global financial crisis has reminded us, the risks posed by failing economies extend far beyond their national borders. Putting Latin America back on a path toward sustained growth is crucial not just for the region but for the world, and Left Behind offers a clear, concise blueprint for the way forward.
VCU CABELL FIRST NOVELIST AWARD FINALIST CENTER FOR FICTION FIRST NOVEL PRIZE LONGLIST “A debut novel as impressive as they come. Tough, wily, dreamlike.” —Seattle Times A decade after fleeing for his life, a man is pulled back to Argentina by an undying love. In 1976, Tomás Orilla is a medical student in Buenos Aires, where he has moved in hopes of reuniting with Isabel, a childhood crush. But the reckless passion that has long drawn him is leading Isabel ever deeper into the ranks of the insurgency fighting an increasingly oppressive regime. Tomás has always been willing to follow her anywhere, to do anything to prove himself. Yet what exactly is he proving, and at what cost to them both? It will be years before a summons back arrives for Tomás, now living as Thomas Shore in New York. It isn’t a homecoming that awaits him, however, so much as an odyssey into the past, an encounter with the ghosts that lurk there, and a reckoning with the fatal gap between who he has become and who he once aspired to be. Raising profound questions about the sometimes impossible choices we make in the name of love, Hades, Argentina is a gripping, ingeniously narrated literary debut.
Argentina started the 20th century as one of the ten richest countries in the world. It had a per capita income much higher than that of Japan and Italy and comparable to that of France. However, it ended the century on the eve of the largest default in history. This volume examines how this dramatic change came about.
Over the last four decades, Dr. Vito Tanzi traveled frequently to Latin America in his professional capacity as an economist working for the International Monetary Fund and for other international organizations. During many trips, he observed ongoing economic and political developments, but, was also fascinated by the culture, history, and beauty of the region. He believes that books written about Latin America dont often convey the vitality, beauty, and diversity of the region. Therefore, he decided to write a book based upon his own observations and memories from his travels and work in several countries of Latin America. The Charm of Latin America transcends economics and provides a more complete and lively portrait of these countries bursting with humanity. He captures cultural, visual, economic, and some of the historical aspects of Latin America. Entertaining and informative, the book covers five important countries: Brazil, Peru, Chile, Costa Rica, and Guatemala. Whether taken along on a trip to the region, or, simply enjoyed in the comfort of one's own house, The Charm of Latin America will bring the beauty and culture of this beautiful region to life!
This is the first compilation of primary sources that document the history and tradition of liberal thought in Argentina throughout the nineteenth and first half of the twentieth century. With only two exceptions, none of the works have ever been translated into English until now. Liberal ideas were very important in Argentina from the time of independence. The Argentine constitution (1853-60), in force for a long time, was based on liberal principles taken from both the North American and the European tradition. The general structure of the collection is chronological, taking the reader through an analysis of different periods of liberal thought in Argentina: from liberalism as opposed to dictatorial rule, to liberalism as the framework of the National Constitution (1852-60). Importance is given to the development of liberalism in government and opposition (1857-1910) and to the last period (1912-40), the twilight of liberalism. Chapter 1 addresses the dictatorship of Juan Manuel de Rosas (1837-50), during which time a set of liberal ideas was formed that would subsequently have a decisive influence on the second period, the formation of the National Constitution (1852-60). Chapters 3 and 4 consist of writings that chronicle the surge of liberalism in Argentina, first, during the period between 1857 and 1879, and, later, between 1880 and 1910. These chapters reflect the great political, economic, and social debates that exemplify the variety and richness of the body of liberal ideas during this time. The writings in the final chapter review the gradual decline of liberalism. They rescue from obscurity those voices and writings that upheld and defended liberal ideals in several aspects, namely, those ideals concerning electoral and constitutional reforms and the resistance of the advance of different expressions of totalitarian dictatorship during the twentieth century.
This textbook serves as an introduction to the major economic topics and events in Latin America’s history, from the settling of the region by indigenous Americans and then Europeans, Africans and Asians, to the economic consequences of COVID-19. Each chapter concentrates on a particular period—for example, pre-Columbian America, the 1980s debt crisis, the 21st Century decline in income inequality—and introduces the concepts needed to understand the events of that period. These concepts include theories such as Dutch Disease and Dependency Theory, policies such as import-substituting industrialization and neoliberalism, and analytical tools such as the circular flow of income and the foreign exchange market. Descriptive data are used to illustrate these concepts: for example, Latin America’s current account balance during the 1970s and 1980s shows the impact of the debt crisis, while the relationship between money supply growth and inflation in Argentina during the 1980s and 1990s shows the impact of expansionary monetary policy and convertibility. With its focus on Latin American economic history and on the key concepts for understanding that history, this book can serve as the core textbook for an introductory course on Latin American Economics, or as a complementary text for an introductory course in Latin American Studies or a social science course on Latin America.