Description
Thoroughly revised and updated, this text provides the basic economic tools for students to understand the problems facing the countries of Latin America. In this third edition, Patrice Franko analyzes challenges to the neoliberal model of development and highlights recent macroeconomic changes in the region. Including charts and tables with the most current data available, the book also offers a wealth of new boxed discussions and vignettes.
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This one-semester textbook on economic development in Latin America opens with five chapters that cover what used to be the core issues of development for the region: historical and theoretical foundations, the export of primary products as an engine for development, import substitution industrialization, debt, and macroeconomic stabilization. Author Franko (economics, Colby College) then turns to debates over neoliberalism and other contemporary issues, offering a further ten chapters that examine the role of the state in economic development, public and private capital flows to Latin America, contemporary trade policy, productivity and competitiveness policy, rural development, poverty and inequality, health, education, and the environment. The material has been written to be accessible to students with a range of economic competencies. Annotation ©2007 Book News, Inc., Portland, OR (booknews.com)
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