This important new text provides a clear, comprehensive, and
accessible overview of major economic issues facing Latin America
today, including balance of payments problems, inflation,
stabilization, poverty, inequality, and land reform. It captures
trends and common issues and at the same time illustrates the
diversity of national experiences.Each chapter centers around an
economic problem from such new topics as debt to more enduring
issues like poverty and agrarian reform - and presents major
economic theories on the causes and solutions to the problem.
Complex equations and formulas are omitted; instead, the discussion
focuses on the underlying logic of contending policy prescriptions.
Cardoso and Helwege provide numerous cross-country examples and
tables to demonstrate how individual countries are affected
differently by economic trends or policies, gradually building a
sense of the complexity of the Latin American economy and the
policy implications behind economic solutions. Chapters also
include helpful summaries and ideas on what the future may
hold.Both authors are at Tufts University. Eliana Cardoso is
Associate Professor at the Fletcher School of Law and Diplomacy and
Ann Helwege is Assistant Professor in the Department of Urban and
Environmental Policy.
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