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Economic Liberalisation in Latin America (Hardcover)
Loot Price: R3,868
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Economic Liberalisation in Latin America (Hardcover)
Series: Routledge Studies in Development Economics
Expected to ship within 12 - 17 working days
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This book explores the process of economic liberalisation in Latin
America and revises the transition from the import substitution
industrialisation model to market-oriented reforms. It explains the
theoretical foundations of the neoliberal paradigm and the
implications of the policies that were labelled as the Washington
Consensus. The book also incorporates an assessment on the
socio-political norms added to the orthodox prescription, the
so-called Post-Washington Consensus. The study comprises a general
analysis on the subcontinent and on different economic
liberalisation paths, and looks at four country case studies:
Mexico, Brazil, Chile, and Uruguay, from the 1980s to recent years.
From this approach, the reader can analyse weaknesses and
strengths, the socioeconomic performance, and the difficulties that
Latin America has presented through the turbulent process of
economic liberalisation, both at an early stage and over the long
run, by means of country case studies encompassing the most diverse
and representative styles of economic openness in the subcontinent.
This allows them to identify the challenges the country faces and
the appropriate policies they can follow to cope with sustained
economic growth, poverty reduction, and income distribution within
an economically open environment. The study is carried out by
analysing and contrasting theoretical and empirical perspectives,
allowing a broader understanding of the topics. The book is
complementary reading for textbooks, due to the objectivity with
which it addresses important and quotidian issues in the region,
associating empirical and theoretical topics, and facilitating the
understanding of the international political economy of Latin
America. It is also suitable for practitioners and researchers,
because of the depth in which it covers specific topics and the
useful analysis it conducts to incorporate policy implications and
suggestions for achieving equitable growth in a context of liberal
markets.
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