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Macroeconomics and Development - Roberto Frenkel and the Economics of Latin America (Hardcover)
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Macroeconomics and Development - Roberto Frenkel and the Economics of Latin America (Hardcover)
Series: Initiative for Policy Dialogue at Columbia: Challenges in Development and Globalization
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Latin American neo-structuralism is a cutting-edge, regionally
focused economic theory with broad implications for macroeconomics
and development economics. Roberto Frenkel has spent five decades
developing the theory's core arguments and expanding their
application throughout the discipline, revolutionizing our
understanding of high inflation and hyperinflation, disinflation
programs, and the behavior of foreign exchange markets as well as
financial and currency crises in emerging economies. The essays in
this collection assess Latin American neo-structuralism's
theoretical contributions and viability as the world's economies
evolve. The authors discuss Frenkel's work in relation to pricing
decisions, inflation and stabilization policy, development and
income distribution in Latin America, and macroeconomic policy for
economic growth. An entire section focuses on finance and crisis,
and the volume concludes with a neo-structuralist analysis of
general aspects of economic development. For those seeking a
comprehensive introduction to contemporary Latin American economic
thought, this collection not only explicates the intricate work of
one of its greatest practitioners but also demonstrates its impact
on the growth of economics.
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