Can the experience of the 1980s in Latin America be analyzed and
evaluated to shed light on prospects for the 1990s? The central
objective of this volume is to survey the development experience of
the Latin American region in the 1980s and explore prospects for
the coming decade. In this context, themes of crucial importance
for the region are examined, including democratic consolidation,
income distribution, the environment, hyperinflation, and the debt
problem. Although socioeconomic and political aspects are
emphasized, issues of equity and the environment are of special
importance. Case studies of Peru, Chile, Mexico, Argentina, and
Cuba provide fresh information on these issues in specific
countries. The book focuses on the problem of development at a
critical juncture in the evolution of the region. Not surprisingly,
the contributors express differing points of view, but have in
common the sense of the urgency of development problems that face
Latin America.
Central issues concerning the region's economy are the focus in
the first part of the book. In the second part, key issue areas for
the future are discussed. Of central concern in an exploration of
the prospects for Latin America is the sustainability and
improvement of democratization which proceeded in the 1980s. On the
whole, the authors are not optimistic. The immense economic
difficulties faced by the region--the debt overhang, the large and
continuing overflow of financial and real resources, hyperinflation
in some countries--will not be easy to manage. Although there are
no guarantees that income distribution will be improved, among the
positive developments foreseen for the 1990s are improved economic
management, the addressing of environmental issues, and greater
attention to issues of women's rights. This book should serve as a
useful and timely guide to a complex region for both students and
policymakers.
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