Economic Liberalization, Distribution and Poverty - Latin America in the 1990s (Hardcover, illustrated edition)

Since the late 1980s, almost all Latin American countries have undergone a series of far-reaching economic reforms, particularly in the areas of financial and capital account liberalization and trade. This book provides a comparative and analytical framework for assessing the impact of these reforms upon 16 countries in Latin America and the Caribbean, including: Argentina, Brazil, Chile, Colombia, Ecuador, El Salvador, Mexico, and Peru.The contributors analyse the complex interaction between macro policies, trade and financial liberalization. They illustrate that capital account liberalization in many cases has counteracted objectives of trade liberalization by provoking real exchange-rate appreciation and a profit squeeze in tradable goods sectors. The book concludes that structural shifts resulting from the reform process - such as greater demand for skilled labour and labour-saving investments in modern economic sectors - are major underlying causes of inequality and poverty. The authors ascertain that although these repercussions are strongly associated with the process of trade liberalization, in several instances the positive impact of macroeconomic stabilization and expansion of aggregate demand on employment and real incomes have counteracted these negative outcomes. Economic Liberalization, Distribution and Poverty will be of interest to scholars of economic development, policymakers in countries undergoing major economic reforms (Latin America, Africa, Asia and Eastern Europe), economic analysts at multilateral agencies (UN, IMF, World Bank, regional development banks, BIS), and international investment agencies including major banks. The book will also be important to aid agencies and those interested in a better understanding of the impact of globalization on the well-being of people across the globe.

General

Imprint:	Edward Elgar Publishing Ltd
Country of origin:	United Kingdom
Release date:	November 2002
Editors:	Rob Vos • Lance Taylor • Ricardo Paes De Barros
Dimensions:	234 x 156mm (L x W)
Format:	Hardcover
Pages:	464
Edition:	illustrated edition
ISBN-13:	978-1-84064-871-3
Categories:	Books > Business & Economics > Economics > Development economics Books > Humanities > History > History of specific subjects > Economic history Books > History > History of specific subjects > Economic history Promotions
LSN:	1-84064-871-6
Barcode:	9781840648713

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