The economies of Latin America have undergone a deep process of
change in the last decade as a result of the application of major
reforms. The outcome can be fairly described as a New Economic
Model. This New Economic Model is distinguished from its
predecessor, in force before the 1980s debt crisis, by an emphasis
on market forces and export-led growth. This book explores the main
features of the New Economic Model in Latin America and, through
analysis of the reform process and case studies, examines its
impact on income distribution and poverty.
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