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This timely publication analyses the development challenge faced by
Latin America at a time at which the concerns for the large
inequality in the region are at a peak. In economies with average
per-capita GDP about one-quarter to one-fifth of that of richer
economies, tackling the challenge of producing equitable growth
emerges as a requisite for reducing the development gap with rich
countries. This volume focuses on growth-with-equity, written by an
outstanding group of Latin American and international researchers
and policy-makers.
This book provides an in-depth analysis of neo-liberal and
progressive economic reforms and policies implemented in Chile
since the Pinochet dictatorship. The core thesis of the book is
that there is not just 'one Chilean economic model', but that
several have been in force since the coup of 1973.
Senior bankers, regulators, and well-known academics explain the behavior of different players. The book breaks new ground by showing in detail how such behavior has contributed to the decline of flows and their volatility. The book suggests what coping mechanisms developing countries could adopt to deal with crisis situations; what measures should be taken at the national and international levels to make recipient countries less vulnerable to international financial instability; how such instability can be reduced; and what can be done on the source countries to encourage larger more stable capital flows to developing countries.
This book analyses the development challenge faced by Latin America
at a time at which the concerns for the large inequality in the
region are at a peak. This volume focuses on growth-with-equity,
and is written by an outstanding group of Latin American and
international researchers and policy-makers.
This book analyzes the new trends in capital flows to emerging
markets since the Asian crisis, their determinants and policy
implications. It explains why such flows have declined so
dramatically in recent years, emphasising both structural and
cyclical factors. Senior bankers, regulators, and well-known
academics explain the behaviour of different players. The book
breaks new ground by showing in detail how such behaviour has
contributed to the decline of flows and their volatility. The book
suggests what coping mechanisms developing countries could adopt to
deal with crisis situations; what measures should be taken at the
national and international levels to make recipient countries less
vulnerable to international financial instability; how such
instability can be reduced; and what can be done on the source
countries to encourage larger more stable capital flows to
developing countries.
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