Economic Development for Latin America: Proceedings of a Conference held by the International Economic Association

ALEXANDRE KAFKA United Nations I ' Considerable changes have been made in the paper since it was first presented, but these changes bear mostly on the arrangement of the subject matter and on the drafting. Before presenting the paper I profited from discussions, particularly with Professors Nurkse, Hirschman, and Boudeville ; since then from discussions with Professors Laursen, Haberler, Gudin, and Bulhoes as well as with my colleagues Messrs. Chace! and Kerstenetsky at the Brazilian Institute of Economics. Front Matter....Pages i-x The Theoretical Interpretation of Latin American Economic Development....Pages 1-28 Global Programming as an Instrument of Economic Development Policy....Pages 29-56 Notes on the Theory of the ‘Big Push’....Pages 57-81 Inflation and Balanced Growth....Pages 82-109 The Role of Capital in Economic Development....Pages 110-138 The Servicing of Foreign Capital Inflows by Under-Developed Countries....Pages 139-167 Financial Institutions and Economic Development....Pages 168-200 Private Versus Public Foreign Investment in Under-Developed Areas....Pages 201-233 International Trade Theory and Development Policy....Pages 234-274 Terms of Trade and Economic Development....Pages 275-307 Economic Prospects of Primary Products....Pages 308-341 Stabilization of Proceeds from Raw Material Exports....Pages 342-365 Investment Priorities....Pages 366-398 Agricultural Versus Industrial Development....Pages 399-429 Exchange Controls and Economic Development....Pages 430-469 Back Matter....Pages 471-479