Economic Management and Economic Development in Peru and Columbia (Pitt Latin American Series)

Today Peru is undoubtedly poorer than Colombia. Yet at the turn of the century the opposite was true. This study asks why Peru has made relatively so much less progress, and finds part of the answer in the greater coherence and competence of short term policy management in Colombia. Whether the international economy has provided positive or negative shocks, Colombia has tended to manage them more skilfully than Peru - not be relying on the market but by generally pragmatic and prudent interventionist policies. Contents List of Tables List of Figures and Maps Foreword Preface 1. Colombian Coffee, Entrepreneurship and the State 2. Peruvian Export-led Underdevelopment 3. The End of the Golden Age of Import-Substituting Industrialisation 4. The Velasco Years in Peru: Discontinuity with Some Change? 5. Return to Orthodoxy 1976-85 6. The Apra Alternative 1985-90 7 Colombia 1967-70: Change with some Continuity? 8. Colombia in the 1970s: The Coffee Boom and 'Liberalisation' 9. Colombia in the Rough Seas of the 1980s 10 In Conclusion: Macro Management, Distribution and Welfare References Index Rosemary Thorp. Includes Bibliographical References (p. 217-226) And Index.