Reforming Latin America's economies: after the market fundamentalism

Provides a comprehensive analysis of why reforms in Latin America have failed in achieving growth and equity. The book focuses on three strategic areas of reforms of the Washington Consensus: macroeconomics, trade, and finance. Front Matter....Pages i-xiv Reforming the Reforms: Why and How....Pages 1-24 Front Matter....Pages 25-25 Macroeconomic Policies for Development....Pages 27-56 Growth, Productive Investment and the Macroeconomic Environment....Pages 57-84 Front Matter....Pages 85-85 Trade Liberalization Strategies and Growth....Pages 87-114 Export Dynamism in Latin America: Why has it been Insufficient for GDP Dynamism?....Pages 115-134 Front Matter....Pages 135-135 Taming Financial Shocks: How to Manage Boom and Bust....Pages 137-168 The Latin American and Asian Financial Crises: Contagion of Causes and Costs....Pages 169-195 Policy Lessons for this Decade....Pages 196-210 Front Matter....Pages 211-211 A Macroeconomics-for-Growth in the Democratic Transition in Chile....Pages 213-239 Back Matter....Pages 240-258 Provides a comprehensive analysis of why reforms in Latin America have failed in achieving growth and equity. The book focuses on three strategic areas of reforms of the Washington Consensus: Macroeconomics, Trade and Finance. Provides a comprehensive analysis of why reforms in Latin America have failed in achieving growth and equity. The book focuses on three strategic areas of reforms of the Washington Consensus: Macroeconomics, Trade and Finance. Identifies main analytical inconsistencies in the market fundamentalism that has dominated present reforms. In a firmly based policy-oriented approach, Ffrench-Davis offers alternative policies to reform the reforms in the three areas of macroeconomics, trade and finance, seeking for sustained equitable growth "Provides a comprehensive analysis of why reforms in Latin America have failed in achieving growth and equity. The book focuses on three strategic areas of reforms of the Washington Consensus: Macroeconomics, Trade and Finance. Identifies main analytical inconsistencies in the market fundamentalism that has dominated present reforms. In a firmly based policy-oriented approach, Ffrench-Davis offers alternative policies to reform the reforms in the three areas of macroeconomics, trade and finance, seeking for sustained equitable growth."--Jacket