1.

Record Nr.

UNINA9910821778303321

Titolo

The decline of Latin American economies [[electronic resource] ] : growth, institutions, and crises / / edited by Sebastian Edwards, Gerardo Esquivel, and Graciela Márquez

Pubbl/distr/stampa

Chicago, : University of Chicago Press, 2007

ISBN

1-282-00483-2

9786612004834

0-226-18503-6

Descrizione fisica

1 online resource (427 p.)

Collana

A National Bureau of Economic Research conference report

Altri autori (Persone)

EdwardsSebastian <1953->

EsquivelGerardo

MárquezGraciela

Disciplina

330.98

Soggetti

BUSINESS & ECONOMICS / General

Latin America Economic conditions

Latin America Economic policy

Latin America Politics and government

Latin America History

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and indexes.

Nota di contenuto

When did Latin America fall behind? / Leandro Prados de la Escosura -- Before the Golden Age / Pedro Lains -- Inequality and the evolution of institutions of taxation / Kenneth L. Sokoloff and Eric M. Zolt -- Financial crises, 1880-1913 / Michael D. Bordo and Christopher M. Meissner -- True measure of country risk / Gerardo della Paolera and Martin Grandes -- Related lending / Noel Maurer and Stephen Haber -- Sudden stops and currency drops  / Luis A. V. Catão -- Establishing credibility / Sebastian Edwards -- Some economic effects of closing the economy / Gerardo Esquivel and Graciela Márquez -- Political economy of protectionism / Aurora Gómez-Galvarriato.

Sommario/riassunto

Latin America's economic performance is mediocre at best, despite abundant natural resources and flourishing neighbors to the north. The perplexing question of how some of the wealthiest nations in the world



in the nineteenth century are now the most crisis-prone has long puzzled economists and historians. The Decline of Latin American Economies examines the reality behind the struggling economies of Argentina, Chile, and Mexico. A distinguished panel of experts argues here that slow growth, rampant protectionism, and rising inflation plagued Latin America for