1120436
Book:Left behind : Latin America and the false promise of populism / Sebastian Edwards.:c2010. Book Left behind : Latin America and the false promise of populism / Sebastian Edwards.
Left behind : Latin America and the false promise of populism / Sebastian Edwards.
Author: Edwards, Sebastian 1953-
Publication year: c2010.
Language: English
Call Number HC125 .E393 2010
Media class: Book
Publisher: Chicago : The University of Chicago Press
ISBN: 9780226184784 0226184781
Extent: xiv, 292 p. ; 24 cm.
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Description:
Political and economic history of Latin America has been marked by hopes and disappointments. Despite abundant resources and history of productivity and wealth, the region has fallen further and further behind developed nations, surpassed even by other developing economies. Sebastian Edwards explains why nations of Latin America have failed to share in fruits of globalization and highlights dangers of recent turn to economic populism. He begins by detailing ways Latin American governments have stifled economic development through excessive regulation, currency manipulation, and corruption. He turns to neoliberal reforms of early 1990s, which called for elimination of deficits, lowering of trade barriers, and privatization of inefficient public enterprises. Flawed implementation meant promised gains of globalization were never felt by mass of citizens. Edwards argues the way forward for Latin America lies in further market reforms, more honestly pursued and fairly implemented. Putting Latin America back on path toward sustained growth is crucial--Publisher's description.
1. Latin America : the eternal land of the future -- Part One. A long decline : from independence to the Washington Consensus -- 2. Latin America's decline : a long historical view -- 3. From the Alliance for Progress to the Washington Consensus -- Part Two. The Washington Consensus and the recurrence of crises, 1989-2002 -- 4. Fractured liberalism : Latin America's incomplete reforms -- 5. Chile, Latin America's brightest star -- 6. So far from God : Mexico's tequila crisis of 1994 -- 7. The mother of all crises : Argentina, 2001-2002 -- Part Three. The Populist reaction -- 8. Populism, neopopulism, and inequality in the new century -- 9. Chávez's challenge and Lula's response -- Part Four. Challenges for the future -- 10. A three-speed Latin America for the twenty-first century.

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