Left Behind 1st edition by Sebastian Edwards – Ebook PDF Instant Download/Delivery: 022600466X , 978-0226004662
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Product details:
ISBN 10: 022600466X
ISBN 13: 978-0226004662
Author: Sebastian Edwards
The political and economic history of Latin America has been marked by great hopes and even greater disappointments. Despite abundant resources—and a history of productivity and wealth—in recent decades the region has fallen further and further behind developed nations, surpassed even by other developing economies in Southeast Asia and elsewhere.
In Left Behind, Sebastian Edwards explains why the nations of Latin America have failed to share in the fruits of globalization and forcefully highlights the dangers of the recent turn to economic populism in the region. He begins by detailing the many ways Latin American governments have stifled economic development over the years through excessive regulation, currency manipulation, and thoroughgoing corruption. He then turns to the neoliberal reforms of the early 1990s, which called for the elimination of deficits, lowering of trade barriers, and privatization of inefficient public enterprises—and which, Edwards argues, held the promise of freeing Latin America from the burdens of the past. Flawed implementation, however, meant the promised gains of globalization were never felt by the mass of citizens, and growing frustration with stalled progress has led to a resurgence of populism throughout the region, exemplified by the economic policies of Venezuela’sHugo Chávez. But such measures, Edwards warns, are a recipe for disaster; instead, he argues, the way forward for Latin America lies in further market reforms, more honestly pursued and fairly implemented. As an example of the promise of that approach, Edwards points to Latin America’s giant, Brazil, which under the successful administration of President Luis Inácio da Silva (Lula) has finally begun to show signs of reaching its true economic potential.
As the global financial crisis has reminded us, the risks posed by failing economies extend far beyond their national borders. Putting Latin America back on a path toward sustained growth is crucial not just for the region but for the world, and Left Behind offers a clear, concise blueprint for the way forward.
Left Behind 1st Table of contents:
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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