Latin America: The Long and Winding Road to Growth

• Author(s): Federico Foders • Published: June 2001
• Pages in paper: 20


This paper reviews recent economic reforms carried out in Latin America and relates them to the long-run economic trends in the region. After a brief overview of growth and income distribution patterns of Latin American countries in the nineteenth and twentieth centuries, the paper addresses some of the reasons for the region’s economic decline. Milestones such as the debt crisis of 1982, the failure of heterodox stabilisation programmes in the 1980s and the consequences of liberalisation in the 1990s are discussed at length, as also are the lessons drawn from the financial crises of the 1990s for the current process of economic transformation.

Register for personal access to all papers for just £47.99

To download papers you need a subscription to World Economics Journal.
Get access to the full 20 year archive of thousands of papers and abstracts.

Order online now for 1 years immediate access for 1 user via username/password.

You do not need a PayPal account to pay by card.

Institutional Subscriptions, Contact Us
Existing Subscriber Log-in

More Papers From This Author in World Economics:

Ready to Join the EU?

This paper presents a new set of indicators concerning the status of economic reform in the candidate countries for the enlargement of the European Union which is scheduled for 2004. After an overview of indicators of institutional development, macroeconomic policy and trade policy, a composite index is derived. It turns out that the ranking of the candidate countries according to the composite index diverges from the ranking provided in the progress reports of the European Commission.

Read Full Paper >