Latin Americas Economy: Diversity, Trends, and Conflicts
by Eliana A. Cardoso, Ann Helwege
Category: Business & Economics

This important new text provides a clear, comprehensive, and accessible overview ofmajor economic issues facing Latin America today, including balance of payments problems, inflation,stabilization, poverty, inequality, and land reform. It captures trends and common issues and at thesame time illustrates the diversity of national experiences.Each chapter centers around an economicproblem from such new topics as debt to more enduring issues like poverty and agrarian reform - andpresents major economic theories on the causes and solutions to the problem. Complex equations andformulas are omitted; instead, the discussion focuses on the underlying logic of contending policyprescriptions. Cardoso and Helwege provide numerous cross-country examples and tables to demonstratehow individual countries are affected differently by economic trends or policies, gradually buildinga sense of the complexity of the Latin American economy and the policy implications behind economicsolutions. Chapters also include helpful summaries and ideas on what the future may hold.Bothauthors are at Tufts University. Eliana Cardoso is Associate Professor at the Fletcher School of Lawand Diplomacy and Ann Helwege is Assistant Professor in the Department of Urban and EnvironmentalPolicy.