The economies of Latin America have experienced the costs and benefits of becoming the locus of experimentation in the search for effective development strategies. This book examines the diverse set of challenges facing Latin American economies today, and provides an evaluation of current and previous economic policies. These range from the role of neo-liberal policies, deficit targeting, import substitution, role of institutions, trade and regional development and human capital and poverty. The issues are addressed and evaluated using current socio-economic data and state-of-the-art analytical techniques. This book is essential reading for all interested in the economic development of Latin America.
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