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Rating:  Summary: Latin America's Economy Review: This book is probably one of the most widely used for classes on Latin American Economic Development. It is well-structured and combines a revision of the main historic events that had impacted the economic development of Latin America with alternative theoretical explanations. It gives special priority to topics such as inflation, debt crisis and poverty and inequality that are crucial for the understanding of the Latin American economic evolution. Moreover, the text does not forget about the role played by the interaction between politics and economics. In this sense, the chapter on populism is remarkable. However, many of the statistical tables are outdated and in my modest opinion, a future revision of the book should include a chapter on the neoliberal reforms and their consequences.
Rating:  Summary: Good history, but outdated Review: This book serves as a good history of Latin America's economic history until the late 1980s. Of course, given its publication in 1995, not much more could be expected. However, if you are looking for a good understanding of Latin America's main eocnomies, it is not sufficient, since the changes that most countries have faced in the 1990s and early 2000s are dramatic. For example, there is very little in this book dealing with privatization (the wave that hit the region in the early 1990s), or even the control of inflation and the (limited) opening of markets to international trade. Given all that has happened since its publication, it is good history, but does not reflect the current reality.
Rating:  Summary: Good history, but outdated Review: This book serves as a good history of Latin America's economic history until the late 1980s. Of course, given its publication in 1995, not much more could be expected. However, if you are looking for a good understanding of Latin America's main eocnomies, it is not sufficient, since the changes that most countries have faced in the 1990s and early 2000s are dramatic. For example, there is very little in this book dealing with privatization (the wave that hit the region in the early 1990s), or even the control of inflation and the (limited) opening of markets to international trade. Given all that has happened since its publication, it is good history, but does not reflect the current reality.
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