Puzzle of Latin American Economic Development

This textbook provides students with the economic tools to understand Latin America's problems, analyzing challenges to the neoliberal model and highlighting recent macroeconomic changes. It includes up-to-date data and new boxed discussions and vignettes.

\n Format: Paperback / softback
\n Length: 592 pages
\n Publication date: 07 September 2018
\n Publisher: Rowman & Littlefield
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This comprehensive and essential text serves as a fundamental guide for students seeking to understand the complex economic challenges facing Latin American countries. In its fourth edition, Patrice Franko delves into the critical examination of the neoliberal model of development and sheds light on the recent macroeconomic transformations within the region. Accompanied by comprehensive charts and tables featuring the most up-to-date data available, the book also presents a wealth of insightful boxed discussions and vignettes, enriching the reader's understanding of the economic landscape.

The text begins by providing a historical overview of Latin America's economic development, highlighting the factors that have shaped its trajectory. It then delves into the core principles of economics, such as supply and demand, market competition, and economic growth. Through a series of case studies and examples, the book demonstrates how these principles apply to the specific challenges faced by Latin American countries.

One of the key themes of the book is the impact of globalization on Latin American economies. Franko explores how the region has been integrated into the global economy, the benefits and challenges associated with this integration, and the strategies that countries have adopted to navigate the changing economic landscape. He also examines the role of foreign direct investment, trade policies, and international financial institutions in shaping Latin American economies.

Another important aspect of the book is the analysis of the neoliberal model of development. Franko challenges the assumptions underlying this model and argues that it has failed to deliver sustainable economic growth and social development in Latin America. He explores alternative development models, such as the social market economy and the developmental state, and discusses their potential for promoting inclusive growth and reducing poverty in the region.

In addition to its theoretical analysis, the book also provides a wealth of practical insights and recommendations for policymakers and practitioners. Franko offers recommendations for improving the business climate, promoting investment, and implementing social policies that address the needs of marginalized communities. He also discusses the role of civil society organizations and social movements in promoting economic and social change in Latin America.

Throughout the text, Franko employs a clear and accessible writing style, making it accessible to students with a range of backgrounds and academic levels. He incorporates a wealth of visual aids, such as charts, tables, and diagrams, to enhance the reader's understanding of complex economic concepts and data.

In conclusion, this fourth edition of Economic Tools for Latin America provides a comprehensive and up-to-date introduction to the economic challenges facing Latin American countries. By examining the historical, theoretical, and practical aspects of economic development, the book equips students with the tools they need to understand the complex economic landscape and contribute to the region's sustainable development. Whether you are a student, researcher, or policymaker, this book is an invaluable resource for gaining a deeper understanding of the economic challenges and opportunities in Latin America.

\n Weight: 914g\n
Dimension: 253 x 179 x 25 (mm)\n
ISBN-13: 9781442212176\n
Edition number: Fourth Edition\n