Latin America's Economic Development:  Confronting Crisis, 2nd Edition
  • 1995/402 pages

Latin America's Economic Development:

Confronting Crisis, 2nd Edition

James L. Dietz, editor
Paperback: $24.95
ISBN: 978-1-55587-600-5
This revised edition of Latin America's Economic Development continues to provide a heterodox perspective on Latin America's economic problems, with institutional and neostructuralist views dominating. The selections richly convey that there are viable alternatives to the neoliberal approach dominating so much of policymaking, as well as academic debate, since the 1980s.

The book addresses fundamental areas of concern: the relationship between economic growth and equity; import substitution vs. export-oriented strategies; the role of transnational corporations; new objectives for both market and state; employment and unemployment; inflation; debt; and the impact of neoliberal adjustment policies. Chapters new to the second edition touch particularly on persistent inflation, populist economic policies, women in the work force, poverty, structural adjustment, and the neostructuralist alternative to neo- liberalism.

The section introductions identify key issues in the readings and, where appropriate, suggest approaches to the problems explored.

This is the perfect book for use as a core text in combination with other collections, or as a complement to a text such as Cardoso and Helwege's Latin America's Economy.

James L. Dietz is professor of economics at California State University, Fullerton. His many publications include Economic History of Puerto Rico and Progress Toward Development in Latin America: From Prebisch to Technological Autonomy (coedited with Dilmus James).