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The Decline of Latin American Economies

Editor

Listed:
  • Edwards, Sebastian
  • Esquivel, Gerardo
  • Márquez, Graciela

Abstract

Latin America’s economic performance is mediocre at best, despite abundant natural resources and flourishing neighbors to the north. The perplexing question of how some of the wealthiest nations in the world in the nineteenth century are now the most crisis-prone has long puzzled economists and historians. The Decline of Latin American Economies examines the reality behind the struggling economies of Argentina, Chile, and Mexico. A distinguished panel of experts argues here that slow growth, rampant protectionism, and rising inflation plagued Latin America for years, where corrupt institutions and political unrest undermined the financial outlook of already besieged economies. Tracing Latin America’s growth and decline through two centuries, this volume illustrates how a once-prosperous continent now lags behind. Of interest to scholars and policymakers alike, it offers new insight into the relationship between political systems and economic development.

Suggested Citation

  • Edwards, Sebastian & Esquivel, Gerardo & Márquez, Graciela (ed.), 2007. "The Decline of Latin American Economies," National Bureau of Economic Research Books, University of Chicago Press, number 9780226185002, March.
  • Handle: RePEc:ucp:bknber:9780226185002
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    Cited by:

    1. Sebastian Edwards, 2009. "Latin America's Decline: A Long Historical View," NBER Working Papers 15171, National Bureau of Economic Research, Inc.
    2. Isidro Hernández Rodríguez, 2015. "Economía política de la tributación en Colombia," Books, Universidad Externado de Colombia, Facultad de Economía, edition 1, number 70, December.

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