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This volume is a compilation of essays that reviews the current status of agricultural progress in Latin America and evaluates its prospects into the 1990s. Various experts on Latin American affairs offer analyses that examine how economic and political changes over the past two decades, both regional and worldwide, have resulted in an imbalance between stagnation of output growth and modernization. Convinced that stability is vital to agricultural prosperity within the region, this study defines the major obstacles to this goal and develops new strategies to successfully meet the...

This important new text provides a clear, comprehensive, and accessible overview of major economic issues facing Latin America today, including balance of payments problems, inflation, stabilization, poverty, inequality, and land reform. It captures trends and common issues and at the same time illustrates the diversity of national experiences.

Each chapter centers around an economic problem from such new topics as debt to more enduring issues like poverty and agrarian reform -- and presents major economic theories on the causes and solutions to the problem. Complex equations and...