Since the economic decline in the early 1980s, most countries in Central America and the Caribbean have returned to positive growth rates. The recovery often coincided with or followed extensive neoliberal reforms. The contributors to this book address the crucial question of whether these growth rates are sustainable. Several aspects of sustainability are assessed, in particular macroeconomic, social, and ecological aspects. The book includes both comparative analyses focusing on one of these aspects of sustainability, and country case studies. The conclusion is that these countries have not...
Since the economic decline in the early 1980s, most countries in Central America and the Caribbean have returned to positive growth rates. The recover...
This work provides a consistent and empirically meaningful definition of surplus and suggests an analytical framework for studying economic growth and stagnation using that concept. The book also presents a case study of the role of surplus in economic growth. In the first part of the work, a method is developed emphasizing the links to classical economic theory and the logical flaws of the earlier works. The second part examines the role of surplus in one country, and tests the classical hypotheses about growth in the long run and in a cross-section of countries.
This work provides a consistent and empirically meaningful definition of surplus and suggests an analytical framework for studying economic growth ...
