In the 1990s, 'protection', 'import substitution' and 'intervention' have become dirty words, part of the 'leyenda negra' of Latin America development in the postwar period. This book attempts a fresh look at the controversial years between the end of the Second World War and the point when, at varying dates in different countries, a discontinuity occurs in which the postwar 'style of development' ceased to play a central role in the economic evolution of the region. The analysis is based on seven case studies covering eleven countries.

This book explores the impact on Latin America of the extraordinary transformation of the international economy that took place in the half century or so that preceded the world depression of the 1930s. The authors show how the response varied in terms of both growth and distribution, shaped by varying preconditions, and by natural resources and geography. The interplay of economic developments with political and social structures had profound and varied effects on policy-making and on institutions that were of great significance for later decades.

Award winning title 'Globalization and Development' was selected as a 2003 'Notable Government Document' by the American Librarian Association (ALA) and GODORT (Government Documents Round Table). In this book, the UNECLAC (United Nations Economic Commission for Latin America and the Caribbean) draws upon the Latin American and Caribbean region's experience in order to formulate a historical and multidimensional assessment of the globalization process from the perspectives of developing countries.

Capital market liberalization has been a key battle in the debate on globalization for much of the previous two decades. Many developing countries, often at the behest of international financial institutions such as the IMF, opened their capital accounts and liberalized their domestic financial markets as part of the wave of liberalization that characterized the 1980s and 1990s and in doing so exposed their economies to increased risk and volatility. Now with even the IMF acknowledging the risks inherent in capital market liberalization, the central intellectual battle over the effects of...

Capital market liberalization has been a key battle in the debate on globalization for much of the previous two decades. Many developing countries, often at the behest of international financial institutions such as the IMF, opened their capital accounts and liberalized their domestic financial markets as part of the wave of liberalization that characterized the 1980s and 1990s and in doing so exposed their economies to increased risk and volatility. Now with even the IMF acknowledging the risks inherent in capital market liberalization, the central intellectual battle over the effects of...

Inequality in the world is high and rising. The problem of global uneven development is central to, and inseparable from, the international development agenda. In Uneven Economic Development, leading economists and development experts examine the causes and implications of international economic divergences. This comprehensive and timely book reviews economic growth and structural change patterns since the 1960s, before critically reviewing the respective role and impact of trade liberalization, macroeconomic policies, governance and institutions on comparative national economic performance,...

The financial crisis, which originated in developed country financial markets, has spread to developing countries and has turned into a global financial meltdown. Governments and Central Banks--though taking many and costly measures--seem powerless to stop the crisis. In light of this major global crisis that is hurting economies across the globe, this highly topical book focuses on the transparency and regulatory measures that become desirable after the current crisis; the implications of both the crisis and regulatory discussions for developing and developed economies; and reforms in the...

Climate change is one of the greatest challenges we face - both in terms of its potential impact on our societies and the earth, and the scale of international co-operation that is needed to confront it. Emerging as a component of the international dialogue on the environment and climate, the role of forests in influencing earth systems will need to be assessed. Drawing together perspectives from researchers and policy makers, this book explores how forests will interact with the physical and natural world, and with human society as the climate changes. Also considered is how the world's...

Developing country debt crises have been a recurrent phenomenon over the past two centuries. In recent times sovereign debt insolvency crises in developing and emerging economies peaked in the 1980s and, again, from the middle 1990s to the start of the new millennium. Despite the fact that several developing countries now have stronger economic fundamentals than they did in the 1990s, sovereign debt crises will reoccur again. The reasons for this are numerous, but the central one is that economic fluctuations are inherent features of financial markets, the boom and bust nature of which...