Noemi Levy-Orlik Jorge A. Bustamante-Torres Louis-Philippe Rochon
This book addresses the problems of Latin America, through two of the most important features of the post-Bretton Woods economic order, large corporations and weak financial markets. In turn, it shows that their impact on economic growth and development is feeble and short-lived. This resulted in income concentration and an extremely unequal distribution of wealth in the region. As a result, large corporations and financial markets became central institutions in developing economies. In this context, Latin American countries globalized their economies, modifying their productive and...
This book addresses the problems of Latin America, through two of the most important features of the post-Bretton Woods economic order, large corporat...