ABSTRACT

This is a reader that applies the newest debates in political economy to the analysis of Latin America in a way that is thematically and theoretically cohesive.. Modern Political Economy and Latin America consists of carefully selected, edited readings in Latin American political economy. The editors, Jeffry Frieden and Manuel Pastor, Jr., include an introductory chapter, and a concluding article as well as brief introductions to all sections. These inclusions will make explicit the theoretical underpinnings of each article, and will highlight their respective contributions to the ongoing debates in Latin America. } Modern Political Economy and Latin America consists of carefully selected, edited readings in Latin American political economy. The editors, Jeffry Frieden and Manuel Pastor, Jr., include an introductory chapter, and a concluding article as well as brief introductions to all sections. These inclusions will make explicit the theoretical underpinnings of each article, and will highlight their respective contributions to the ongoing debates in Latin America.Latin American economies are undergoing profound transformations. And, in the wake of a decade-long debt crisis, the statist models of the past are giving way to a reliance on the market even as authoritarian rule seems to have ebbed in favor of new or reborn democratic institutions. As a result, the policy framework guiding economic and political development is likely to be fundamentally different. The analysis of Latin America needs a strong dose of modern political economy--one that can bring the area studies field up to date with the recent developments on the theoretical end of the economics and political science professions. This book helps fill that need. }

part One|92 pages

Theoretical Perspectives

part I|32 pages

Contending Perspectives on Market Failure and Government Failure

chapter 1|5 pages

The Origins of Structuralism

ByH. W. Arndt

chapter 2|8 pages

Government Failures in Development

ByAnne O. Krueger

chapter 3|6 pages

What Washington Means by Policy Reform

ByJohn Williamson

chapter 4|5 pages

How Can States Foster Markets?

ByBrian Levy

chapter 5|6 pages

Improving the State's Institutional Capability

BySanjay Pradhan

part II|58 pages

Explanations of Government Policy

chapter 6|7 pages

The Method of Analysis: Modern Political Economy

ByJeffry A. Frieden

chapter 7|15 pages

Political Models of Macroeconomic Policy and Fiscal Reforms

ByAlberto Alesina

chapter 8|12 pages

Understanding Economic Policy Reform

ByDani Rodrik

chapter 9|10 pages

What Do We Know About the Political Economy of Economic Policy Reform?

ByStephan Haggard, Steven B. Webb

chapter 10|12 pages

Uses and Limitations of Rational Choice

ByBarbara Geddes

part Two|237 pages

Applications

part III|57 pages

The Political Economy of Growth since Independence

chapter 11|13 pages

Obstacles to Economic Growth in Nineteenth-Century Mexico

ByJohn H. Coatsworth

chapter 12|12 pages

Economic Retardation in Nineteenth-Century Brazil

ByNathaniel H. Leff

chapter 13|12 pages

Factor Endowments, Institutions, and Differential Paths of Growth Among New World Economies:

A View from Economic Historians of the United States
ByStanley L. Engerman, Kenneth L. Sokoloff

chapter 14|6 pages

Latin American Manufacturing and the First World War

ByRory Miller

chapter 15|12 pages

Latin America in the 1930s

ByCarlos F. Diaz Alejandro

part IV|40 pages

Foreign Trade and Industrial Policy

chapter 16|10 pages

Import Substitution Industrialization

ByEliana Cardoso, Ann Helwege

chapter 18|5 pages

The Case for Trade Liberalization in Developing Countries

ByRudiger Dornbusch

chapter 19|8 pages

The Origins of Mexico's Free Trade Policy

ByManuel Pastor, Carol Wise

chapter 20|7 pages

The Political Economy of MERCOSUR

ByLuigi Manzetti

part V|42 pages

Foreign Capital and the Macroeconomy

chapter 21|14 pages

Forms of External Capital and Economic Development in Latin America: 1820–1997

ByWerner Baer, Kent Hargis

chapter 23|7 pages

Inflows of Capital to Developing Countries in the 1990s

ByGuillermo A. Calvo, Leonardo Leiderman, Carmen M. Reinhart

chapter 24|5 pages

Foreign Direct Investment in Developing Countries: Progress and Problems

ByJoel Bergsman, Xiaofang Shen

chapter 25|6 pages

The Political Economy of Foreign Direct Investment in Latin America

ByStephan Haggard

part VI|49 pages

Political Institutions and Economic Policy

chapter 26|10 pages

Challenging the Conventional Wisdom

ByBarbara Geddes

chapter 27|14 pages

Democratic Institutions, Economic Policy, and Development

ByStephan Haggard

chapter 28|10 pages

A Game Theoretic Model of Reform in Latin American Democracies

ByBarbara Geddes

part VII|45 pages

Social and Economic Issues

chapter 31|11 pages

Facing Up to Inequality in Latin America

Interamerican Development Bank
Edited ByJeffry Frieden, Manuel Pastor, Michael Tomz

chapter 32|9 pages

Income Distribution, Capital Accumulation, and Growth

United Nations Conference on Trade and Development (Unctad)
Edited ByJeffry Frieden, Manuel Pastor, Michael Tomz

chapter 33|6 pages

Public Finance from a Gender Perspective

ByIngrid Palmer

chapter 34|12 pages

The Political Economy of Environmental Policy Reform in Latin America

ByDavid Kaimowitz