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"A masterly analysis that explains why economic populism in Latin America has been unable to reduce poverty--and never will. A must read for anyone eager to see Latin American countries move towards modern, inclusive and sustainable market economies under a single rule of law."
--Hernando de Soto, author of The Other Path and The Mystery of Capital"Sebastian Edwards's book is a must read for anyone interested in the economy of Latin America--past, present and future. No one knows Latin America better than Professor Edwards. And the experience of Latin America offers lessons for every developing country about what to do and what to avoid."
--Martin Feldstein"This is probably the most important book on Latin America of the decade; a masterly and highly readable assessment of the false starts and political failures--and the occasional successes--that have subverted the promise and potential of a continent. One of the outstanding economists of his generation, Sebastian Edwards explains the success of Chile and the disasters of populism in Venezuela and Argentina, while giving the best analysis available anywhere of Brazil's recent surge and its more cloudy prospects. And it is rare as it is refreshing to find a leading Latin American scholar acknowledging that his peoples' problem lies neither in the stars nor in Washington but in themselves."
--Martin Walker, senior director, Global Business Policy Council"Latin America is always promise, never quite performance. In his ruthlessly intelligent analysis, Sebastian Edwards cuts through the myths and obfuscations that have shielded Latin America from the basic political truths that underlie all economic growth. It is not Yanqui imperialism or global capitalism that holds back the Southern Hemisphere. To vary Bill Clinton: 'It's the politics, stupid' Sustained growth requires the rule of law, property rights, a much smaller, but much more efficient state, an independent judiciary, a competitive market with easy access for new entrants--strong institutions, in short. This book is 'political economy' at its very best--in the tradition of Smith, Ricardo, and Schumpeter."
--Josef Joffe, Stanford University"About this title" may belong to another edition of this title.
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Book Description Condition: New. The political and economic history of Latin America has been marked by great hopes and even greater disappointments. This book asks why the nations of Latin America have failed to share in the fruits of globalization and highlights the dangers of the turn to economic populism in the region. Num Pages: 296 pages. BIC Classification: 1KL; 3JJPR; 3JMC; KCZ. Category: (G) General (US: Trade). Dimension: 232 x 163 x 24. Weight in Grams: 572. . 2010. Hardcover. . . . . Seller Inventory # V9780226184784
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