Download or read book The Capitalist Revolution in Latin America written by Paul Craig Roberts and published by Oxford University Press. This book was released on 1997-04-17 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: The political and social upheavals that have transformed the economies of Eastern Europe and the former Soviet Union during the past ten years have sparked considerable interest and speculation on the part of Western observers. Less noted, though hardly less dramatic, has been the revolutionary spread of free market capitalism throughout much of Latin America during the same period. In a wide-ranging survey that illuminates both the history and present business climate of the region, Paul Roberts and Karen Araujo describe the economic transformation currently taking place in Latin America. And as they do so, they also reexamine many of the prevailing orthodoxies concerning international development and the regulation of markets, and point to the success of privatization and free enterprise in Mexico, Argentina, and Chile as harbingers of the economic future for both hemispheres. The potential strength of the economies of Central and South America has always been obvious, the authors point out. Abundant natural resources, combined with vast expanses of fertile land and a sophisticated and relatively cohesive social culture, are found throughout the region. But the authors show that the Latin American nations were slow to discard the economic and social climate that they had inherited from their Spanish colonial masters, who had ruled by selling government jobs--creating a network of privilege--and by suppressing through over-regulation the development of markets for goods, services, and capital. The prevalent cultural attitude in Latin America was hostile to commerce, trade, and work--indeed, it was more socially acceptable to court government privilege than to compete in markets. The authors further show that U.S. aid packages to the region actually reinforced this culture of privilege and further hampered the growth of a free economy. Not until the 1980s did the picture begin to change, largely in response to the economic crises brought on through catastrophic national debts and hyperinflation. The book describes the efforts of the Salinas, Pinochet, and Menem governments to combat the established interests of the local elites and the international development agencies, to privatized state industries, and to established independent markets. In this new climate, private capitalists and entrepreneurs are feted and celebrated, and productivity has risen to levels unimagined only a few years before. But this dramatic economic turnaround, the authors show, is a mixed blessing for the U.S. For if it provides us with a vast new market for our goods, it has also created a powerful new competitor for capital investment. To keep American and foreign capitalists investing in America, the government needs to make changes, which the authors outline in a provocative conclusion. Central and South America have a combined population of 460 million people, a potential market greater than the United States and Canada combined or the European Community. Thus the rise of free market capitalism in Latin America is of vital interest to the United States. The Capitalist Revolution in Latin America provides an insightful portrait of this dramatic economic turn-around, illuminating the economic consequences for our own society.

Download or read book News from the Library written by Felipe Herrera Library and published by . This book was released on 1991 with total page 568 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Annual Report of the Chairman of the National Advisory Council on International Monetary and Financial Policies to the President and to the Congress for Fiscal Year written by National Advisory Council on International Monetary and Financial Policies (U.S.) and published by . This book was released on 1990 with total page 342 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Federal Evaluations written by and published by . This book was released on with total page 800 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contains an inventory of evaluation reports produced by and for selected Federal agencies, including GAO evaluation reports that relate to the programs of those agencies.

Download or read book Federal Program Evaluations written by and published by . This book was released on 1984 with total page 776 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contains an inventory of evaluation reports produced by and for selected Federal agencies, including GAO evaluation reports that relate to the programs of those agencies.

Download or read book Annual Report to the President and to the Congress for Fiscal Year written by National Advisory Council on International Monetary and Financial Policies (U.S.) and published by . This book was released on 1981 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A I D Research and Development Abstracts written by and published by . This book was released on 1986 with total page 686 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Annual Report to the President and to the Congress written by National Advisory Council on International Monetary and Financial Policies (U.S.) and published by . This book was released on 1989 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book World Development Report 1994 written by and published by World Bank Publications. This book was released on 1994 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: World Development Report 1994 examines the link between infrastructure and development and explores ways in which developing countries can improve both the provision and the quality of infrastructure services. In recent decades, developing countries have made substantial investments in infrastructure, achieving dramatic gains for households and producers by expanding their access to services such as safe water, sanitation, electric power, telecommunications, and transport. Even more infrastructure investment and expansion are needed in order to extend the reach of services - especially to people living in rural areas and to the poor. But as this report shows, the quantity of investment cannot be the exclusive focus of policy. Improving the quality of infrastructure service also is vital. Both quantity and quality improvements are essential to modernize and diversify production, help countries compete internationally, and accommodate rapid urbanization. The report identifies the basic cause of poor past performance as inadequate institutional incentives for improving the provision of infrastructure. To promote more efficient and responsive service delivery, incentives need to be changed through commercial management, competition, and user involvement. Several trends are helping to improve the performance of infrastructure. First, innovation in technology and in the regulatory management of markets makes more diversity possible in the supply of services. Second, an evaluation of the role of government is leading to a shift from direct government provision of services to increasing private sector provision and recent experience in many countries with public-private partnerships is highlighting new ways to increase efficiency and expand services. Third, increased concern about social and environmental sustainability has heightened public interest in infrastructure design and performance.

Download or read book School Work and Equity written by Susan J. Hoben and published by Boston University Art Gallery. This book was released on 1989 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The World Bank Monthly Operational Summary written by World Bank and published by . This book was released on 1997 with total page 620 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book World Highway Report written by and published by . This book was released on 1979 with total page 666 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Semiannual Report to the President and to the Congress written by National Advisory Council on International Monetary and Financial Policies (U.S.) and published by . This book was released on 1974 with total page 1032 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Commerce Today written by and published by . This book was released on 1971 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Monthly Operational Summary written by World Bank and published by . This book was released on 1994 with total page 534 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Development Business written by and published by . This book was released on 2002-06-30 with total page 846 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Resources in Education written by and published by . This book was released on 1978 with total page 792 pages. Available in PDF, EPUB and Kindle. Book excerpt: