具体描述
The political and economic history of Latin America has been marked by great hopes and even greater disappointments. Despite abundant resources—and a history of productivity and wealth—in recent decades the region has fallen further and further behind developed nations, surpassed even by other developing economies in Southeast Asia and elsewhere.
In Left Behind , Sebastian Edwards explains why the nations of Latin America have failed to share in the fruits of globalization and forcefully highlights the dangers of the recent turn to economic populism in the region. He begins by detailing the many ways Latin American governments have stifled economic development over the years through excessive regulation, currency manipulation, and thoroughgoing corruption. He then turns to the neoliberal reforms of the early 1990s, which called for the elimination of deficits, lowering of trade barriers, and privatization of inefficient public enterprises—and which, Edwards argues, held the promise of freeing Latin America from the burdens of the past. Flawed implementation, however, meant the promised gains of globalization were never felt by the mass of citizens, and growing frustration with stalled progress has led to a resurgence of populism throughout the region, exemplified by the economic policies of Venezuela’s Hugo Chávez. But such measures, Edwards warns, are a recipe for disaster; instead, he argues, the way forward for Latin America lies in further market reforms, more honestly pursued and fairly implemented. As an example of the promise of that approach, Edwards points to Latin America's giant, Brazil, which under the successful administration of President Luis Inácio da Silva (Lula) has finally begun to show signs of reaching its true economic potential.
As the global financial crisis has reminded us, the risks posed by failing economies extend far beyond their national borders. Putting Latin America back on a path toward sustained growth is crucial not just for the region but for the world, and Left Behind offers a clear, concise blueprint for the way forward.
作者简介
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用户评价
前面是一些关于制度重要性的老生长谈，后面的部分带有遗憾地指出：伴随着经济稳定政策的锚定汇率制度本来是控制通胀的暂时性措施，与自由主义改革没有内在的联系。但长期的锚定汇率政策造成的恶劣后果却被归咎于市场化改革和“华盛顿共识”，最终助推了上一轮的拉美左疯。
“in societies that began with extreme inequality, the elites were both inclined and able to establish a basic legal framework that ensured them a disproportionate share of political power and to use laws and other government policies that gave them greater access to economic opportunities than the rest of the population”
前面是一些关于制度重要性的老生长谈，后面的部分带有遗憾地指出：伴随着经济稳定政策的锚定汇率制度本来是控制通胀的暂时性措施，与自由主义改革没有内在的联系。但长期的锚定汇率政策造成的恶劣后果却被归咎于市场化改革和“华盛顿共识”，最终助推了上一轮的拉美左疯。
“in societies that began with extreme inequality, the elites were both inclined and able to establish a basic legal framework that ensured them a disproportionate share of political power and to use laws and other government policies that gave them greater access to economic opportunities than the rest of the population”
“in societies that began with extreme inequality, the elites were both inclined and able to establish a basic legal framework that ensured them a disproportionate share of political power and to use laws and other government policies that gave them greater access to economic opportunities than the rest of the population”
