Cloth: 978-0-226-15843-3 | Paper: 978-0-226-15844-0 | Electronic: 978-0-226-15848-8
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ABOUT THIS BOOK
Economists and political scientists from the United States and Latin America detail in this volume how and why such programs go wrong and what leads policymakers to repeatedly adopt these policies despite a history of failure. Authors examine this pattern in Argentina, Brazil, Chile, Mexico, Nicaragua, and Peru—and show how Colombia managed to avoid it. Despite differences in how each country implemented its policies, the macroeconomic consequences were remarkably similar.
Scholars of Latin America will find this work a valuable resource, offering a distinctive macroeconomic perspective on the continuing controversy over the dynamics of populism.
TABLE OF CONTENTS
Part I. The Framework
1. The Macroeconomics of Populism
2. The Political Economy of Latin American Populism
3. Populism, Profligacy, and Redistribution
Part II. Country Experiences
4. Description of a Populist Experience: Argentina, 1973–1976
5. What Have Populists Learned from Hyperinflation?
6. Sixty Years of Populism in Brazil
7. The Socialist-Populist Chilean Experience: 1970–1973
8. Populism and Economic Policy in Mexico, 1970–1982
9. The Illusion of Pursuing Redistribution through Macropolicy: Peru's Heterodox Experience, 1985–1990
10. Collapse and (Incomplete) Stabilization of the Nicaraguan Economy
11. On the Absence of Economic Populism in Colombia