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Economic liberalization, distribution, and poverty : Latin America in the 1990s by Rob Vos, Lance Taylor, Ricardo Paes de Barros is a book available to read on EtoBox.

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Since the late 1980s, almost all Latin American countries have undergone a series of far-reaching economic reforms, particularly in the areas of financial and capital account liberalization and trade. This book provides a comparative and analytical framework for assessing the impact of these reforms upon 16 countries in Latin America and the Caribbean, including: Argentina, Brazil, Chile, Colombia, Ecuador, El Salvador, Mexico, and Peru.The contributors analyse the complex interaction between macro policies, trade and financial liberalization. They illustrate that capital account liberalization in many cases has counteracted objectives of trade liberalization by provoking real exchange-rate appreciation and a profit squeeze in tradable goods sectors. The book concludes that structural shifts resulting from the reform process - such as greater demand for skilled labour and labour-saving investments in modern economic sectors - are major underlying causes of inequality and poverty. The authors ascertain that although these repercussions are strongly associated with the process of trade liberalization, in several instances the positive impact of macroeconomic stabilization and expansi

Author

Rob Vos, Lance Taylor, Ricardo Paes de Barros

Publisher

Edward Elgar Publishing; Edward Elgar

Published

2002

Language

EN

ISBN

9781843767510

Subjects

History, Economics, Business