Is Economic Reform Dead in Latin America? Rhetoric and Reality since 2000

Dados Bibliográficos

ID3603073
AutoresBarbara Stallings (0000-0002-9821-6533), Wilson Peres (0000-0002-2162-706X)
Ano2011
Volume43
Fascículo4
Páginas755-786
Data de publicação2011-11-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoJournal of Latin American Studies (JOURNAL)
Identificadores do periódicoISSN: 0022-216X • E-ISSN: 1469-767X
EditoraCambridge University Press (CUP) (PUBLISHER)
DOI10.1017/s0022216x11000435
OpenAlexW2115271844
IdiomaEN
Citações recebidas8
Referências citadas29

Literature published a decade ago reflected a pessimistic view of the market-oriented reforms that Latin America carried out in the 1980s and 1990s, and many politicians have attacked these reforms openly. Indeed, the atmosphere is so negative that it would be reasonable to assume that many of the reforms have been reversed. This paper will take a new look at the situation ten years later. Our argument is that the reforms have generally not been reversed. The reversal that has occurred has been with respect to privatisation in a few countries; negative public opinion is also concentrated on privatisation; and the reforms helped to enable Latin America to take advantage of favourable conditions leading to high growth in the 2004-8 boom period and a relatively strong performance during the 2008-9 crisis. While much remains to be done to raise growth and improve distribution, objective information about the reforms is needed when policies for the future are made

Argument (complex analysis) · Boom · Development economics · Economic policy · Economics · Latin Americans · Pessimism · Political economy · Political science · Politics · Public opinion · Rhetoric · Economic Theory and Policy · Fiscal Policies and Political Economy · Global Financial Crisis and Policies · Law