The Latin American State
Bibliographic Data
| ID | 4859532 |
|---|---|
| Authors | Albert Fishlow (0000-0001-6561-2313, Professor of Economics at the University of California, Berkeley, California., corresponding author) |
| Year | 1990 |
| Volume | 4 |
| Issue | 3 |
| Pages | 61-74 |
| Publication date | 1990-08-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Journal of Economic Perspectives (JOURNAL) |
| Journal identifiers | ISSN: 0895-3309 • E-ISSN: 1944-7965 |
| Publisher | American Economic Association (PUBLISHER • US) |
| DOI | 10.1257/jep.4.3.61 |
| OpenAlex | W2031177380 |
| Language | EN |
| Citations received | 28 |
| References cited | 5 |
The role of the state in Latin American economic development is undergoing fundamental reconsideration. This essay focuses on the reasons underlying the new commitment to reduced state participation. In particular, I suggest that the impetus comes less from newfound ideological conviction in the virtues of the market than from ineffective macroeconomic policy in the 1980s. The principal problem confronted by the countries of the region is a fiscal shortfall, not massive inefficiency resulting from misallocation of resources. Latin America is not Eastern Europe, where reform translates into elimination of the monopoly of state ownership and the structure of central command. Latin American countries have adhered to market capitalism, but without experiencing its magical effects in recent years. It is the contest between the micro- and macroeconomic explanations that illuminates why surface agreement on a reduced state role conceals a continuing divergence of views within the region
Capitalism · CONTEST · Conviction · Development economics · Economics · Inefficiency · Latin Americans · Market economy · Monopoly · Political economy · Political science · Economic Theory and Policy · Global Financial Crisis and Policies · Law
Trayectorias empresariales divergentes frente a contextos de privatización. Un estudio comparativo de dos empresas públicas argentinas
El neoestructuralismo como renovación del paradígma estructuralista de la economía del desarrollo
Reformas financieras en América Latina, 1990-1998
Measuring the Performance of a Protected Infant Industry
The Crises of Southern States
Beyond Transitions to Democracy in Latin America
The State and Development
Consolidating States, Restructuring Economies, and Confronting Workers and Peasants
Networking for climate change
The geopolitics of dependent development in Central Africa
Tax system reform in Latin America
Market, state, and civil organizations in Latin America beyond the debt crisis
Foreign direct investment in a strategically competitive environment
The fiscal impact of privatisation in Latin America
Public expenditures and growth
Política pública y bienestar social
The limits of democracy
The politics of liberalisation
Political Regimes and the Extractive Capacity of Governments
Why the Move to Free Trade? Democracy and Trade Policy in the Developing Countries
Paths to Financial Policy Diffusion
Democracy in Brazil and the Southern Cone
Economic Policy Reform in Four Central American Countries
Communal Forest Management
Latin America's path from backwardness to development
Policy-Induced Disincentives to Financial Sector Development
The Political Economy of Recent Conversions to Market Economics in Latin America
Sources of state discipline
| Unique citing works | 28 |
|---|---|
| Citations per year | 0,8 |
| Citation span | 1991 - 2023 (33) |
| Citation velocity | historical |
| Highly cited | No |
| Citation types | Neutral: 22 |