After the Washington Consensus
Restarting Growth and Reform in Latin America
PUBLISHER: Peterson Institute for International Economics
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This volume is a successor of sorts to the Institute's 1986 volume Toward Renewed Economic Growth in Latin America, which blazed the trail for the market-oriented economic reforms that were adopted in Latin America in the subsequent years. It again presents the work of a group of leading Latin American economists who were asked to think about the nature of the economic policy agenda that the region should be pursuing after a decade that was punctuated by crises, achieved disappointingly slow growth, and saw no improvement in the region's highly skewed income distribution. The study diagnoses the first-generation (liberalizing and stabilizing) reforms that are still lacking, the complementary second-generation (institutional) reforms that are necessary to provide the institutional infrastructure of a market economy with an egalitarian bias, and the new initiatives that are needed to crisis-proof the economies of the region to end its perpetual series of crises.
Contributors: Daniel Artana, Nancy Birdsall, Roberto Bouzas, Sa#65533;l Keifman, Pedro-Pablo Kuczynski, Ricardo L#65533;pez Murphy, Claudio de Moura Castro, Fernando Navajas, Patricio Navia, Liliana Rojas-Suarez, Jaime Saavedra, Miguel Sz#65533;kely, Andr#65533;s Velasco, John Williamson, and Laurence Wolff.
PUBLICATION DATE: 3/1/2003
CATEGORY: Business & Economics, Political Science