Description: In the 1990s, several Latin American economies have shown signs of recovery from the debt crisis. Growth is most evident in countries that have adopted market friendly policies, including trade liberalization, balanced budgets & monetary restraints. Latin Americas Economic Future identifies the key steps in these policy reforms & looks at the factors that may cause recovery to prove unsustainable. Drawing on a diverse range of contributions from scholarswith a detailed knowledge of Latin America, this book is a well-informed & balanced assessment of the future course of Latin American economies, as well as a clear indication of the issues on which development is most vulnerable. It examines how thesepolicies have been implemented, & how effective they have been in practice. It also questions whether recovery is threatened by distributional conflicts, institutional failures, & dependence on unsustainable capital flows. It looks at whether growth can be extended to countries that continue to stagnate

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