Left Behind: Latin America and the False Promise of Populism. Sebastian Edwards

Left Behind: Latin America and the False Promise of Populism



Download Left Behind: Latin America and the False Promise of Populism



Left Behind: Latin America and the False Promise of Populism Sebastian Edwards ebook pdf
Publisher:
Language: English
Page: 296
ISBN: 0226184781, 9780226184784

From Publishers Weekly

To distill the economic history of a region encompassing twenty countries in just under three hundred pages is a daunting task. And in taking it on, the professor of International Business Economics of the University of California, Los Angeles ends up generalizing much of these countries' experiences. Though he does go into detail on Chile ("Latin America's Brightest Star"), Mexico, and Argentina, the people of Latin America seem to get left behind. In lieu of a discussion of the economic perils that have affected the population, there's a barrage of facts and figures. Despite the dry writing, there's knowledge to be gleaned from Edwards' research. He takes us from the foundations of the colonial era through the market-oriented reforms of the nineties and speaks with a glimmer of hope about the future of the Latin American economy. Throughout, Edwards stresses the importance of innovation and competition to economic success and blames political corruption, both in Latin America and elsewhere, for its failure. This isn't a tome to take to the playa, but it could prove useful as a reference in the classroom.
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

Review

“Sebastian Edwards''s book is a must read for anyone interested in the economy of Latin America--past, present and future. No one knows Latin America better than Professor Edwards. And the experience of Latin America offers lessons for every developing country about what to do and what to avoid."—Martin Feldstein

(Martin Feldstein )

"This is probably the most important book on Latin America of the decade; a masterly and highly readable assessment of the false starts and political failures—and the occasional successes—that have subverted the promise and potential of a continent. One of the outstanding economists of his generation, Sebastian Edwards explains the success of Chile and the disasters of populism in Venezuela and Argentina, while giving the best analysis available anywhere of Brazil''s recent surge and its more cloudy prospects. And it is rare as it is refreshing to find a leading Latin American scholar acknowledging that his peoples'' problem lies neither in the stars nor in Washington but in themselves."—Martin Walker, senior director, Global Business Policy Council

(Martin Walker )

"Latin America is always promise, never quite performance. In his ruthlessly intelligent analysis, Sebastian Edwards cuts through the myths and obfuscations that have shielded Latin America from the basic political truths that underlie all economic growth. It is not Yanqui imperialism or global capitalism that holds back the Southern Hemisphere. To vary Bill Clinton: ''It''s the politics, stupid'' Sustained growth requires the rule of law, property rights, a much smaller, but much more efficient state, an independent judiciary, a competitive market with easy access for new entrants—strong institutions, in short. This book is ''political economy'' at its very best—in the tradition of Smith, Ricardo, and Schumpeter."—Josef Joffe, Stanford University

(Josef Joffe )



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