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Volume Two treats the 'long twentieth century' from the onset of modern economic growth to the present. It analyzes the principal dimensions of Latin America's first era of sustained economic growth from the last decades of the nineteenth century to 1930. It explores the era of inward-looking development from the 1930s to the collapse of import-substituting industrialization and the return to strategies of globalization in the 1980s. Finally, it looks at the long term trends in capital flows, agriculture and the environment.
Since the 1980s, Mexico has alternately served as a model of structural economic reform and as a cautionary example of the limitations associated with market-led development. This book provides a comprehensive, interdisciplinary assessment of the principal economic and social policies adopted by Mexico during the 1980s and 1990s.
Examines the nature of the economic policy agenda that the region should be pursuing after the better part of a decade that was punctuated by crises, achieved disappointingly slow growth, and saw no improvement in the region's highly skewed income distribution. 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.
This book is a must read for anyone interested in policy reforms in Latin America. The author combines tremendous experience in the field and deep knowledge of economic theory: a rare combination. Alberto Alesina, Harvard University, US One of the key contributions of this book is its insistence on the importance of policy, institutional and political accountability for evaluating and enhancing macroeconomic performance and for reducing inequality. John B. Taylor, Stanford University and Hoover Institution, US Dr Wiesner combines a command of modern political and economic theories and detailed knowledge of Latin America to clarify why reform of policies and institutions has proved so difficu...
Early childhood development outcomes play an important role throughout a person's life, affecting one's income-earning capacity and productivity, longevity, health, and cognitive ability. The deleterious effects of poor early childhood development outcomes can be long-lasting, affecting school attainment, employment, wages, criminality, and social integration of adults. The authors first take stock of early childhood development indicators in the region and explore access to early childhood development services for children of different backgrounds. They review recent evidence on the impact of early childhood development interventions in the region and investigate more deeply a selection of programs in Latin America and the Caribbean to distill lessons related to their design, implementation and institutionalization processes. The book concludes with a discussion of the challenges of scaling up and presents policy options to develop national early childhood development policies and programs that may be effective and sustained over time.
The spread of democracy across the Global South has taken many different forms, but certain features are consistent: implementing a system of elections and an overarching mission of serving the will and well-being of a country's citizens. But how do we hold politicians accountable for such a mission? How are we to understand the efficacy of the policies they put forth? In Indicators of Democracy Diana Graizbord exposes the complex, often-hidden world of the institutions that are meant to ensure democratic accountability and transparency. Taking the case of Mexico's National Council for the Evaluation of Social Development Policy (CONEVAL), Graizbord provides a deep theory of what happens when democratic aspirations intersect with technocratic ambitions. Analyzing what it takes to establish and sustain monitoring and evaluation as a form of official state expertise, Graizbord is able to put forward the contours of technodemocracy—a democratic political project that hinges on the power of experts to shape politics in unexpected but profound ways.
Scholars, Policymakers, and International Affairs shows how to build mutually beneficial connections between the worlds of ideas and action, analysis and policy. Drawing on contributions from top international scholars with policy experience as well as senior policymakers, Abraham F. Lowenthal and Mariano E. Bertucci make the case that scholars can both strengthen their research and contribute to improved policies while protecting academia from the risks of active participation in the policy process. Many scholars believe that policymakers are more interested in processes and outcomes than in understanding causality. Many policymakers believe that scholars are absorbed in abstract and self-r...
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A Brookings Institution Press and Inter-American Development Bank publication The poor in developing countries are particularly vulnerable to adverse shocks. They have little or no access to public social insurance, are unlikely to save in adequate amounts to rely fully on self-insurance or informal insurance, face restricted access to private market insurance or credit mechanisms, and have little or no political voice to demand the protection of safety net programs. In this book, the authors analyze the best ways to help the poor manage risks such as health shocks, unemployment, sudden drops in income, and old age. Unemployment benefits, employment programs, means-tested social assistance, social investment funds, and micro-finance for consumption-smoothing purposes are the leading options considered. The book provides a careful assessment of issues that governments need to address in the process of designing appropriate safety nets.