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Developmental Macroeconomics
Developmental Macroeconomics: Access to Demand, the Exchange Rate and Growth offers a new approach to development economics and macroeconomics. It is a Keynesian-structuralist approach to economics applied to middle income countries that emphasizes the strategic role of demand in creating investment opportunities that are essential to economic development. It also explores crucial links between short-term full employment and financial stability with medium term growth. While this book emphasizes the central role played by the exchange rate it does not ignore other macroeconomic prices (the interest rate, the inflation rate and the profit rate). It develops a group of concepts and models and ...
Contribution To The Critique Of The Concept Of Underdevelopment Of ECLAC
Of Panamanian nationality, Dr. José E. Torres Ábrego, is a master's degree in Economics on Universidad de la Amistad de los Pueblos (Patricio Lumumba) from Moscow, a doctoral candidate for specialty in Theory of Development and History of Economics of University of Paris, and doctor in Political Sciences of Universidad Nacional Autónoma de México (U.N.A.M). Among other charges employed in Mexico, he has been professor of the Faculty of Economy of the U.N.A.M. and the Division of Higher Studies of the Faculty of Political Sciences. Since 1983 he is a full professor at the Faculty of Economics of the Universidad de Panama where he teaches the subjects national economic problems, Economic p...
The Limits of Stabilization
Over the 1980s and 1990s, most Latin American countries witnessed a retrenchment of the public sector away from infrastructure provision and an opening up of infrastructure activities to the private sector. This book analyzes the consequences of these policy changes from two perspectives. First, it reviews in a comparative framework the major trends in infrastructure provision in Latin America over the last two decades. Second, it evaluates the implication of these trends for economic growth and public deficits in the region. The book shows that in most countries private participation did not fully offset the public sector retreat. The result was a slowdown in infrastructure accumulation, which entailed a significant growth cost and weakened the intended impact of the infrastructure spending cuts on public sector insolvency.
A History of Economic Thought in France
Traditionally, there has been a long and sustained interest in studying the history of economic ideas in France. Interest appeared to wane after World War II, but in recent decades, there has been a marked renaissance of interest and research in the contributions of French-speaking authors. Drawing on the flow of recent research, this book presents a new assessment of the history of political economy in France incorporating both novel presentations of some traditional subjects and topics that are not usually studied. This first volume deals with the history of political economy in France in the Age of Enlightenment. After presenting a kind of “review of the troops” and some main developm...
Latin American Unification
This book investigates efforts to promote the political and economic unification of Latin America. Every generation in the region has known some effort toward these goals. There were four major stages. The first endeavors were undertaken by diplomats, the second by idealists, the third by technocrats and the fourth stage is now dominated by pro-unification political leaders. Efforts toward integration promote the economies and political stability of these countries--Latin Americans were among the first of the old "third world" people to advance such programs. The political unification of Latin America has been stymied by the political class but this trend is currently being reversed with the Common Market of the South (MERCOSUR). The recent accession of Venezuela after a grueling political-ideological struggle (examined in the book) has spurred other countries to seek full membership in the group. It is now the third largest trade bloc in the world and is continuing to grow. Instructors considering this book for use in a course may request an examination copy here.
International Equilibrium and Bretton Woods
International Equilibrium and Bretton Woods brings together the papers presented at a special conference of the Organisation for Economic Co-operation and Development commemorating the 75th anniversary of the Bretton Woods Conference. The papers, from a number of distinguished speakers, assess the background and the results of the Bretton Woods agreements. The discussion is focused around the critical assessment of the Keynes and White Plans by Michal Kalecki, and the consequences of this for present-day international economics and international monetary and financial policy. But this volume is unique in bringing together the critical assessments that were made at the time, by Kalecki, Fritz Schumacher, Thomas Balogh, and Raul Prebisch, that are virtually unknown today, together with critical assessments of the work of the Bretton Woods Institutions since that time.
Unity and Diversity in Development Ideas
This second volume from the United Nations Intellectual History Project surveys the history of the UN's regional commissions and the ideas they have developed over the last 40 years. Each essay is devoted to one of the five regional commissions—Europe, Asia and the Far East, Latin America, Africa, and Western Asia—and how it has approached its mission of assessing the condition of regional economies and making prognoses about future conditions. The essays describe how each commission has added local perspectives to global debates over economic development and brought an authentic regional voice to the UN. Contributors are Adebayo Adedeji, Yves Berthelot, Leelananda de Silva, Blandine Destremau, Paul Rayment, and Gert Rosenthal.
China's New Role in Africa and the South
China's global expansion is much talked about, but usually from the viewpoint of the West. This unique collection of essays provides diverse views on the challenges faced by Africa, Latin America and Asia as a result of China's rise as a global power.
Beyond Reforms
'Beyond Reforms' argues that economic growth in developing countries is intrinsically tied to the dynamics of production structures, to the specific policies and institutions created to support it, and the creation of linkages among domestic firms and sectors. Avoiding macroeconomic instability is also essential. However, macroeconomic stability is not a sufficient condition for growth. The broader institutional context and the adequate provision of education and infrastructure are essential 'framework conditions,' but generally do not play a direct role in bringing about changes in the momentum of economic growth.
The Brazilian Left in the 21st Century
This book aims to reconstruct the role played by left movements and organizations in Brazil from their process of renewal in the 1980s as they fought against the civil-military dictatorship, going through the Workers' Party's governments in the 2000s, until the Party’s dramatic defeat with a parliamentary coup in 2016. Henceforth, there have been attacks on social and political rights that severely affect the lower classes and reverted progressive policies on various issues. Through a historical reconstruction, this book analyzes how different left movements and organizations contributed to the democratization of Brazilian society, and how their contradictions contributed to the actual conservative turn. The essays also focus the development of Brazilian Left in the light of socialist politics and especially Marxism, both in terms of political organizations and theory. In this sense, the essays in this collection represent an effort to rethink some aspects of the history of the Brazilian left and how it can reorganize itself after the conservative turn.
