Five Centuries Of Latin American Inequality

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Open Veins of Latin America

Author : Eduardo Galeano
Publisher : NYU Press
ISBN 13 : 0853459916
Total Pages : 333 pages
Book Rating : 4.8/5 (534 download)

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Book Synopsis Open Veins of Latin America by : Eduardo Galeano

Download or read book Open Veins of Latin America written by Eduardo Galeano and published by NYU Press. This book was released on 1997-01-01 with total page 333 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since its U.S. debut a quarter-century ago, this brilliant text has set a new standard for historical scholarship of Latin America. It is also an outstanding political economy, a social and cultural narrative of the highest quality, and perhaps the finest description of primitive capital accumulation since Marx. Rather than chronology, geography, or political successions, Eduardo Galeano has organized the various facets of Latin American history according to the patterns of five centuries of exploitation. Thus he is concerned with gold and silver, cacao and cotton, rubber and coffee, fruit, hides and wool, petroleum, iron, nickel, manganese, copper, aluminum ore, nitrates, and tin. These are the veins which he traces through the body of the entire continent, up to the Rio Grande and throughout the Caribbean, and all the way to their open ends where they empty into the coffers of wealth in the United States and Europe. Weaving fact and imagery into a rich tapestry, Galeano fuses scientific analysis with the passions of a plundered and suffering people. An immense gathering of materials is framed with a vigorous style that never falters in its command of themes. All readers interested in great historical, economic, political, and social writing will find a singular analytical achievement, and an overwhelming narrative that makes history speak, unforgettably. This classic is now further honored by Isabel Allende's inspiring introduction. Universally recognized as one of the most important writers of our time, Allende once again contributes her talents to literature, to political principles, and to enlightenment.

Has Latin America Always Been Unequal?

Author : Ewout Frankema
Publisher : BRILL
ISBN 13 : 9047429354
Total Pages : 312 pages
Book Rating : 4.0/5 (474 download)

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Book Synopsis Has Latin America Always Been Unequal? by : Ewout Frankema

Download or read book Has Latin America Always Been Unequal? written by Ewout Frankema and published by BRILL. This book was released on 2009-06-02 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: The forces of industrialisation, urbanisation, globalisation and technological change have washed away the pre-modern outlook of most Latin American economies. Despite the improved opportunities of social mobility offered by economic modernisation, current income inequality levels (still) appear extraordinary high. Has Latin America always been unequal? Did the region fail to settle a longstanding account with its colonial past? Or should we be reluctant to point our finger so far back in time? In a comparative study of asset and income distribution Frankema shows that both the levels, and nature, of income inequality have changed significantly since 1870. Besides the deep historical roots of land and educational inequality, more recent demographic and political-institutional forces are taken on board to understand Latin America’s distributive dynamics in the long twentieth century.

Liberty for Latin America

Author : Alvaro Vargas Llosa
Publisher : Farrar, Straus and Giroux
ISBN 13 : 1466893737
Total Pages : 337 pages
Book Rating : 4.4/5 (668 download)

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Book Synopsis Liberty for Latin America by : Alvaro Vargas Llosa

Download or read book Liberty for Latin America written by Alvaro Vargas Llosa and published by Farrar, Straus and Giroux. This book was released on 2015-05-12 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin America's Foremost Political Journalist Makes a Brilliant and Passionate Argument for Real Reform In the Economically Crippled Continent In Liberty for Latin America, Alvaro Vargas Llosa offers an incisive diagnosis of Latin America's woes--and a prescription for finally getting the region on the road to both genuine prosperity and the protection of human rights. When the economy in Argentina--at one time a model of free-market reform--collapsed in 2002, experts of all persuasions asked: What went wrong? Vargas Llosa shows that what went wrong in Argentina has in fact gone wrong all over the continent for over five hundred years. He explains how the republics of the nineteenth century and the revolutions of the twentieth-populist uprisings, Marxist coops, state takeovers, and First World-sponsored privatization-have all run up against the oligarchic legacy of statism. Illiberal elites backed by the United States and Europe have perpetuated what he calls the "five principles of oppression" in order to maintain their hold on power. The region has become "a laboratory for political and economic suicide," while comparable countries in Asia and Eastern Europe have prospered. The only way to change things in Latin America, Vargas Llosa argues, is to remove the five principles of oppression, genuinely reforming institutions and the underlying culture for the benefit of the disempowered public. In Liberty for Latin America, he explains how, offering hope as well as insight for all those who care for the future of this troubled region.

Democracy and the Left

Author : Evelyne Huber
Publisher : University of Chicago Press
ISBN 13 : 0226356558
Total Pages : 363 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Democracy and the Left by : Evelyne Huber

Download or read book Democracy and the Left written by Evelyne Huber and published by University of Chicago Press. This book was released on 2012-09-01 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: Although inequality in Latin America ranks among the worst in the world, it has notably declined over the last decade, offset by improvements in health care and education, enhanced programs for social assistance, and increases in the minimum wage. In Democracy and the Left, Evelyne Huber and John D. Stephens argue that the resurgence of democracy in Latin America is key to this change. In addition to directly affecting public policy, democratic institutions enable left-leaning political parties to emerge, significantly influencing the allocation of social spending on poverty and inequality. But while democracy is an important determinant of redistributive change, it is by no means the only factor. Drawing on a wealth of data, Huber and Stephens present quantitative analyses of eighteen countries and comparative historical analyses of the five most advanced social policy regimes in Latin America, showing how international power structures have influenced the direction of their social policy. They augment these analyses by comparing them to the development of social policy in democratic Portugal and Spain. The most ambitious examination of the development of social policy in Latin America to date, Democracy and the Left shows that inequality is far from intractable—a finding with crucial policy implications worldwide.

Commodity Cycles, Inequality, and Poverty in Latin America

Author : Mr. Ravi Balakrishnan
Publisher : International Monetary Fund
ISBN 13 : 1484326091
Total Pages : 123 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Commodity Cycles, Inequality, and Poverty in Latin America by : Mr. Ravi Balakrishnan

Download or read book Commodity Cycles, Inequality, and Poverty in Latin America written by Mr. Ravi Balakrishnan and published by International Monetary Fund. This book was released on 2021-04-26 with total page 123 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past decades, inequality has risen not just in advanced economies but also in many emerging market and developing economies, becoming one of the key global policy challenges. And throughout the 20th century, Latin America was associated with some of the world’s highest levels of inequality. Yet something interesting happened in the first decade and a half of the 21st century. Latin America was the only region in the World to have experienced significant declines in inequality in that period. Poverty also fell in Latin America, although this was replicated in other regions, and Latin America started from a relatively low base. Starting around 2014, however, and even before the COVID-19 pandemic hit, poverty and inequality gains had already slowed in Latin America and, in some cases, gone into reverse. And the COVID-19 shock, which is still playing out, is likely to dramatically worsen short-term poverty and inequality dynamics. Against this background, this departmental paper investigates the link between commodity prices, and poverty and inequality developments in Latin America.

American Inequality

Author : Jeffrey G. Williamson
Publisher : New York ; Toronto : Academic Press
ISBN 13 :
Total Pages : 392 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis American Inequality by : Jeffrey G. Williamson

Download or read book American Inequality written by Jeffrey G. Williamson and published by New York ; Toronto : Academic Press. This book was released on 1980 with total page 392 pages. Available in PDF, EPUB and Kindle. Book excerpt: Monograph presenting a macroeconomic analysis of the relationship of economic development to wealth and income distribution inequality trends in the USA from the historical 1770s to the 1970s - rejects the notion that inequality was a necessary precondition of economic growth, and argues that complex interactions among such variables as technological change, labour supply and capital formation were sources of economic disparity. Bibliography pp. 335 to 349 and graphs.

A Moment of Equality for Latin America?

Author : Prof Dr Barbara Fritz
Publisher : Ashgate Publishing, Ltd.
ISBN 13 : 1472446720
Total Pages : 285 pages
Book Rating : 4.4/5 (724 download)

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Book Synopsis A Moment of Equality for Latin America? by : Prof Dr Barbara Fritz

Download or read book A Moment of Equality for Latin America? written by Prof Dr Barbara Fritz and published by Ashgate Publishing, Ltd.. This book was released on 2015-10-28 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: Focusing on the limits and challenges of redistributive policies in Latin America, this volume synthesizes and updates the discussion of inequality in the region, introducing the perspective of global and transnational interdependencies. The book explores the extent to which redistributive policies have been interlinked with the provision and quality of public goods as well as with structural changes of the productive sector. Inspired by structuralist and neostructuralist thinking of Latin American economists, authors question the redistributive impact of the interplay of recent macroeconomic, fiscal and social policies, particularly under left and center-left administrations committed to greater equality.

Silver, Sword, and Stone

Author : Marie Arana
Publisher : Simon & Schuster
ISBN 13 : 1501105019
Total Pages : 496 pages
Book Rating : 4.5/5 (11 download)

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Book Synopsis Silver, Sword, and Stone by : Marie Arana

Download or read book Silver, Sword, and Stone written by Marie Arana and published by Simon & Schuster. This book was released on 2020-08-18 with total page 496 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner, American Library Association Booklist’s Top of the List, 2019 Adult Nonfiction Acclaimed writer Marie Arana delivers a cultural history of Latin America and the three driving forces that have shaped the character of the region: exploitation (silver), violence (sword), and religion (stone). “Meticulously researched, [this] book’s greatest strengths are the power of its epic narrative, the beauty of its prose, and its rich portrayals of character…Marvelous” (The Washington Post). Leonor Gonzales lives in a tiny community perched 18,000 feet above sea level in the Andean cordillera of Peru, the highest human habitation on earth. Like her late husband, she works the gold mines much as the Indians were forced to do at the time of the Spanish Conquest. Illiteracy, malnutrition, and disease reign as they did five hundred years ago. And now, just as then, a miner’s survival depends on a vast global market whose fluctuations are controlled in faraway places. Carlos Buergos is a Cuban who fought in the civil war in Angola and now lives in a quiet community outside New Orleans. He was among hundreds of criminals Cuba expelled to the US in 1980. His story echoes the violence that has coursed through the Americas since before Columbus to the crushing savagery of the Spanish Conquest, and from 19th- and 20th-century wars and revolutions to the military crackdowns that convulse Latin America to this day. Xavier Albó is a Jesuit priest from Barcelona who emigrated to Bolivia, where he works among the indigenous people. He considers himself an Indian in head and heart and, for this, is well known in his adopted country. Although his aim is to learn rather than proselytize, he is an inheritor of a checkered past, where priests marched alongside conquistadors, converting the natives to Christianity, often forcibly, in the effort to win the New World. Ever since, the Catholic Church has played a central role in the political life of Latin America—sometimes for good, sometimes not. In this “timely and excellent volume” (NPR) Marie Arana seamlessly weaves these stories with the history of the past millennium to explain three enduring themes that have defined Latin America since pre-Columbian times: the foreign greed for its mineral riches, an ingrained propensity to violence, and the abiding power of religion. Silver, Sword, and Stone combines “learned historical analysis with in-depth reporting and political commentary...[and] an informed and authoritative voice, one that deserves a wide audience” (The New York Times Book Review).

Has Latin American Inequality Changed Direction?

Author : Luis Bértola
Publisher : Springer
ISBN 13 : 3319446215
Total Pages : 419 pages
Book Rating : 4.3/5 (194 download)

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Book Synopsis Has Latin American Inequality Changed Direction? by : Luis Bértola

Download or read book Has Latin American Inequality Changed Direction? written by Luis Bértola and published by Springer. This book was released on 2017-01-25 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is open access under a CC BY 4.0 license. This book brings together a range of ideas and theories to arrive at a deeper understanding of inequality in Latin America and its complex realities. To so, it addresses questions such as: What are the origins of inequality in Latin America? How can we create societies that are more equal in terms of income distribution, gender equality and opportunities? How can we remedy the social divide that is making Latin America one of the most unequal regions on earth? What are the roles played by market forces, institutions and ideology in terms of inequality? In this book, a group of global experts gathered by the Institute for the Integration of Latin America and the Caribbean (INTAL), part of the Inter-American Development Bank (IDB), show readers how various types of inequality, such as economical, educational, racial and gender inequality have been practiced in countries like Brazil, Bolivia, Chile, Mexico and many others through the centuries. Presenting new ideas, new evidence, and new methods, the book subsequently analyzes how to move forward with second-generation reforms that lay the foundations for more egalitarian societies. As such, it offers a valuable and insightful guide for development economists, historians and Latin American specialists alike, as well as students, educators, policymakers and all citizens with an interest in development, inequality and the Latin American region.

A Monetary and Fiscal History of Latin America, 1960–2017

Author : Timothy J. Kehoe
Publisher : U of Minnesota Press
ISBN 13 : 1452965846
Total Pages : 643 pages
Book Rating : 4.4/5 (529 download)

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Book Synopsis A Monetary and Fiscal History of Latin America, 1960–2017 by : Timothy J. Kehoe

Download or read book A Monetary and Fiscal History of Latin America, 1960–2017 written by Timothy J. Kehoe and published by U of Minnesota Press. This book was released on 2022-01-11 with total page 643 pages. Available in PDF, EPUB and Kindle. Book excerpt: A major, new, and comprehensive look at six decades of macroeconomic policies across the region What went wrong with the economic development of Latin America over the past half-century? Along with periods of poor economic performance, the region’s countries have been plagued by a wide variety of economic crises. This major new work brings together dozens of leading economists to explore the economic performance of the ten largest countries in South America and of Mexico. Together they advance the fundamental hypothesis that, despite different manifestations, these crises all have been the result of poorly designed or poorly implemented fiscal and monetary policies. Each country is treated in its own section of the book, with a lead chapter presenting a comprehensive database of the country’s fiscal, monetary, and economic data from 1960 to 2017. The chapters are drawn from one-day academic conferences—hosted in all but one case, in the focus country—with participants including noted economists and former leading policy makers. Cowritten with Nobel Prize winner Thomas J. Sargent, the editors’ introduction provides a conceptual framework for analyzing fiscal and monetary policy in countries around the world, particularly those less developed. A final chapter draws conclusions and suggests directions for further research. A vital resource for advanced undergraduate and graduate students of economics and for economic researchers and policy makers, A Monetary and Fiscal History of Latin America, 1960–2017 goes further than any book in stressing both the singularities and the similarities of the economic histories of Latin America’s largest countries. Contributors: Mark Aguiar, Princeton U; Fernando Alvarez, U of Chicago; Manuel Amador, U of Minnesota; Joao Ayres, Inter-American Development Bank; Saki Bigio, UCLA; Luigi Bocola, Stanford U; Francisco J. Buera, Washington U, St. Louis; Guillermo Calvo, Columbia U; Rodrigo Caputo, U of Santiago; Roberto Chang, Rutgers U; Carlos Javier Charotti, Central Bank of Paraguay; Simón Cueva, TNK Economics; Julián P. Díaz, Loyola U Chicago; Sebastian Edwards, UCLA; Carlos Esquivel, Rutgers U; Eduardo Fernández Arias, Peking U; Carlos Fernández Valdovinos (former Central Bank of Paraguay); Arturo José Galindo, Banco de la República, Colombia; Márcio Garcia, PUC-Rio; Felipe González Soley, U of Southampton; Diogo Guillen, PUC-Rio; Lars Peter Hansen, U of Chicago; Patrick Kehoe, Stanford U; Carlos Gustavo Machicado Salas, Bolivian Catholic U; Joaquín Marandino, U Torcuato Di Tella; Alberto Martin, U Pompeu Fabra; Cesar Martinelli, George Mason U; Felipe Meza, Instituto Tecnológico Autónomo de México; Pablo Andrés Neumeyer, U Torcuato Di Tella; Gabriel Oddone, U de la República; Daniel Osorio, Banco de la República; José Peres Cajías, U of Barcelona; David Perez-Reyna, U de los Andes; Fabrizio Perri, Minneapolis Fed; Andrew Powell, Inter-American Development Bank; Diego Restuccia, U of Toronto; Diego Saravia, U de los Andes; Thomas J. Sargent, New York U; José A. Scheinkman, Columbia U; Teresa Ter-Minassian (formerly IMF); Marco Vega, Pontificia U Católica del Perú; Carlos Végh, Johns Hopkins U; François R. Velde, Chicago Fed; Alejandro Werner, IMF.

Forgotten Continent: The Battle for Latin America's Soul

Author : Michael Reid
Publisher : Yale University Press
ISBN 13 : 0300145268
Total Pages : 363 pages
Book Rating : 4.3/5 (1 download)

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Book Synopsis Forgotten Continent: The Battle for Latin America's Soul by : Michael Reid

Download or read book Forgotten Continent: The Battle for Latin America's Soul written by Michael Reid and published by Yale University Press. This book was released on 2010-08-18 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: The bestselling primer on the social, political, and economic challenges facing Central and South America by The Economist editor and author of Brazil. Latin America has often been condemned to failure. Neither poor enough to evoke Africa’s moral crusade, nor as explosively booming as India and China, it has largely been overlooked by the West. Yet this vast continent, home to half a billion people, the world’s largest reserves of arable land, and 8.5 percent of global oil, is busily transforming its political and economic landscape. This book argues that rather than failing the test, Latin America’s efforts to build fairer and more prosperous societies make it one of the world’s most vigorous laboratories for capitalist democracy. In many countries—including Brazil, Chile and Mexico—democratic leaders are laying the foundations for faster economic growth and more inclusive politics, as well as tackling deep-rooted problems of poverty, inequality, and social injustice. They face a new challenge from Hugo Chávez’s oil-fueled populism, and much is at stake. Failure will increase the flow of drugs and illegal immigrants to the United States and Europe, jeopardize stability in a region rich in oil and other strategic commodities, and threaten some of the world’s most majestic natural environments. Drawing on Michael Reid’s many years of reporting from inside Latin America’s cities, presidential palaces, and shantytowns, the book provides a vivid, immediate, and informed account of a dynamic continent and its struggle to compete in a globalized world. “No one who seriously aspires to discuss Latin American politics, economics, and culture should go without reading Forgotten Continent.”—National Interest

Inequality in Latin America[

Author :
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 41 pages
Book Rating : 4./5 ( download)

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Book Synopsis Inequality in Latin America[ by :

Download or read book Inequality in Latin America[ written by and published by World Bank Publications. This book was released on 2004 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Sustaining Civil Society

Author : Philip Oxhorn
Publisher : Penn State Press
ISBN 13 : 0271048948
Total Pages : 296 pages
Book Rating : 4.2/5 (71 download)

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Book Synopsis Sustaining Civil Society by : Philip Oxhorn

Download or read book Sustaining Civil Society written by Philip Oxhorn and published by Penn State Press. This book was released on 2011 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Devoting particular emphasis to Bolivia, Chile, and Mexico, proposes a theory of civil society to explain the economic and political challenges for continuing democratization in Latin America"--Provided by publisher.

The Great Gap

Author : Merike Blofield
Publisher : Penn State Press
ISBN 13 : 0271050098
Total Pages : 418 pages
Book Rating : 4.2/5 (71 download)

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Book Synopsis The Great Gap by : Merike Blofield

Download or read book The Great Gap written by Merike Blofield and published by Penn State Press. This book was released on 2011 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A collection of essays addressing the relationship between inequality and politics in Latin America. Examines the socioeconomic context and inequality of opportunities; elite culture, public opinion, and media framing; capital mobility, campaign financing, representation and gender equality policies; and taxation and social policies"--Provided by publisher.

Central America's Forgotten History

Author : Aviva Chomsky
Publisher : Beacon Press
ISBN 13 : 0807056480
Total Pages : 306 pages
Book Rating : 4.8/5 (7 download)

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Book Synopsis Central America's Forgotten History by : Aviva Chomsky

Download or read book Central America's Forgotten History written by Aviva Chomsky and published by Beacon Press. This book was released on 2021-04-20 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Restores the region’s fraught history of repression and resistance to popular consciousness and connects the United States’ interventions and influence to the influx of refugees seeking asylum today. At the center of the current immigration debate are migrants from Central America fleeing poverty, corruption, and violence in search of refuge in the United States. In Central America’s Forgotten History, Aviva Chomsky answers the urgent question “How did we get here?” Centering the centuries-long intertwined histories of US expansion and Indigenous and Central American struggles against inequality and oppression, Chomsky highlights the pernicious cycle of colonial and neocolonial development policies that promote cultures of violence and forgetting without any accountability or restorative reparations. Focusing on the valiant struggles for social and economic justice in Guatemala, Nicaragua, El Salvador, and Honduras, Chomsky restores these vivid and gripping events to popular consciousness. Tracing the roots of displacement and migration in Central America to the Spanish conquest and bringing us to the present day, she concludes that the more immediate roots of migration from El Salvador, Guatemala, and Honduras lie in the wars and in the US interventions of the 1980s and the peace accords of the 1990s that set the stage for neoliberalism in Central America. Chomsky also examines how and why histories and memories are suppressed, and the impact of losing historical memory. Only by erasing history can we claim that Central American countries created their own poverty and violence, while the United States’ enjoyment and profit from their bananas, coffee, mining, clothing, and export of arms are simply unrelated curiosities.

State and Nation Making in Latin America and Spain: Volume 1

Author : Miguel A. Centeno
Publisher : Cambridge University Press
ISBN 13 : 1107311306
Total Pages : 485 pages
Book Rating : 4.1/5 (73 download)

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Book Synopsis State and Nation Making in Latin America and Spain: Volume 1 by : Miguel A. Centeno

Download or read book State and Nation Making in Latin America and Spain: Volume 1 written by Miguel A. Centeno and published by Cambridge University Press. This book was released on 2013-03-29 with total page 485 pages. Available in PDF, EPUB and Kindle. Book excerpt: The growth of institutional capacity in the developing world has become a central theme in twenty-first-century social science. Many studies have shown that public institutions are an important determinant of long-run rates of economic growth. This book argues that to understand the difficulties and pitfalls of state building in the contemporary world, it is necessary to analyze previous efforts to create institutional capacity in conflictive contexts. It provides a comprehensive analysis of the process of state and nation building in Latin America and Spain from independence to the 1930s. The book examines how Latin American countries and Spain tried to build modern and efficient state institutions for more than a century - without much success. The Spanish and Latin American experience of the nineteenth century was arguably the first regional stage on which the organizational and political dilemmas that still haunt states were faced. This book provides an unprecedented perspective on the development and contemporary outcome of those state and nation-building projects.

The Oxford Handbook of Latin American Economics

Author : José Antonio Ocampo
Publisher : Oxford Handbooks
ISBN 13 : 9780198716136
Total Pages : 0 pages
Book Rating : 4.7/5 (161 download)

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Book Synopsis The Oxford Handbook of Latin American Economics by : José Antonio Ocampo

Download or read book The Oxford Handbook of Latin American Economics written by José Antonio Ocampo and published by Oxford Handbooks. This book was released on 2014-08-11 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin America has been central to the main debates on development economics, ranging from the relationships between income inequality and economic growth, and the importance of geography versus institutions in development, to debates on the effects of trade, trade openness and protection on growth and income distribution. Despite increasing interest in the region there are few English language books on Latin American economics. This Handbook, organized into five parts, aims to fill this significant gap. Part I looks at long-term issues, including the institutional roots of Latin America's underdevelopment, the political economy of policy making, the rise, decline and re-emergence of alternative paradigms, and the environmental sustainability of the development pattern. Part II considers macroeconomic topics, including the management of capital account booms and busts, the evolution and performance of exchange rate regimes, the advances and challenges of monetary policies and financial development, and the major fiscal policy issues confronting the region, including a comparison of Latin American fiscal accounts with those of the OECD. Part III analyzes the region's economies in global context, particularly the role of Latin America in the world trade system and the effects of dependence on natural resources (characteristic of many countries of the region) on growth and human development. It reviews the trends of foreign direct investment, the opportunities and challenges raised by the emergence of China as buyer of the region's commodities and competitor in the world market, and the transformation of the Latin America from a region of immigration to one of massive emigration. Part IV deals with matters of productive development. At the aggregate level it analyzes issues of technological catching up and divergence as well as different perspectives on the poor productivity and growth performance of the region during recent decades. At the sectoral level, it looks at agricultural policies and performance, the problems and prospects of the energy sector, and the effects on growth of lagging infrastructure development. Part V looks at the social dimensions of development; it analyzes the evolution of income inequality, poverty, and economic insecurity in the region, the evolution of labor markets and the performance of the educational sector, as well as the evolution of social assistance programs and social security reforms in the region. The contributors are leading researchers that belong to different schools of economic thought and most come from countries throughout Latin America, representing a range of views and recognising the diversity of the region. This Handbook is a significant contribution to the field, and will be of interest to academics, graduate students and policy makers interested in economics, political economy, and public policy in Latin America and other developing economies.