Economic growth or redistribution?

Economic and development policies in Latin America, as in all other developing countries, are supposed to tackle the problem how to increase total income and, at the same time, how to reduce the present inequalities in the distribution of income. The opinions on the question, which of these tasks deserves priority, differ widely.     

Einzelbesprechungen

Ohne Zusammenfassung     

Einzelbesprechungen

Ohne Zusammenfassung     

Einzelbesprechungen

Ohne Zusammenfassung     

Latin America’s external indebtedness

Latin America’s foreign debts have been mounting fast in the last ten years. The following article shows that it would nevertheless be wrong to suggest that Latin America has generally run up excessive debts.     

Friedman versus Keynes in Latin America

In a number of Latin American countries, the influence of John Maynard Keynes and his Latin American proponent Raúl Prebisch, was forced during the seventies to give way to the liberal-monetarist principles of Milton Friedman. What advantages and disadvantages have ensued from this change of course? Do Friedman's theories point a way out of Latin America's present economic and social problems?     

Origin and consequences of the debt crisis and ways of solving it

In the 1970s Latin America accounted for a high, and constantly increasing, proportion of the total public foreign debt of all developing countries, reaching a share of 35% by the end of the decade. In comparison, Latin America's share of the total GDP of the developing countries is around 20%. The following article explains the specific causes of the debt crisis in Latin America and suggests some ways of overcoming it.     

Einzelbesprechungen

Ohne Zusammenfassung