Crony Capitalism and Economic Growth in Latin America

Download or read book Crony Capitalism and Economic Growth in Latin America written by Stephen Haber and published by Hoover Institution Press. This book was released on 2013-11-01 with total page 173 pages. Available in PDF, EPUB and Kindle. Book excerpt: Crony capitalism systems—in which those close to political policymakers receive favors allowing them to earn returns far above market value—are a fundamental feature of the economies of Latin America. Haber and his expert contributors draw from case studies in Mexico, Brazil, and other countries around the world to examine the causes and consequences of cronyism.