The New Economic Model in Latin America and Its Impact on Income Distribution and Poverty

Download or read book The New Economic Model in Latin America and Its Impact on Income Distribution and Poverty written by Victor Bulmer-Thomas and published by Springer. This book was released on 1996-03-25 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: The economies of Latin America have undergone a deep process of change in the last decade as a result of the application of major reforms. The outcome can be fairly described as a New Economic Model. This New Economic Model is distinguished from its predecessor, in force before the 1980s debt crisis, by an emphasis on market forces and export-led growth. This book explores the main features of the New Economic Model in Latin America and, through analysis of the reform process and case studies, examines its impact on income distribution and poverty.