Ideas, Policies And Economic Development in the Americas

Structuralism worked well in the Western Hemisphere and elsewhere for several decades but then was bypassed by events, particularly the debt crises to which it could not adequately respond. Its dominant successor, the Washington Consensus, is now moribund. A host of eminent international contributors address the urgent task of inventing a new structuralist economics to confront the challenges of the 21stcentury.'¬~Ideas, Policies and Economic Development in the Americas' examines the ideas of essential Latin American and Caribbean intellectuals such as Celso Furtado, Arthur Lewis, Raúl Prebisch, and some less well known like the José da Silva Lisboa and Alberto Pani and their influence on policy making. It also discusses the role of key Structuralist ideas such as the Prebisch-Singer thesis, the notion of '¬~development by invitation,' inertial inflation, the differences between Latin American and Anglo Saxon Structuralist tradition, and the debates with the liberal orthodoxies of their times, in particular the recent neoliberal tradition.The essays in this book suggest that the recent shifts in broad political alignments in several important Latin American and Caribbean nations reflect the failure of the Washington Consensus agenda, and that a renewal of Structuralist ideas can play an important role in the future economic development of the region.Perez-Caldentey, Esteban is the author of 'Ideas, Policies And Economic Development in the Americas ', published 2007 under ISBN 9780415770552 and ISBN 0415770556.