The elusive quest for growth in Argentina / Daniel Chudnovsky and Andres Lopez.

Format:

Book

Author/Creator:

Chudnovsky, Daniel.

Contributor:

López, Andrés, 1962-

Language:

English

Subjects (All):

Argentina--Economic conditions--1945-.

Argentina.

Economic conditions.

Argentina--Economic policy.

Economic policy.

Physical Description:

xviii, 217 pages : illustrations ; 22 cm

Place of Publication:

New York ; Basingstoke : Palgrave Macmillan, 2007.

Summary:

Despite its unusually rich availability of natural resources and ample base of human capital, in the last forty years Argentina suffered a poor growth performance in any cross-country comparison. Chudnovsky and Ló pez's analysis includes two episodes of growth in 1964-74 and in 1991-98 that proved to be finally unsustainable, as well as the 2001 crisis, the most severe in the country's history. Since both growth episodes took place under quite different development paradigms, the Post-War Development Consensus and Washington Consensus, lessons about what went right and wrong in Argentina contributes to the debate about the virtues and failures of those paradigms. Following mainly an institutional and historical approach, but also employing rigorous economic analysis, this book offers a timely contribution to one of the big puzzles in the field of development economics.

Notes:

Includes bibliographical references (pages [197]-213) and index.

ISBN:

9781403977892

1403977895

OCLC:

78989394