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Rethinking Latin America's Development Challenges

Jose Antonio Ocampo
Price: $ 30

Customers in the US and Canada please order from Stanford University Press at (800) 621-2736 or visit their website at www.sup.org.

Rethinking Latin America¿s Development Challenges argues that economic growth in developing countries is intrinsically tied to the dynamics of production structures, to the specific policies and institutions created to support it, and the creation of linkages among domestic firms and sectors. Avoiding macroeconomic instability is also essential, however, macroeconomic stability is not a sufficient condition for growth. The broader institutional context and the adequate provision of education and infrastructure are essential ¿framework conditions¿, but generally do not play a direct role in bringing about changes in the momentum of economic growth.

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