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Hardcover | Out of Print | ISBN: 9780262031868 | 354 pp. | 7 x 9 in | December 1991
Paperback | $40.00 Short | £29.95 | ISBN: 9780262531252 | 354 pp. | 7 x 9 in | February 1995

Instructor Resources

Latin America's Economy

Diversity, Trends, and Conflicts


This important new text provides a clear, comprehensive, and accessible overview of major economic issues facing Latin America today, including balance of payments problems, inflation, stabilization, poverty, inequality, and land reform. It captures trends and common issues and at the same time illustrates the diversity of national experiences.

Each chapter centers around an economic problem from such new topics as debt to more enduring issues like poverty and agrarian reform—and presents major economic theories on the causes and solutions to the problem. Complex equations and formulas are omitted; instead, the discussion focuses on the underlying logic of contending policy prescriptions. Cardoso and Helwege provide numerous cross-country examples and tables to demonstrate how individual countries are affected differently by economic trends or policies, gradually building a sense of the complexity of the Latin American economy and the policy implications behind economic solutions. Chapters also include helpful summaries and ideas on what the future may hold.

About the Authors

Eliana Cardoso is Associate Professor of Economics at the Fletcher School of Law and Dipolomacy at Tufts University.

Ann Helwege is Assistant Professor in the Department of Urban and Environmental Policy at Tufts University.


“This is precisely the book that I have been waiting for. It is completely up to date, it deals with the most important questions, and the authors explain complex economic issues in simple and helpful ways, without loss of rigour orgenerality.”—David Hojman, Journal of Latin American Studies
“An important book...Few other single-volume surveys of theregion have so skillfully brought to our attention the complex tapestry ofmodern Latin American political economy.”—Antonia Jorge and Paul Moncarz, Journal of Developing Areas


“Cardoso and Helwege's text is remarkably well balanced. It is rare to find such a reasoned account of such ideologically-charged issues as the cause of inflation and prescriptions for alleviating poverty and accelerating growth.”
Frances Hagopian, Associate, Center for International Affairs, Harvard University