Author Description

In the past twenty years, economic policy in Latin America has veered toward neoliberalism, or market friendliness. State interventions in the economy have been cut back in many areas, including reductions in fiscal deficits, privatization of public enterprises, reductions of import quotas and tariffs and export subsidies, removal of barriers to foreign capital flow, and increased faith in the private sector and market processes. This book offers an intellectual and historical background for these policy choices, specifically in Argentina, Brazil, Chile, Colombia, Mexico, and Peru.