The Free Market Experiment in Latin America

Ronn Pineo
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Ronn Pineo: Department of History, Towson University, Towson, USA

Journal of Developing Societies, 2014, vol. 30, issue 2, 169-194

Abstract: This article examines the performance of neoliberal economic policies in Latin America over the last several decades. Scrutiny is given to growth, development, inequality, poverty, and social concerns. Recent evidence is brought to bear in evaluating the efficacy of neoliberalism with respect to these matters. Following the work of Henry Bruton, the article offers a reconsideration of the conventional critique of prior import substitution industrial policies. Finally, building upon a wide array of recent works in economic developmental theory, the article puts forward some policy recommendations for promotion of economic development in Latin America.

Keywords: Latin America; economics; socio-economic conditions; neoliberalism; free market policies (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:sae:jodeso:v:30:y:2014:i:2:p:169-194

DOI: 10.1177/0169796X14525534

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