Catalogue


The economic development of Latin America in the twentieth century /
André A. Hofman.
imprint
Cheltenham, UK ; Northampton, Mass. : Edward Elgar Pub., 2000.
description
xvi, 322 p. : ill.
ISBN
1858988527
format(s)
Book
Holdings
More Details
imprint
Cheltenham, UK ; Northampton, Mass. : Edward Elgar Pub., 2000.
isbn
1858988527
catalogue key
2577139
 
Includes bibliographical references and index.
A Look Inside
About the Author
Author Affiliation
Andre A. Hofman is a Researcher with the Economic Commission for Latin America and the Caribbean, Chile.
Full Text Reviews
Appeared in Choice on 2000-11-01:
Researchers and scholars of Latin America will find this volume a gold mine of information. Hofman (Economic Commission for Latin America and the Caribbean, Chile) provides some 100 or more pages of data series for key macroeconomic variables for Argentina, Brazil, Chile, Colombia, Mexico, and Venezuela extending back to 1900. Data have been linked and made consistent, a difficult and time- consuming task that should improve any analysis in which this data set is used. In the first half of the book, Hofman analyzes key trends in the data set and provides insightful comparative statistics with countries in other parts of the world. He provides valuable estimates of total factor productivity (TFP) growth, factor shares, purchasing power parity (PPP), estimates of GDP, and other estimates and analyses of data that will interest scholars. The only complaint is that the data series are not available in an easy-to-use format, such as a CD, which might have been included with the book. Highly recommended for academic and research collections, upper-division undergraduate and up. J. L. Dietz; California State University, Fullerton
Reviews
This item was reviewed in:
Choice, November 2000
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Summaries
Bowker Data Service Summary
Hofman's book provides an assessment of Latin American 20th century economic performance from a comparative and historical perspective. Students and scholars of Latin American economics, international and development economics will find it valuable.
Main Description
. . . the author has compiled and analyzed an impressive array of socioeconomic data heretofore unavailable in one source. . . . it is an analysis of economic performance that should be core reading for advanced students of the region. The book is a reference for socioeconomic data for the sample of six nations; it provides a historical perspective on events affecting development of the region and analyzes growth accounts to identify causes and stages of economic performance. André Hofman has provided a quantitative explanation of why the region is mired in a dependency path a long runway in the take-off stage of Rostow s economic development model. Robert B. South, Economic Geography Researchers and scholars of Latin America will find this volume a gold mine of information . . . Highly recommended for academic and research collections, upper-division undergraduate and up. J.L. Dietz, Choice A major contribution to the analysis of Latin American economic performance and policies in the 20th century. Provides quantitative growth accounts, with new estimates of capital stock, labour and total factor productivity. Lengthy appendices provide estimates of key magnitudes adjusted to ensure international comparability. An invaluable reference work for all students, teachers and researchers in this field. Angus Maddison, University of Groningen, The Netherlands This book provides an assessment of Latin American 20th century economic performance from a comparative and historical perspective. The author uses growth accounting methods and previously unavailable long-term series data to present a comprehensive analysis of Latin American development over the course of the century. The performance of Latin American economies over this period is compared to that of three groups of countries: the advanced capitalist economies of France, Germany, Japan, The Netherlands, UK and USA; the newly industrialised economies of Korea and Taiwan; and Spain and Portugal with which Latin America has historical ties. This presents a long-run comparative perspective of growth acceleration and slow-down in Latin America. The reasons for the comparatively poor or negative economic growth in the Lost Decade of the 1980s are examined as is the apparent economic recovery in the 1990s. The author also reviews other problems associated with the Latin American economies including debt problems, income inequality, high inflation, cyclical instability, and political and policy instability, and measures the ability of various countries to combat these challenges. Finally, the author analyses major stabilisation policies over the period and assesses their success. This book will prove a valuable asset to students and scholars of Latin American economics, international economics and development economics.
Table of Contents
List of Figuresp. vii
List of Tablesp. ix
Acknowledgementsp. xv
Introductionp. 1
Some Distinctive Characteristics of Latin America over the Long Runp. 7
Economic Performance in Latin America - A Comparative Quantitative Perspectivep. 29
New Standardised Estimates of Labour Input and Human Capitalp. 47
New Standardised Estimates of Capital Stock for Latin America and the USAp. 69
Explaining Latin American Post-War Development - The Growth Accountsp. 99
Performance and Policy in Latin Americap. 127
Conclusionsp. 147
Appendices
Populationp. 155
GDP Indices (1950 = 100) and Levels of Total and Per Capita GDPp. 159
Activity Rates, Employment, Education and Labour Productivityp. 173
Total and Disaggregated Gross Investment, 1900-1994p. 183
Standardised Estimates of Capital Stockp. 205
Foreign Tradep. 249
Pricesp. 261
Previous Non-Standardised Capital Stock Estimates in Latin Americap. 265
Referencesp. 293
Indexp. 313
Table of Contents provided by Syndetics. All Rights Reserved.

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