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Latin America after the Financial Crisis

Economic Ramifications from Heterodox Perspectives

  • Book
  • © 2016

Overview

Editors:
  1. Juan E. Santarcángelo
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  2. Orlando Justo
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  3. Paul Cooney
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Table of contents (10 chapters)

  1. Front Matter

    Pages i-x
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  2. Introduction

    • Paul Cooney, Orlando Justo, Juan E. Santarcángelo
    Pages 1-4

  3. The Global Crisis: Causes and Main Theoretical Explanations

    • Orlando Justo, Juan E. Santarcángelo
    Pages 5-32

  4. The Global Crisis and Its Effects on the Accumulation in Argentina

    • Juan E. Santarcángelo, Guido Perrone
    Pages 33-58

  5. The Impact of the Global Economic Crisis on Brazil from 2008 to the Present

    • Paul Cooney, Gilberto Marquez
    Pages 59-86

  6. Boom and Bust in Colombia 1990–2013

    • Guillermo Maya Muñoz, Daniel Restrepo Soto
    Pages 87-115

  7. The Global Crisis and the Chilean Economy

    • Claudio Lara Cortés
    Pages 117-140

  8. The Impact of the Global Post-2007 Economic Crisis and Subsequent Lethargic Performance on Cuba’s Economy

    • Al Campbell
    Pages 141-163

  9. The Structural Causes of the Severity of the World Crisis in Mexico

    • Abelardo Mariña Flores, Sergio Cámara Izquierdo
    Pages 165-191

  10. Venezuela and the International Crisis

    • Diego Mansilla
    Pages 193-227

  11. The Aftermath of the Global Crisis in Latin America: General Remarks and Future Perspectives

    • Paul Cooney, Orlando Justo, Juan E. Santarcángelo
    Pages 229-248

  12. Back Matter

    Pages 249-255
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Keywords

About this book

Latin America was one of the regions least affected by the global financial crisis of 2008. During this time of widespread economic downfall, Latin America continued to achieve an annual growth rate of around 5%. Latin America after the Financial Crisis explains how the global financial crisis affected the region and why it was not as severe as other crises in the past. The collection covers data from Argentina, Brazil, Chile, Colombia, Cuba, Mexico, and Venezuela, and demystifies the impact of the crisis on the accumulation path of the region without losing sight of each country's particularities. Each country is analyzed by leading specialized and heterodox researchers who have vast experience in the field and who use an array of heterodox perspectives, from Keynesian to Kaleckian and Marxian to Sraffian.

Reviews

“Latin America after the Financial Crisis is stronger on diagnosis than innovative policy prescription. … a richly textured view of how Latin America experienced the global financial crisis. Opening with commonly understood causes of the crisis in globalized capital markets, the book contests the neoclassical view that unsound monetary policy, regulatory failures, fraudulent practices, and external shocks were at the core of the seismic crisis.” (Patrice Franko, Latin American Research Review, Vol. 54 (1), 2019)

About the authors

Juan E. Santarcángelo, Universidad Nacional de Quilmes, Argentina Orlando Justo, Borough of Manhattan Community College, City University of New York, USA Paul Cooney, Universidad Nacional de General Sarmiento, Argentina Guido Perrone, Universidad Nacional de General Sarmiento, Argentina Diego Mansilla, Universidad Nacional de Buenos Aires, Argentina Guillermo Maya Muñoz, Universidad Nacional de Colombia, Medellín, Colombia Daniel Restrepo Soto, Universidad Nacional de Colombia, Medellín, Colombia Claudio Lara Cortés, Red de Estudios de Economía Mundial Al Campbell, University of Utah, Salt Lake City, USA Gilberto Marquez, Universidade Federal do Pará, Brasil Sergio Cámara Izquierdo, Universidad Autónoma Metropolitana-Azcapotzalco, Mexico Abelardo Mariña Flores, Universidad Autónoma Metropolitana-Azcapotzalco, Mexico

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