Macroeconomics and Development: Roberto Frenkel and the Economics of Latin America by Mario DamillMacroeconomics and Development: Roberto Frenkel and the Economics of Latin America by Mario Damill

Macroeconomics and Development: Roberto Frenkel and the Economics of Latin America

EditorMario Damill, Martín Rapetti, Guillermo Rozenwurcel

Hardcover | March 15, 2016

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Latin American neo-structuralism is a cutting-edge, regionally focused economic theory with broad implications for macroeconomics and development economics. Roberto Frenkel has spent five decades developing the theory's core arguments and expanding their application throughout the discipline, revolutionizing our understanding of high inflation and hyperinflation, disinflation programs, and the behavior of foreign exchange markets as well as financial and currency crises in emerging economies.

The essays in this collection assess Latin American neo-structuralism's theoretical contributions and viability as the world's economies evolve. The authors discuss Frenkel's work in relation to pricing decisions, inflation and stabilization policy, development and income distribution in Latin America, and macroeconomic policy for economic growth. An entire section focuses on finance and crisis, and the volume concludes with a neo-structuralist analysis of general aspects of economic development. For those seeking a comprehensive introduction to contemporary Latin American economic thought, this collection not only explicates the intricate work of one of its greatest practitioners but also demonstrates its impact on the growth of economics.

Mario Damill is senior researcher at the Center for the Study of State and Society (CEDES), member of the National Council of Scientific and Technological Research of Argentina (CONICET), and professor of macroeconomics at the University of Buenos Aires. Martín Rapetti is an associate researcher at the Center for the Study of the Stat...
Title:Macroeconomics and Development: Roberto Frenkel and the Economics of Latin AmericaFormat:HardcoverDimensions:440 pagesPublished:March 15, 2016Publisher:Columbia University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0231175086

ISBN - 13:9780231175081

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Table of Contents

AcknowledgmentsPreface, by Mario Damill, Martín Rapetti and Guillermo Rozenwurcell1. An Introduction to Roberto Frenkel's Contributions to the Economic Ideas in Latin America, by Mario Damill, Daniel Kampel and Guillermo RozenwurcellPart I: Pricing Decisions, Inflation, and Stabilization2. Markups Under Uncertainty: Variations on Price Decisions in High Inflation, by Daniel Heymann and Francisco Roldán3. Financial Fragility, Price Indexes, and Investment Financing, by Julio Dreizzen4. Uncertainty in Structural and Institutional Parameters and the Cost of Policy Mistakes: A CGE Evaluation, by Omar Chisari, Gustavo Ferro, and Juan Pablo Vila Martínez5. Monetary Policy and External Shocks in a Semi-Dollarized Economy, by Oscar DancourtPart II: Economic Development in Latin America6. The Chilean Economy Since the Global Crisis, by Ricardo Ffrench-Davis7. Disequilibria and Risk Premia: Argentina's Experience during the 2000s from a Latin American Perspective, by Gustavo Cañonero and Carlos Winograd8. Labor Market and Income Distribution in Latin America in Times of Economic Growth: Advances and Shortcomings, by Roxana Maurizio9. Accounting for the Rise and Fall of Post-WWII Brazil's Growth, by Edmar Bacha and Regis BonelliPart III: The Real Exchange Rate, the Balance of Payments and Economic Development10. Balance of Payments Dominance: Its Implications for Macroeconomic Policy, by José Antonio Ocampo11. The Real Exchange Rate, the Real Wage and Growth: A Formal Analysis of the "Development Channel", by Jaime Ros12. The Real Exchange Rate and Economic Growth: Some Observations on the Possible Channels, by Martín RapettiPart IV: Finance and Crises13. Capitalism and Financial Crises: A Long-TYerm Perspective, by Andrés Solimano14. Financial Crisis, Institutions, and the Macroeconomy, by José María Fanelli15. Wage Increases, Transfers, and the Socially Determined Income Distribution in the USA, by Lance Taylor, Armon Rezai, Rishabh Kumar, Nelson Barbosa, and Laura Carvalho16. Sovereign Credit Risk in Latin America and Global Common Factors, by Manuel Agosin and Juan Díaz-MaureiraPart V: Approaches to Development17. Cognitive Dissonance: Postwar Economic Development Strategies and Bretton Woods International Financial Stability, by Jan Kregel18. The New Developmentalism as a Weberian Ideal Type, by Luiz Carlos Bresser-PereiraList of ContributorsIndex

Editorial Reviews

A collection of interesting and impressive papers on the areas in which Roberto Frenkel has worked: inflation, stabilization, crises, and macroeconomic policy for development. One hopes for a wide readership.