The puzzle of Latin American economic development / Patrice Franko.

Rev. and updated ed. of: The puzzle of Latin American economic development.

Includes bibliographical references (p. 625-670) and index.

Development in Latin America: conceptualizing economic change in the region -- Historical legacies: patterns of unequal and unstable growth -- Import substitution industrialization: looking inward for the source of economic growth -- Latin America's debt crisis: the limits of external financing -- Macroeconomic stabilization: a critical ingredient for sustained growth -- The role of the state: from a smaller to a smarter state -- Financing for development: public and private capital flows to Latin America -- Contemporary trade policy: engine or brakes for growth? -- Policies underpinning growth: productivity and competitiveness in the global economy -- Rural development: sowing the seeds of equitable, sustainable growth in Latin America -- Poverty and inequality: addressing the social deficit in Latin America -- Health policy: investing in people's future -- Education policy: the source of equitable, sustainable growth -- Environmental challenges: internalizing the costs of development -- Lessons learned: cycles in Latin American development.