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A major, new, and comprehensive look at six decades of macroeconomic policies across the region What went wrong with the economic development of Latin America over the past half-century? Along with periods of poor economic performance, the region’s countries have been plagued by a wide variety of economic crises. This major new work brings together dozens of leading economists to explore the economic performance of the ten largest countries in South America and of Mexico. Together they advance the fundamental hypothesis that, despite different manifestations, these crises all have been the result of poorly designed or poorly implemented fiscal and monetary policies. Each country is treated in its own section of the book, with a lead chapter presenting a comprehensive database of the country’s fiscal, monetary, and economic data from 1960 to 2017. The chapters are drawn from one-day academic conferences-hosted in all but one case, in the focus country-with participants including noted economists and former leading policy makers. Cowritten with Nobel Prize winner Thomas J. Sargent, the editors’ introduction provides a conceptual framework for analyzing fiscal and monetary policy in countries around the world, particularly those less developed. A final chapter draws conclusions and suggests directions for further research. A vital resource for advanced undergraduate and graduate students of economics and for economic researchers and policy makers, A Monetary and Fiscal History of Latin America, 1960–2017 goes further than any book in stressing both the singularities and the similarities of the economic histories of Latin America’s largest countries. Contributors: Mark Aguiar, Princeton U; Fernando Alvarez, U of Chicago; Manuel Amador, U of Minnesota; Joao Ayres, Inter-American Development Bank; Saki Bigio, UCLA; Luigi Bocola, Stanford U; Francisco J. Buera, Washington U, St. Louis; Guillermo Calvo, Columbia U; Rodrigo Caputo, U of Santiago; Roberto Chang, Rutgers U; Carlos Javier Charotti, Central Bank of Paraguay; SimÓn Cueva, TNK Economics; JuliÁn P. DÍaz, Loyola U Chicago; Sebastian Edwards, UCLA; Carlos Esquivel, Rutgers U; Eduardo FernÁndez Arias, Peking U; Carlos FernÁndez Valdovinos (former Central Bank of Paraguay); Arturo JosÉ Galindo, Banco de la RepÚblica, Colombia; MÁrcio Garcia, PUC-Rio; Felipe GonzÁlez Soley, U of Southampton; Diogo Guillen, PUC-Rio; Lars Peter Hansen, U of Chicago; Patrick Kehoe, Stanford U; Carlos Gustavo Machicado Salas, Bolivian Catholic U; JoaquÍn Marandino, U Torcuato Di Tella; Alberto Martin, U Pompeu Fabra; Cesar Martinelli, George Mason U; Felipe Meza, Instituto TecnolÓgico AutÓnomo de MÉxico; Pablo AndrÉs Neumeyer, U Torcuato Di Tella; Gabriel Oddone, U de la RepÚblica; Daniel Osorio, Banco de la RepÚblica; JosÉ Peres CajÍas, U of Barcelona; David Perez-Reyna, U de los Andes; Fabrizio Perri, Minneapolis Fed; Andrew Powell, Inter-American Development Bank; Diego Restuccia, U of Toronto; Diego Saravia, U de los Andes; Thomas J. Sargent, New York U; JosÉ A. Scheinkman, Columbia U; Teresa Ter-Minassian (formerly IMF); Marco Vega, Pontificia U CatÓlica del PerÚ; Carlos VÉgh, Johns Hopkins U; FranÇois R. Velde, Chicago Fed; Alejandro Werner, IMF.
Paul A. Baran, Paul M. Sweezy
Tim Wu
Gabriel Zucman
Rebecca Henderson
Elena Botelho, Kim Powell, Tahl Raz
Kirstin Ferguson
Daryl Fielding
Charles H. Vogl
Scott Kupor
Michael J. Mauboussin
Jonathan Hollow, Robin Powell
Richard Strozzi-Heckler
Erlend Alfnes, Odd Jøran Sagegg
Alex Ferguson
Glen B. Wheatley, Saras Sarasvathy
Marianne Lewis, Wendy Smith
John C. Maxwell
Carolyn Dewar
Deborah Gruenfeld
Eric Schmidt III, Jonathan Rosenberg
Robert Stone
John C. Maxwell
Nick Wolny
John Whittington
Sarah Easter Collins
Frida Skybäck
Liz Moore
Colleen Hoover
Kristin Fägerskjöld
Armando Lucas Correa
Sharon Bolton
Ruth Lillegraven
Santa Montefiore
Kelly Rimmer
Martha Hall Kelly
Svenja O'Donnell
Nathan Harris
Holly Jackson
Louise Boije af Gennäs
Tina Norin
Kristin Fägerskjöld
Pernilla Lindroos
Anna Lönnqvist
Jessie Burton
Malin Nordström
Marc Levy
Emma Donoghue
Snezana Lindskog, Andie Lindskog
Tony Samuelsson
Andrev Walden
Tina Harnesk
Kathrine Nedrejord
Anthony Doerr
Marieke Lucas Rijneveld
Lauren Groff
Claire Messud
Claire Lynch
Sebastian Barry
Ray Celestin
Simon Stranger
Alice Munro
Linda Boström Knausgård
Marit Kapla
Ulf Stark
Sarah Easter Collins
Liz Moore
Ursula Scavenius
Colleen Hoover
Michel Jean
