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Macroeconomics and Development

Roberto Frenkel and the Economics of Latin America

Mario Damill editor Martín Rapetti editor Guillermo Rozenwurcel editor

Format:Hardback

Publisher:Columbia University Press

Published:18th Mar '16

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Macroeconomics and Development cover

The essays in this collection assess Roberto Frenkel's work, discussing Latin American neo-structuralism's theoretical contributions and viability as the world's economies evolve. 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 demonstrates its impact on the growth of economics.

Latin American neo-structuralism is a cutting-edge, regionally focused economic theory with broad implications for macroeconomics and development economics.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.

This rich collection of papers is a well-deserved recognition of Frenkel's pathbreaking contributions to our understanding of the Latin American and world's institutional and economic environment, and also provides adequate background teaching material for both graduate and undergraduate courses in economics. -- Jorge Katz, University of Chile This accessible, varied, and rich collection reflects a broad spectrum of monetary challenges in Latin America, including the developmental consequences of the exchange rate, inflation, financial, and balance of payments crises. The volume will be a major reference for Latin American economies and macroeconomic development challenges and is a fitting acknowledgment of Roberto Frenkel, one of the world's 'master' development macroeconomists. -- Jomo Kwame Sundaram, former United Nations Assistant Secretary General for Economic Development 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. -- Axel Leijonhufvud, professor emeritus of economics, University of California, Los Angeles

ISBN: 9780231175081

Dimensions: unknown

Weight: unknown

440 pages