Economic Doctrines in Latin America

VALPY FITZGERALD is Director of the Oxford University Finance and Trade Policy Research Centre and a Professorial Fellow of St Antony's College, Oxford, UK. He has acted as economic policy advisor to a number of Latin American governments as well as to the UN, the OECD and the UK Department of International Development. He is author of Global Markets and the Developing Economy. ROSEMARY THORP is Director of the Oxford University Latin American Centre and a Fellow of St Antony's College, Oxford, UK. She recently authored the influential InterAmerican Development Bank study Prog

Why it is so difficult for liberal economic ideas to become generally accepted (that is socially 'embedded') in industrialising countries despite the universal support for liberal political ideas and a single global market system?Why it is so difficult for liberal economic ideas to become generally accepted (that is socially 'embedded') in industrialising countries despite the universal support for liberal political ideas and a single global market system? Drawing on the results of a sustained and collaborative interdisciplinary research project, international scholars provide a perspective on previous shifts towards (and away from) economic liberalism within Latin America, on the interaction of internal and external drivers in this process, and on the international context of the evolution of economic ideas.