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Home > Business and Economics > Economics > Development economics and emerging economies > Economic Development, Economic Growth and Income Distribution: Structuralist Perspectives on Latin America and Beyond
Economic Development, Economic Growth and Income Distribution: Structuralist Perspectives on Latin America and Beyond

Economic Development, Economic Growth and Income Distribution: Structuralist Perspectives on Latin America and Beyond


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About the Book

Adopting a structuralist approach, this informative book discusses the international obstacles to economic growth and the role of individual sectors including manufacturing and services in political economies. It also examines key issues, such as the determinants of economic growth through capital accumulation and technological change. Leading experts shed light on the importance of aggregate demand in relation to trade and capital flows, addressing socio-economic inequality and regional divergence. Focussing on Latin American countries, they showcase regional disparities and demonstrate the historical regimes that have perpetuated income inequalities. Covering key case studies, such as the social polarization in Colombia and the challenges for inclusive growth in Argentina, they reveal the institutions, policies and economic agents involved in the development of Mexico's political economy. The book further demonstrates that there is much more to economic development than neoliberal reforms, identifying the roles of inflation and fiscal expansion, alongside contemporary obstacles to economic growth. A vital resource for students and academics in economics, public policy, and human and development geography, this book will also greatly benefit researchers and policymakers in economic development and politics.

Table of Contents:
Contents Preface and acknowledgements x PART I MACROECONOMICS AND DEVELOPMENT: GENERAL AND GLOBAL ISSUES 1 Structuralist perspectives on economic development in Latin America and beyond 2 Amitava Krishna Dutt, Nora Lustig, Juan Carlos Moreno Brid and Jose Antonio Ocampo 2 The Africa rising narrative: economic growth, the terms of trade, structural change, and global uneven development 24 Omar S. Dahi, Firat Demir and Amitava Krishna Dutt 3 Inflation in dual economies 49 Peter Skott 4 Slow inflation = wage repression: fiscal expansion won’t change the equation 73 Lance Taylor PART II LATIN AMERICA: INEQUALITY, GROWTH AND SECTORAL ISSUES 5 Latin America’s inequality changes under different political regimes 85 Giovanni Andrea Cornia 6 Thinking about inequality in Latin America in times of commodity booms and pandemics 105 Diego Sánchez-Ancochea 7 External challenges to economic growth in Latin America 124 Juan Carlos Moreno-Brid, Esteban Pérez Caldentey, Lorenzo Nalin and Edgar Pérez-Medina 8 What role for modern services in Latin America’s economic development? 141 Eva Paus 9 Some considerations on capital accumulation, structural change, and innovation in four Latin American economies 168 José I. Casar, Gabriela Dutrénit and Martín Puchet Anyul 10 Regressive structural change and the challenges for inclusive growth in Argentina 189 Jose Maria Fanelli and Nora Lustig 11 Economic and social polarization in Colombia 208 José Antonio Ocampo and Natalie Gómez-Arteaga PART III MEXICO: POLITICAL ECONOMY, CAPITAL ACCUMULATION AND REGIONAL DISPARITIES 12 The political economy of Mexican development: institutions, policies, and economic agents 229 Leonardo Lomelí Vanegas 13 Sluggish capital accumulation with a rising profit share: four hypotheses for the Mexican economy 248 Robert A. Blecker and Carlos A. Ibarra 14 Regional disparities in per capita income in Mexico and the role of manufacturing industry 278 Penélope Pacheco-López and Anthony P. Thirlwall

About the Author :
Edited by Amitava Krishna Dutt, Department of Political Science, University of Notre Dame, Nora Lustig, Department of Economics, Tulane University, USA, Juan Carlos Moreno Brid, Faculty of Economics, National Autonomous University of Mexico, Mexico and Jose Antonio Ocampo, School of International and Public Affairs, Columbia University, USA

Review :
‘This accessible and stimulating volume is essential reading for both graduate economics students of economic development and policymakers. Moving beyond highly theoretical approaches, the authors emphasize the critical role of economic structure and government policy in shaping the growth and development path. The impact of history, institutions, political processes, and global economic dynamics are also assessed, making this a real-world exploration of the challenges policymakers face in creating the conditions for development.’ ‘This unique book contains fourteen deeply researched essays that, skilfully navigating between theory and empirics, examine macro-economic development with a particular emphasis on Latin America. The authors interpret economic development and structural change from modern-day structuralist perspectives and focus on growth, technological upgrading (to escape commodity dependence), income distribution and the political economy of the state, always in a centre-periphery world. Brimming with original ideas, all of enduring significance, the book, honouring the late Jaime Ros, is a tour de force of modern structuralist economic thinking. It is bound to generate much discussion, further thinking and critical debate.’


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Product Details
  • ISBN-13: 9781803929903
  • Publisher: Edward Elgar Publishing Ltd
  • Publisher Imprint: Edward Elgar Publishing Ltd
  • Height: 234 mm
  • No of Pages: 324
  • Width: 156 mm
  • ISBN-10: 1803929901
  • Publisher Date: 18 Nov 2025
  • Binding: Hardback
  • Language: English
  • Sub Title: Structuralist Perspectives on Latin America and Beyond


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