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After a modest increase in Metro fares in Santiago, Chile, last October, twenty Metro stations were simultaneously set on fire. The fare increase was the tipping point of years of social malaise. Days later there were more than a million protesters on the streets. The people of Chile were rejecting low pensions, highway tolls, school segregation, low-quality education, and poor public-health services-the result of decades of neoliberalism. Chi...

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Go behind the scenes of generations of the British royal family, exploring both the glamour and domestic life inside the spectacular 300-year-old Kensington Palace

Provides an economic history of Tanzania since independence in 1961. It covers the policies of African Socialism and the Arusha Declaration, the collapse of the early 1980s, the relationship with the IMF, and the reforms of the 1990s and 2000s.

Provides an economic history of Tanzania since independence in 1961. It covers the policies of African Socialism and the Arusha Declaration, the collapse of the early 1980s, the relationship with the IMF, and the reforms of the 1990s and 2000s.

The political and economic history of Latin America has been marked by great hopes and even greater disappointments. This book asks why the nations of Latin America have failed to share in the fruits of globalization and highlights the dangers of the turn to economic populism in the region.

Real Exchange Rates, Devaluation, and Adjustment provides a unified theoretical and empirical investigation of exchange rate policy and performance in scores of developing countries. It develops a theory of equilibrium and disequilibrium real exchange rates, takes up the question of why devaluations are the most controversial policy measures in poorer nations, and discusses what determines their success or failure. In a lucid fashion, Edwards ...

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The political and economic history of Latin America has been marked by great hopes and even greater disappointments. This book explains why the nations of Latin America have failed to share in the fruits of globalization and highlights the dangers of the turn to economic populism in the region.

Some scholars argue that the free movement of capital across borders enhances welfare, others claim it represents a clear peril, especially for emerging nations. In "Capital Controls and Capital Flows in Emerging Economie"s, an esteemed group of contributors examines both the advantages and the pitfalls of restricting capital mobility in these emerging nations. In the aftermath of the East Asian currency crises of 1997, the authors consider m...

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Many of the rigid rules that govern labor markets in Latin America (and elsewhere) create more problems than they solve. This volume provides insights on the issue. Part I addresses labor market institutions in the broad context of wages and benefits, Part II analyzes the links between performance and regulations.