Latin America after the Financial Crisis (eBook)

Economists analyze seven Latin American countries to explore why the region was not as severely affected by the 2008 financial crisis as it had been by other crises in the past.

Juan E. Santarcángelo, Universidad Nacional de Quilmes, Argentina Orlando Justo, Borough of Manhattan Community College, City University of New York, USA Paul Cooney, Universidad Nacional de General Sarmiento, Argentina Guido Perrone, Universidad Nacional de General Sarmiento, Argentina Diego Mansilla, Universidad Nacional de Buenos Aires, Argentina Guillermo Maya Muñoz, Universidad Nacional de Colombia, Medellín, Colombia Daniel Restrepo Soto, Universidad Nacional de Colombia, Medellín, Colombia Claudio Lara Cortés, Red de Estudios de Economía Mundial Al Campbell, University of Utah, Salt Lake City, USA Gilberto Marquez, Universidade Federal do Pará, Brasil Sergio Cámara Izquierdo, Universidad Autónoma Metropolitana-Azcapotzalco, Mexico Abelardo Mariña Flores, Universidad Autónoma Metropolitana-Azcapotzalco, Mexico

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Latin America was one of the regions least affected by the global financial crisis of 2008. During this time of widespread economic downfall, Latin America continued to achieve an annual growth rate of around 5%. Latin America after the Financial Crisis explains how the global financial crisis affected the region and why it was not as severe as other crises in the past. The collection covers data from Argentina, Brazil, Chile, Colombia, Cuba, Mexico, and Venezuela, and demystifies the impact of the crisis on the accumulation path of the region without losing sight of each country's particularities. Each country is analyzed by leading specialized and heterodox researchers who have vast experience in the field and who use an array of heterodox perspectives, from Keynesian to Kaleckian and Marxian to Sraffian.