Falling Behind: Explaining the Development Gap Between Latin America and the United States |
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Falling Behind: Explaining the Development Gap Between Latin America and the United States
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by Francis Fukuyama
Sales Rank: 165054
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List Price: $29.95
$23.96
At Amazon
on 11-1-2008.
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Features
Cover Type: Hard Cover with 336 pages
Published by: Oxford University Press, USA August 11, 2008
Written in: English
ISBN 10 Number: 0195368827
ISBN 13 Number: 978-0195368826
Book Dimensions:
9.2 x 3.8 x 1.1 inches
Weighs: 1.2 pounds
Product Review
"This volume constitutes one of the most thorough and lucid attempts to answer the fundamental question of why Latin America has become the West's least developed region. It's a must-read for both policymakers and scholars. Bravo and thanks to the authors."--Ernesto Zedillo, Director of the Yale Center for the Study of Globalization and former President of Mexico
"This indispensable book ends the debate over why we Latinos are not rich Americans: It's not our culture, religion, intellects, or even the U.S. that keep us behind. It's our defective institutions. So let reform begin. Thanks to Fukuyama and his distinguished colleagues, governments have no more excuses to avoid legal change."--Hernando de Soto, author of The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else
Product Description
In 1700, Latin America and British North America were roughly equal in economic terms. Yet over the next three centuries, the United States gradually pulled away, and today the gap is huge. Why did this happen? Was it culture? Geography? Economic policies? Natural resources? Differences in political development? The question has occupied policymakers and scholars for decades, and the debate remains intense.
In Falling Behind, Francis Fukuyama, acclaimed author of The End of History and America at the Crossroads, gathers together some of the world's leading scholars on the subject to explain the nature of the gap and how it came to be. Tracing the histories of development over the past four hundred years and focusing in particular on the policies of the last fifty years, the contributors conclude that while many factors are important, economic policies and weak institutions are at the root of the divide. Interestingly, while the gap is deeply rooted in history, they show that there have been times when it narrowed as a consequence of policy choices in nations such as Chile, Mexico, and Brazil, and that there has been genuine institutional reform across the region. Bringing to light these policy success stories, Fukuyama and the contributors lay out a path for Latin American nations so that they can improve their prospects for economic growth and stable political development.
Given that so many attribute the gap to either vast cultural differences or the consequences of U.S. economic domination, Falling Behind is sure to stir debate. And, given the importance of the subject in light of economic globalization and the immigration debate, its expansive, in-depth portrait of the hemisphere's development will be a welcome addition to the conversation.
Reader Reviews
Great writter amazing book, You go thru this book as he was talking to you. I have read most of his books and he always keeps amazing me,amazing knowleadge, great writter.
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Falling Behind: Explaining the Development Gap Between Latin America and the United States
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Price: $23.96
Updated on 11-1-2008.
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