Do national economic policies cause economic decline in developing countries, or do the conflicts between special interest groups force economic inequalities which might not otherwise exist? This work provides a current account of the economic histories of Brazil and Mexico since 1950. It analyzes how institutions, ideologies, power elites, and interest groups have affected each nation's economic growth and distribution of income. Maddison discusses key factors responsible for the economic progress of these countries--accumulated capital, productivity increases, relatively unimpeded foreign investment, and reasonably good foreign exchange rates.
ThriftBooks sells millions of used books at the lowest everyday prices. We personally assess every book's quality and offer rare, out-of-print treasures. We deliver the joy of reading in recyclable packaging with free standard shipping on US orders over $15. ThriftBooks.com. Read more. Spend less.