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November 2003 |
SILENT REVOLUTIONThe Rise and Crisis of Market Economics by Duncan Green “This second edition of a very good
book initially published in 1995 has been expanded and thoroughly revised,
updated and to a large extent rewritten. Although Green is critical of recent
economic policies in Latin America, he is never dogmatic, and unlike many
critics, he discusses alternatives. He conveys an impressive amount of
information, but since he develops contexts so carefully, the result is a well
ordered, rigorous, and coherent presentation. Moreover, Green writes clearly
and with polish, producing a book that has proven to be accessible and
interesting …. Those who know the first edition will find the second
edition to be familiar in positive ways, but to a great extent, the second
edition is a new book. Tables, excellent appendices, and recommendations for
further reading organized by topic. Highly recommended.” “In the face of frustrations with
neoliberal reforms in Latin America, the search for alternative views and
paradigms is in full swing. This new edition of Silent Revolution is thus
particularly welcome. It provides a breath of fresh air in this quest.”
“A dynamic and comprehensive
analysis of the neoliberal reform experience in Latin America over the last
three decades. While passionate in its tone, it never loses intellectual rigor
and balance in judgment. It is essential reading not only for those who are
interested in Latin America, but for anyone who is interested in the broader
issues of economic development and globalization.” “With the Argentine financial crisis still reverberating around the continent, this book will stimulate thinking on why neoliberalism has produced such modest gains in Latin America and encourage readers to address the alternatives—however embryonic they may appear at this stage.” — PROFESSOR VICTOR BULMER-THOMAS, Director, Royal Institute of International Affairs, author of The Economic History of Latin America Since Independence “Well written and highly entertaining. This book is a must for any student of contemporary development issues. It should also be part of the background knowledge of any policymaker and politician.”— JOURNAL OF LATIN AMERICAN STUDIES “[Duncan] Green presents an excellent overview and analysis of the trajectory of the Latin American economies and societies . . . . [A] wonderful introduction to the complexities of the economic crisis still facing the region” — CHOICE, American Library Association Throughout the 1990s Latin America was seen as the poster child of neoliberalism, as governments opened their economies to imports, slashed social spending, and gave priority to attracting foreign investment. In the process, runaway inflation was held in check and currencies stabilized. But this was done at huge environmental and human cost. Global corporations and small elite in Latin America grew rich, but the bulk of the population suffered. The first edition of Green's Silent Revolution, published in 1995, described the imposition of neoliberal economic models in Latin America, the role of the IMF and World Bank in enforcing them, and their consequences. This second, revised and updated edition makes clear that the "miracle" of the 1990s has come to an end. Green extends his analysis into the present, showing how the economic meltdown that is now taking place in Latin America was prepared by an economic strategy that could never live up to its own claims. This new edition was completed in a moment when the Argentinian economy is in ruins, Brazil is on the brink of collapse, riots are taking place in Uruguay, Peru, and Paraguay, a U.S. supported coup has just been averted in Venezuela. It will be an essential work for understanding ongoing developments in the region. Introduction About the Author If you have any technical comments or suggestions, about this web site, please send e-mail to Our Webmaster.  |
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