4.0

credits

Average Course Rating

Why is Latin America lagging behind other developing regions? This course attempts to respond to this question by examining the political economy of Latin America’s insertion into the world economy from the 1950s until today. Emphasizes the nature of public policy, its swings over time and its impact on economic performance. Contrasts Latin America’s policies and performance with better-performing economies in Europe, Oceania and Asia---with China only the latest of several waves of developing countries that have leapfrogged Latin America in the growth charts over recent decades. Addresses the lack of strategic industrial policy fostering trade and innovation, one of the glaring differences between Latin America and these countries. In this context, gives special attention to public-private alliances to compete internationally as a key missing page in Latin America’s development agenda. Background or prior coursework in Microeconomics and Macroeconomics is recommended. <a href="http://bit.ly/1bebp5s" target="_blank">Click here to see evaluations, syllabi, and faculty bios</a>