Market Liberalism, Growth, and Economic Development in Latin America

Gerardo Angeles-Castro is Head of Research and Postgraduate Studies at the School of Economics at Instituto Politécnico Nacional, México.Ignacio Perrotini-Hernández is Professor and Chair of the Graduate Faculty of Economics at Universidad Nacional Autónoma de México.Humberto Ríos-Bolivar is Research Economist at the School of Economics at Instituto Politécnico Nacional, México.

• Part 1: Trade Liberalization, Development and Regional Integration 1. Has Trade Liberalisation in Poor Countries Delivered the Promises Expected? Penélope Pacheco-López and A.P. Thirlwall 2. Beyond the Washington Consensus: The Quest for an Alternative Development Paradigm for Latin America Ignacio Perrotini-Hernández, Juan Alberto Vázquez-Muñoz and Blanca L. Avendaño-Vargas 3. Foreign Trade and Per Capita Income: New Evidence for Latin America and the Caribbean Humberto Ríos-Bolívar and Omar Neme-Castillo 4. Regional Integration and its Effects on Inward FDI in Developing Countries: A Comparison Between North-South (Mexico) and South-South (Brazil) Integration Thomas Goda 5. Trade Blocs as Determinants of Trade Flows in South American Countries: An Augmented Gravity Approach Clemente Hernandez-Rodriguez Part 2: Trade Reforms and Development Experience: Case Studies in Latin America 6. Downhill or the Long Agony of Argentinean Development Alcino Ferreira Câmara-Neto and Matías Vernengo 7. The Determinants of FDI in Chile: A Gravity Model Approach Matteo Grazzi 8. Assessment of the Distributive Impact of Trade Reforms in Uruguay Fernando Borraz, Daniel Ferrés and Máximo Rossi Part 3: Economic liberalization, Development and Growth in Mexico 9. Economic Liberalization and Income Distribution: Theory and Evidence in Mexico Gerardo Angeles-Castro 10. How Risk Factors Affect Growth in Mexico: A Free-Market Liberalism Approach Francisco Venegas-Martínez 11. Anti-Inflationary Policy and Financial Fragility, a Microeconomic Analysis: The Case of Mexico, 1990 – 2004 Ignacio Perrotini-Hernández, Blanca Lilia Avendaño-Vargas and Juan Alberto Vázquez-Muñoz 12. Technological Innovation and Sectoral Productivity in the Mexican Economy: Regional Evidence José Carlos Trejo-García, Humberto Ríos-Bolívar and Ana Lilia Valderrama-Santibáñez 13. The Robustness of Okun’s Law: Evidence from Mexico. A Quarterly Validation, 1985.1–2006.4 Eduardo Loría and Leobardo de Jesús

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