<i>‘A fantastic set of studies on the comparative political economy of Latin America, and an indispensable volume for anyone interested in understanding economic development in a historical context.’</i>
- Dani Rodrik, Harvard University, USA,
<i>‘</i>The Elgar Companion to the Economies of Latin America and the Caribbean<i> offers a compelling and thorough comparative analysis of the region’s diverse economic landscapes and development trajectories. Francisco Rodríguez brings together thinkers from different perspectives in terms of their intellectual tradition and schools of thought. A must-read for scholars and policymakers alike.’</i>
- Luis Felipe López-Calva, Global Director for Poverty and Equity, the World Bank,
<i>‘In this edited volume, Francisco Rodríguez and his contributors bring a fresh set of answers to the perennial question of how Latin America fell behind. They both revisit old topics and bring new angles such as gender, social movements and the criminal economy, along with twenty country case studies. This is an important contribution for academia and policymaking alike.’</i>
- Felipe Valencia Caicedo, Brown University, USA,
Rather than seeking another universal model, chapters delve into regional and country-specific challenges, analyzing them within their historical, institutional, and economic contexts. Instead of a new ‘consensus’, they advocate for a new conversation: one that moves beyond rigid frameworks and embraces the complexity of the region’s economies, societies, and histories. The Companion examines critical challenges such as governance failures, state capture, and the role of political elites in shaping economic outcomes, emphasizing the need to strengthen institutions, promote economic diversification, and invest in human capital. Ultimately, it underscores the importance of fostering a more nuanced debate: one that acknowledges the diversity of Latin America’s economies and histories while identifying actionable strategies for inclusive growth, resilience, and long-term development.
The Elgar Companion to the Economies of Latin America and the Caribbean is a vital resource for students and scholars of development, international economics and political economy. Historians of Latin America and practitioners in political science will also benefit from the book’s detailed insights.