Latin America's new economic model: Micro responses and economic restructuring

被引:19
作者
Reinhardt, N [1 ]
Peres, W
机构
[1] Smith Coll, Northampton, MA 01063 USA
[2] Comis Econ Amer Latina & Carib, Santiago, Chile
关键词
Latin America; economic reforms; new economic model; microeconomics; structural change;
D O I
10.1016/S0305-750X(00)00044-9
中图分类号
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号
0201 ; 020105 ; 03 ; 0303 ;
摘要
This paper introduces a special issue on the microeconomics of Latin America under the New Economic Model (NEM). The paper reviews the rationale and policies of the NEM, and analyzes the impact of the reforms at the macroeconomic, sectoral and microeconomic levels. At the firm level, the contributions to this issue demonstrate that a considerable adjustment process is taking place. As sectoral structural change indices demonstrate, however, this has not resulted in widespread shifts of resources between sectors, nor has it resulted in significant improvement in overall employment, productivity, and growth. The authors analyze the reasons for this disjuncture, and suggest policy alternatives. (C) 2000 Elsevier Science Ltd. All rights reserved.
引用
收藏
页码:1543 / 1566
页数:24
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