Latin America is attracting increasing interest due to the strong economic performance of the last decade and to the political changes that are taking place. This book gives a unique, comprehensive, and up to date view of Latin America economic development over the two centuries since Independence....

Developing country debt crises have been a recurrent phenomenon over the past two centuries. In recent times sovereign debt insolvency crises in developing and emerging economies peaked in the 1980s and, again, from the middle 1990s to the start of the new millennium....

The first guide to this new financial trend. Credit securitization (also known as asset securitization) is a financial technology for packaging, underwriting, and selling loans in the form of securities....

There is growing dissatisfaction with the economic policies advocated by many international financial institutions. This book presents an alternative to \"Washington Consensus\" neo-liberal economic policies by showing that both macro-economic and liberalization policy must be sensitive to the particular circumstances of developing countries....

In the 1990s, \"protection,\" \"import substitution,\" and \"intervention\" have become dirty words, part of the \"leyenda negra\" of Latin America development in the post-war period....