Development Postponed: The Political Economy of Central America in the 1980s, 1st Edition (Hardback) book cover

Development Postponed

The Political Economy of Central America in the 1980s, 1st Edition

By Richard E. Feinberg


82 pages

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Hardback: 9780367010621
pub: 2018-09-18

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The collapse of political institutions and the failure of economic development models in Central America have turned the region into an ideological battleground. Central Americans are now debating— and fighting over—different conceptions of how to constitute society, the best way to organize production and to distribute benefits, and the political structures best suited to protecting the region's security and ensuring its future prosperity. This book examines die economic and political roots of the current crisis, reviewing the different strategies governments have adopted to cope with their financial woes and evaluating the role that international financial assistance has played in postponing adjustment to the crisis. The region's economies are carefully analyzed to highlight sectors with the potential to generate recovery and growth, and the larger political economy models that might direct the development process are also evaluated. The authors close with a discussion of the fundamental question: Can a Central America composed of a heterogeneous mix of national political economies live at peace with itself and the world?

Table of Contents

Preface -- Background to the Crisis -- Financial stabilization and structural change -- Economic Growth and Political Order -- Summary and Conclusions -- List of Conference Participants -- Other Books Published by the Overseas Development Council -- Other Books Published by the Latin American Studies Program, School of Advanced International Studies The Johns Hopkins University

About the Author

Richard Feinberg is professor of international political economy at the Graduate School of International Relations and Pacific Studies, University of California, San Diego. He has written widely on international finance and trade and US-Latin American relations and his latest book is Summitry in the Americas. Currently he teaches a course on civil society in developing economies and is book reviewer for the Western Hemisphere section of Foreign Affairs magazine.

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