Over the last two decades we have been witness to major changes in both the political systems and economic policies of Latin America. Of these countries the vast majority are now democracies with a general acceptance of market-orientated reform. However democracy and economic progress remain highly problematic, and the results of change have in some respects proved disappointing. There has been little increase in general per capita income since the early 1980s, internal inequalities have increased and although democracy has survived, political crises have been common. This unique series presents research that examines the interface between political change and economic policy. The series focuses on analysing research on the institutional features of particular countries, or of the region in general. It will clarify the key factors that have determined the outcomes of reform initiatives within the region.