Economic Liberalization: Neoliberalism
The focus on the article written by Michael Walton was “neoliberalism” and its effects on economic and social development in recent Latin American history. Walton explains two ways in which neoliberalism is used; the first being a narrow usage and…
Could Latin America Be the Next Sweden?
The reading for this week by Huber and Solt (2004) describes the success and failure of neoliberalism in Latin America. Huber and Solt use five main indicators to measure the growth regarding the development model. These measurements consist of growth,…
Context Matters: Assessing the Success of Neoliberal Policy
This week’s readings dealt with the impacts of neoliberalism on Latin American growth, development, and stability. Clearly, the pivot towards more open economic policy was an important turning point in the economic and political identity of Latin America. However, there…
Democracies Incentivising a State’s Wellbeing
Throughout this chapter, we are continuously reminded of the many fruits a democracy may bear, whether it be intentional or not. Focusing on the overall wellbeing of human life, Table 8.3 on page 225 clearly displays the infant mortality in…