Market, Socialist, and Mixed Economies: Comparative Policy and Performance--Chile, Cuba, and Costa Rica - Hardcover

Mesa-Lago, Professor Carmelo

Hardcover

ISBN 10: 0801861721 ISBN 13: 9780801861727

Publisher: The Johns Hopkins University Press, 2000

Synopsis

How can we determine which economic model best provides for economic development and social welfare? In this major comparative work, noted economist Carmelo Mesa-Lago analyzes three Latin American countries with divergent economic systems: Chile (a market economy), Cuba (socialist), and Costa Rica (mixed). He examines their economic and social policies, shows how these policies affect performance based on a set of socioeconomic variables, and ranks the countries among themselves (using new techniques) and in comparison with international indicators. The time frame of the study embraces thirty-eight years for Costa Rica (under the democratic social democracy) and Cuba (under the socialist revolution) and twenty-four years for Chile (under Pinochet and the return to democracy). Mesa-Lago focuses on the three diverse socioeconomic models that these countries represent during these periods.

About this title

About the Author:

Carmelo Mesa-Lago is theDistinguished Service Professor Emeritus of economics and Latin American studies at the University of Pittsburgh and a former professor of international relations at Florida International University. His works on Latin America's social security and health care, the Cuban economy, and comparative economic systems have been published in eight languages and in thirty-two countries.

Review:

"[Market, Socialist, and Mixed Economies] is in my view the best comparative study involving these three Latin America economies. Carmelo Mesa-Lago has succeeded in bringing together rich empirical evidence within an attractive conceptual framework. He has greatly advanced our understanding of the functioning of the socialist, mixed and market economies." -- Jan Svejnar, Revista de Ciencias Sociales, Costa Rica

About this edition

• Publisher: The Johns Hopkins University Press
• Publication date: 2000
• ISBN 10: 0801861721
• ISBN 13: 9780801861727
• Binding: Hardcover
• Edition number: 1
• Number of pages: 736