000			02161nam a2200193Ia 4500
003			OSt
005			20160520165546.0
008			150210s9999 xx 000 0 und d
020			_a978-81-314-2014-0
082			_bPAI _a338.9
100			_aPain, Asis Kumar (ED) _922664
245			_aGlobalisation _bLatin American Experience _cPain, Asis Kumar
260			_bThe ICFAI university Press _aHyderabad _c2008
300			_aVIII, 211
520			_aProduct Description After the lost decade of the 1980s, the 1990s were a distinct improvement for Latin America with the continent embracing the structural reform process. GDP growth rose as high as 4 percent in 1997 prior to the outbreak of the crisis in Asia and in the emerging markets. On a country basis, 17 countries were found to have raised their average annual growth rate in the 1990s (average per capita income in the region grew 1.5 percent per annum in the 1990s) compared to the 1980s. Besides, 24 countries showed a reduction in the volatility of their growth performance while 13 countries achieved both higher growth and greater stability of growth. Inflation was also brought down to single-digit-level after decades of double-digit inflation. These enhanced economic performance had its reflection in the various parameters of social progress. Between the period 1975 and 1997, the gap in the UNDP s Human Development Index was reduced by more than 20 percent, reflecting a substantial improvement in social indicators. Despite these positive directions of economic development, the extent of poverty still affected 36 percent of Latin Americans. Income distribution across quintiles or deciles continued, thus presenting a discouraging picture. The aforementioned portrayal brings up the Latin American development initiated with the globalization process. The present volume is a modest effort at capturing some essence of this process wherein the basic idea of the circumstances for embracing globalization and economic development ushered thereon, supplemented with individualistic experiences, are examined
650			_aGlobalization _922665
942			_2ddc _cBK
999			_c39605 _d39605