We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Comparing the consequences of 1990s reforms in Latin America and East Europe - Essay Example

Comments (0)
In the second half of the 1980s, as well as the most part of the 1990s, change of profound proportions swept through economies of East Europe and Latin America. The reform strategy centered primarily on ensuring effective development of both regions’ economies through import…
Download full paper
Comparing the consequences of 1990s reforms in Latin America and East Europe
Read TextPreview

Extract of sample
"Comparing the consequences of 1990s reforms in Latin America and East Europe"

Download file to see previous pages After the adoption of the macroeconomic strategies in the 1990s, both regions had high hopes that the new models would produce dynamic economies and abandon the legacy of sluggish growth, which was evident in the 1980s. However, in practice, the results of the macroeconomic strategies were neither as effective as economic enthusiasts expected, nor as bad as economic critics predicted. Therefore, there is a need to take stock of the implications of policy implementation in the regions in the 1990s. This paper will examine the consequences of the 1990s reforms in East Europe and Latin America by examining the policies and anticipated outcomes for the reforms, as well as the consequences of these strategies.
Latin America is among the world’s developing region. The region attained political autonomy roughly in the early 19th century. The colonial past, as well as the variety of primary products available for export, strongly influenced the economic development of the region’s societies. This is largely because it was through these export products that the societies entered the global system of production specialization during the last half of the 20th century. The marginal position of Latin American nations, which exported extractive or tropical agricultural crop to the developed world, was not conducive to interdependence among the region’s economies, particularly in the areas of investment and trade (Pop- Eleches 64). As a consequence, during the initial half of the 20th century, the region’s economies responded to economic crises through industrialization oriented towards domestic markets. The beginning of the 1980s witnessed massive economic changes in developed economies such as Great Britain and the US. Global inflation adversely affected the price of primary products produced in Latin America. This resulted in massive ...Download file to see next pagesRead More
Comments (0)
Click to create a comment or rate a document
Regionalism in Latin America
Regionalism has revived and changed dramatically in the 21st century following the decline in theory and practice of the globalization in 1970s. Currently, it seems to have overtaken the emerging potent of globalization, especially in the Latin America. Regionalism is a component of globalization but it may be a cause of threat to the globalization too.
10 Pages(2500 words)Essay
Latin America
It is rightly argued that an honest American quest to oust the European colonial powers for the better political future of the Latin people was made, but unfortunately it later turned out into the strengthening of its own strategic interests in the region.
5 Pages(1250 words)Essay
Latin america
Everyone who disagreed with the government was targeted, labeled a communist or an internal enemy. It is noteworthy, that the Mayan people in Guatemala were
2 Pages(500 words)Essay
Latin America
Moreover, pros and cons of tourism in Caribbean Islands are briefly enclosed as well. In the last part of the report, the altitudinal zonation model for Latin America showing elevations, names of the zones along with climate diversity is
6 Pages(1500 words)Essay
Latin America
The second set of countries which face the Pacific such as Chile and Colombia, favor globalization and thus embrace free markets and free trade. European colonization had a great influence
1 Pages(250 words)Essay
Latin America
One of the regions that have been experiencing significant transformation is Latin America. The region has witnessed the rise of population and hence increased human activities. A reflection on how human population has
2 Pages(500 words)Essay
Latin America
The geography of the region is normally likened to a bowl of some sorts because of its interior that is flat and surrounded by mountains (Carlson, 1952). Apart from the plains at the coasts that are narrow, the Latin America is basically composed of
2 Pages(500 words)Essay
Latin America
Thus, the ecosystem changed a lot. So many animals around the areas where the dams were built died. Also, the forests were cleared. This aspect changed the ecosystem of the areas
2 Pages(500 words)Essay
Latin America
Historic culture of people of South America grew in connection to different landscapes (Un-Habitat, 2012). The pacific coast, the amazon basin and the Andes are the three major regions of early development. For instance, the
2 Pages(500 words)Essay
Weddings in The Middle East, Europe and America
Each has a rich history of the origin and the evolution of wedding in their respective societies. Additionally, the type of food and how it is handled is symbolic in wedding ceremonies; and vary across the three
5 Pages(1250 words)Research Paper
Let us find you another Essay on topic Comparing the consequences of 1990s reforms in Latin America and East Europe for FREE!
Contact us:
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us