The economies of Latin America have undergone a deep process of change
in the last decade as a result of the application of major reforms. The
outcome can be fairly described as a New Economic Model. This New
Economic Model is distinguished from its predecessor, in force before
the 1980s debt crisis, by an emphasis on market forces and export-led
growth. This book explores the main features of the New Economic Model
in Latin America and, through analysis of the reform process and case
studies, examines its impact on income distribution and poverty.