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Published in:
1996 | OriginalPaper | Chapter
The New Trade Regime, Macroeconomic Behaviour and Income Distribution in Latin America
Author : E. V. K. FitzGerald
Published in: The New Economic Model in Latin America and its Impact on Income Distribution and Poverty
Publisher: Palgrave Macmillan UK
Included in: Professional Book Archive
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The aim of this chapter is to explore the consequences for income distribution in Latin America of the new trade regime (NTR), which almost all governments in the region implemented during the 1980s in reaction to the perceived failure of the import substitution strategy of industrialisation and the need to recover investor credibility in the wake of the debt crisis.