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Economics 464: Economic Problems of Latin AmericaSpring, 2013Professor J. GerberPhone: 594-5532Email: jgerber@mail.sdsu.eduOffice: AH 4180Office hours: Tuesday 11-12 and Wednesday 10-12; and by appt.Course objectiveThis is a general introduction to contemporary Latin American economies. The objective of Economics 464 is to analyze economic growth, crisis, and policy reform in Latin America during the second half of the 20th century and the first decade of this century. We will examine the various currents in Latin American economic policies, including dependency theory, import substitution industrialization, economic populism, neoliberalism, and socialism. ReadingsThere are four books for the course. We will read all four in the order they are listed. Please note that the Weitzman book is available as an e-book through the library’s Website.Havana Real: One Woman Fights to Tell the Truth about Cuba Today, Yoani Sanchez Latin Lessons: How South America Stopped Listening to the United States and Started Prospering, Hal Weitzman The Accidental President of Brazil: A Memoir, Fernando Henrique CardosoLeft Behind: Latin America and the False Promise of Populism, Sebastian EdwardsGrades, assignments, and gradingYour grade will be based on the following:Quizzes on the readings: 20%Two short papers: 20%Map quiz: 5%Midterm: 25%Final: 30%Quizzes are unannounced. There are four papers assigned, you can do any two you prefer. Each is 4-6 pages. Course grades are based on the following scale: 85-100% is in the A range, 75-84 is in the B range, 60-74 is a C, 50-59 is a D.Unsolicited adviceCome to class, do the readings on time, take notes on both the lectures and the readings. Important datesMap quiz: Thursday, January 24Paper 1 on the human development index (HDI): Thursday, February 14.Paper 2 on GDP per capita and economic growth: Tuesday, March 5.Midterm: Tuesday, March 5Paper 3 on trade: Thursday, April 18Paper 4 on inequality: Tuesday, May 7Final exam: Section 1’s (Section 1 meets at 9:30-10:45) exam is on Thursday, May 16 at 8:00am. Section 2’s (Section 2 meets at 3:30-4:45) exam is on Thursday, May 9 at 4:00pm.COURSE OUTLINEIntroduction (January 17-31)Readings: Yoani Sanchez, Havana Real. Read 2007 and 2008 by January 24.Read 2009 and 2010 by January icsWhat is Latin America?Romantic CubaUseful economic conceptsData sourcesPapers: contents and formatsPopulism (February 5-28)Readings: Hal Weitzman, Latin Lessons.Preface and Chapters 1-3 (up to page 74) by February 7Chapters 4-6 (pages 75-143) by February 14Chapters 7-9 (pages 144-198) by February 21Chapters 10-12 (pages 199 to end) by February 28TopicsWashington ConsensusGrowth failuresNew nationalismsVenezuela, Bolivia, and EcuadorIntermezzo (March 5-14)Readings: Fernando Henrique Cardoso, The Accidental PresidentRead the whole book by March 14TopicsISI and dependency theoryThe dirty warsBrazil’s journey: Between populism and neoliberalismAnti-populism (March 19-April 30)Readings: Sebastian Edwards, Left BehindPreface and Chapter 1 (to page 20) by March 21Chapters 2-3 (pages 21-70) by March 28Chapters 4-5 (pages 71-121) by April 11Chapters 6-7 (pages 122-164) by April 18Chapters 8-9 (pages 165-222) by April 25Chapter 10 (pages 223-236) by April 30TopicsLate developmentMacroeconomic mismanagementCase studies: Chile, Mexico, and ArgentinaPopulism and the Washington Consensus revisitedSumming up (May 2-7)TopicsGrowth and stabilityInequality ................
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