This volume deals with macroeconomic issues and their relation with economic growth. Frustrating GDP growth has been a lasting feature of Latin American economies since the 1980s. Analyzing the policy measures that were taken in a bid to avoid costly mistakes and recover economic growth, this volume examines existing reforms and suggests areas of policy change to achieve macroeconomics for growth.

STEPHEN GELB Executive Director, the EDGE Institute and Visiting Professor in Development Studies, University of the Witwatersrand, South Africa
JOSÉ LUIS MACHINEA Executive Secretary, Executive, Economic Commission for Latin America and the Caribbean (ECLAC), Chile
ZAINAL-ABIDIN MAHANI Professor, University of Malaysia, Malaysia
JOSÉ ANTONIO OCAMPO Under-Secretary for Economic and Social Affairs of the United Nations, New York, USA
KWANHO SHIN Professor, Korea University, Republic of Korea
LEONARDO VILLAR Member, Board of the Central Bank of Colombia and Professor of Economics, University of Los Andes, Colombia
YUNJONG WANG Vice President, Economic Research Office, SK Research Institute for SUPEX Management, Republic of Korea
ROBERTO ZAHLER President, Zahler & Co., Chile

List of Tables List of Figures List of Contributors Foreword; J.L.Machinea Preface; R.Ffrench-Davis Macroeconomics-for-growth under Financial Globalization: Four Strategic Issues for Emerging Economies; R.Ffrench-Davis Overcoming Latin America's Growth Frustrations: The Macro and Mesoeconomic Links; J.A.Ocampo Macroeconomic Stability and Investment Allocation of Domestic Pension Funds in Emerging Economies: The Case of Chile; R.Zahler Real Macroeconomic Stability and the Capital Account in Chile and Columbia; R.Ffrench-Davis & L.Villar Macroeconomic Adjustments and the Real Economy in Korea and Malaysia since 1997; Z-A.Mahani, K.Shin & Y.Wang Macroeconomics in Post-Apartheid South Africa: Real Growth versus Financial Stability; S.Gelb