The Elusive Quest for Growth in Argentina [Paperback]

This book explores a big puzzle in development economics - why Argentina, despite rich natural resources and ample human capital, has endured such poor growth performance. The authors use rigorous economic analysis and an institutional and historical approach to show what went wrong, in a timely contribution to the sustainable development debate.The Changing Development Thinking PART I: ECONOMIC AND INDUSTRIAL GROWTH IN ARGENTINA: DETERMINANTS AND POLICIES Key Features of the Economic, Development, and Political Evolution An Account of Productivity Evolution Determinants of Growth in 1962 - 1974 Determinants of Growth in 1975 - 2000 The Crisis in 2001 - 2002 PART II: THE PERFORMANCE OF ARGENTINE MANUFACTURING FIRMS UNDER THE CONVERTIBILITY LAW Innovation and Productivity Foreign Direct Investment Spillovers and the Absorption Capabilities of Domestic Firms Environmental Management and Innovation Activities Overview and Policy Implications

This brilliant book by Chudnovsky and L?pezbrings together their decades-long and careful study of the Argentine economy in the Post-War period. This is one of the finest books available on Argentina, co-authored by two of the best economists of that country.

- Jorge Niosi, Professor of Management Science, Universit? du Qu?bec ? Montr?al

This is more than an excellent introduction to disappointing Argentine economic development over the last half century. The volume also confronts alternative explanations for lack of growth, thereby developing a more comprehensive view where industrial structure, technology, and institutions all enter. It merits attention.

- Albert Fishlow, Professor of International Affairs and Director, Center for Brazilian Studies, Columbia University

Through detailed, rigorous, and scholarly analysis, the authors make insightful contributions to the literature on Argentina's economy and the broader understanding of the develol,