Market, Socialist, and Mixed Economies: Comparative Policy and Performance--Chile, Cuba, and Costa Rica

How can we determine which economic model best provides for economic development and social welfare? In this major comparative work, noted economist Carmelo Mesa-Lago analyzes three Latin American countries with divergent economic systems: Chile (a market economy), Cuba (socialist), and Costa Rica (mixed). He examines their economic and social policies, shows how these policies affect performance based on a set of socioeconomic variables, and ranks the countries among themselves (using new techniques) and in comparison with international indicators. The time frame of the study embraces thirty-eight years for Costa Rica (under the democratic social democracy) and Cuba (under the socialist revolution) and twenty-four years for Chile (under Pinochet and the return to democracy). Mesa-Lago focuses on the three diverse socioeconomic models that these countries represent during these periods.

Author: Carmelo Mesa-Lago
Publisher: Johns Hopkins University Press
Published: 11/05/2003
Pages: 736
Binding Type: Paperback
Weight: 2.42lbs
Size: 9.20h x 6.10w x 1.77d
ISBN: 9780801877483

About the Author

Carmelo Mesa-Lago is theDistinguished Service Professor Emeritus of economics and Latin American studies at the University of Pittsburgh and a former professor of international relations at Florida International University. His works on Latin America's social security and health care, the Cuban economy, and comparative economic systems have been published in eight languages and in thirty-two countries.

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