Economic Development and Politics in Latin America

3 credits

ECONOM-3724

Economics
College of Arts and Science, College of Business

Latin America is a social, economic, and political kaleidoscope searching for development and prosperity for many decades. These objectives have eluded most of the region’s countries due to their institutional weaknesses, economic structures, social polarization, and self-serving political classes. This course questions how a well-endowed land, diverse society, and growing economies fail to improve most of its population’s quality of life. It begins with a brief historical overview of Latin America and looks at the region’s economic growth, development patterns, and leading social and political challenges and opportunities. The course analyzes the policy options and management exercised over time and promotes their discussion from an economic and political point of view. Through class discussions, reading, and researching, the course attempts to identify policy options and recommendations that could give the region an opportunity for sustainable growth. Thus, the course aims to introduce the students to the intricacies of Latin American politics and social and economic development while exposing them to policy-making and assessment. Prerequisites: ECONOM 1014 or ABM 1041 or equivalent.