The three articles and one book review which comprise this issue study such topics as poverty and inequality in the post-NAFTA years, the fiction of Perla Suez, fiscal rules in Brazil, and the alliance between Argentina and the United States.
Contributors hail from Florida Atlantic University, the University of Illinois at Urbana-Champaign, and the Federal University of Pernambuco, Brazil.
(Latin American Studies Program, University of Delaware, Newark, DE, 2008-01-30) Alvarado, Emmanuel
This article analyzes the progress obtained in diminishing poverty and inequality in Mexico during the post-NAFTA years ranging from 1994 to 2007, and how it pertains to the broad critical debate surrounding poverty-gap reduction in the context of regional and international economic integration and trade liberalization. Specifically, the article discusses the evolution of Mexican rural and urban poverty, income and regional disparities, as well as the role of government spending after the enactment of NAFTA and within the framework of economic liberalization marked by expanded international trade and investment, particularly with the United States. Additionally, this article links the persistence of poverty and inequality under economic liberalization to the discussion regarding the escalation of rural and urban migration to the US.
(Latin American Studies Program, University of Delaware, Newark, DE, 2008-01-30) Santos de Souza, Saulo
This work examines the influences of fiscal rules on fiscal stabilization of the Brazilian states. In addition, we investigate whether fiscal policy rules have promoted socio-economic development in the country. The statistical results point to a linear negative association between the budget balance of the states and important expenditure items, e.g., public investments, personnel payroll, and social spending. We conclude that, despite the success of the rules for Brazil’s macroeconomic stability, a fall in the level of public deficit has not been able to increase the GDP per capita in the country.1