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.

Autorentext
DANIEL CHUDNOVSKY is Professor of Economic Development, University of San Andres, Columbia and Director, Centro de Investigaciones para la Transformacion (CENIT).
ANDRES LOPEZ is Associate Professor of Development Economics, University of Buenos Aires, Argentina, and Principal Researcher, Centro de Investigaciones para la Transformacion (CENIT).

Inhalt
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