The Austrian economists Ludwig von Mises and Friedrich A. Hayek developed a unique theory of the business cycle. In their view, an unsustainable boom ensues when the rate of interest prevailing in the market falls below the natural rate. The boom is characterized not only by an increase in...

"This book reframes the purpose of infrastructure from being an input to economic growth to becoming a major instrument in reducing socio-economic inequalities in both industrialized and developing countries. Drawing on global and national lessons of COVID-19 and extensive working experience in...

Cover -- Half Title -- Series Page -- Title -- Copyright -- Contents -- List of illustrations -- Notes on contributors -- Acknowledgments -- Prologue to the English edition -- Prologue to the Spanish edition -- 1 Introduction -- 2 The evolution of urban policy in developing countries: a...

1. The emergence of neo-liberalism in Latin America : situating the Argentine experience -- 2. State performance and institutional capacity in development -- 3. The Argentine crisis : what happened? -- 4. Stabilization in 2002 : stopping the free fall into poverty -- 5. Electing a new government...