The Political Economy of Poverty, Equity, and Growth: Costa Rica and Uruguay (World Bank Comparative Study)

Costa Rica, though largely an agricultural country, has achieved a stable government and a relatively high standard of living. The people of Uruguay have suffered tremendously from the instability of their government, inflation, and the resulting price control and devaluation of their peso. In this work, leading economists originally from these countries compare and contrast the existing equity and growth patterns of Costa Rica and Uruguay. They explore government policies and discuss how development economics is and is not working in both of these countries.