Part I. Development paradigms and long-term growth performance. Shifting paradigms in Latin America's economic development / José Antonio Ocampo and Jaime Ros ; Institutions and the historical roots of Latin American divergence / Luis Bértola ; Political institutions, policymaking, and economic policy in Latin America / Martín Ardanaz, Carlos Scartascini and Mariano Tommasi ; The Washington Consensus : assessing a "damaged brand" / Nancy Birdsall, Augusto de la Torre, and Felipe Valencia Caicedo ; From old to new developmentalism in Latin America / Luiz Carlos Bresser-Pereira ; Environmental sustainability / Carlos J. de Miguel and Osvaldo Sunkel -- Part II. Macroeconomics and finance. Taming capital account shocks : managing booms and busts / Ricardo Ffrench-Davis and Stephany Griffith-Jones ; Exchange rate regimes in Latin America / Roberto Frenkel and Martín Rapetti ; Monetary policy in Latin America : performance under crisis and the challenges of exuberance / Pablo García-Silva and Manuel Marfán ; Domestic financial development in Latin America / José María Fanelli ; Fiscal policy in Latin America / Mauricio Cárdenas and Guillermo Perry ; Fiscal legitimacy, inequalities and democratic consolidation in Latin America / Javier Santiso and Pablo Zoido -- Part III. Integration into the world economy. Latin America in the world trade system / Diana Tussie ; Regional integration / Paolo Giordano and Robert Devlin ; The effects of trade liberalization on growth, employment and wages / Eduardo Lora ; The recent commodity price boom and Latin American growth : more than new bottles for an old wine? / Edmar L. Bacha and Albert Fishlow ; Curse or blessing? Natural resources and human development / José Gregorio Pineda and Francisco Rodríguez ; Foreign direct investment in Latin America / João Carlos Ferraz, Michael Mortimore and Márcia Tavares ; China and the future of Latin American economic development / Kevin P. Gallagher and Roberto Porzecanski ; Latin America in the recent wave of international migration / Alejandro I. Canales -- Part IV. Productive sector development. Structural transformation and economic growth in Latin America / Ricardo Hausmann ; Learning, technological capabilities and structural dynamics / Mario Cimoli and Gabriel Porcile ; Why has productivity growth stagnated in most Latin American countries since the neo-liberal reforms? / José Gabriel Palma ; Agricultural and rural development / Salomón Salcedo, Fernando Soto-Baquero, José Graziano Da Silva, Rodrigo Castan̋eda Sepúlveda, and Sergio Gómez Echenique ; An energy panorama of Latin America / Humberto Campodónico ; Infrastructure in Latin America / César Calderón and Luis Servén -- Part V. Social development. The rise and fall of income inequality in Latin America / Leonardo Gasparini and Nora Lustig ; Multidimensional poverty in Latin America : concept, measurement and policy / Rebeca Grynspan and Luis F. López-Calva ; Economic insecurity and development in Latin America and the Caribbean / Rob Vos ; Employment : the dominance of the informal economy / Victor E. Tokman ; Latin American labor reforms : evaluating risk and security / María Victoria Murillo, Lucas Ronconi, and Andrew Schrank ; Education / Miguel Urquiola ; Social assistance in Latin America : achievements and limitations / Francisco H.G. Ferreira and David A. Robalino ; Social security reforms in Latin America / Andras Uthoff.