THORP, Rosemary 1940-

PERSONAL: Born October 2, 1940; daughter of Hugh W. and Angela Mason; married Timothy L. Thorp, 1964; children: Two. Education: University of Oxford, B.A., 1962, M.A., 1966.

ADDRESSES: Home—Park Farm, Harcourt Rd., Malvern WR14 4DW, England. Offıce—Latin American Centre, St. Antony's College, University of Oxford, Oxford OX2 6JF, England. E-mail—rosemary.thorp@ qeh.ox.ac.ok.

CAREER: Economist and educator. University of California, Berkeley, lecturer, 1967-70; St. Antony's College, Oxford, Oxford, England, research officer, 1962-67, lecturer in economics of Latin America, 1971—, fellow, 1979—, director of Latin-American Center, acting director of Queen Elizabeth House, 2001-02; Oxfam, chair of trustees.

WRITINGS:

(Editor with Victor L. Urquidi) Latin America in the International Economy (proceedings of a conference held by the International Economic Association in Mexico City, Mexico), Wiley (New York, NY), 1973.

(With Geoffrey Bertram) Peru, 1890-1977: Growth and Policy in an Open Economy ("Columbia Economic History of the Modern World" series), Columbia University Press (New York, NY), 1978.

(Editor with Laurence Whitehead) Inflation and Stabilisation in Latin America, Holmes and Meier Publishers (New York, NY), 1979.

(Editor) Latin America in the 1930s: The Role of the Periphery in World Crisis, St. Martin's Press (New York, NY), 1984, revised and included as Volume 2 in An Economic History of Twentieth-Century Latin America, 2000.

(Editor with Laurence Whitehead) Latin-American Debt and the Adjustment Crisis, University of Pittsburgh Press (Pittsburgh, PA), 1987.

Política económica y planificación de largo plazo en el modelo heterodoxo, Presidencia de la República, Instituto Nacional de Planificación (Lima, Peru), 1987.

(With others) Las crisis en el Ecuador: los treinta y ochenta, Corporación Editora Nacional (Quito, Equador), 1991.

Economic Management and Economic Development in Peru and Colombia ("Pitt Latin American" series), University of Pittsburgh Press (Pittsburgh, PA), 1991.

Progress, Poverty, and Exclusion: An Economic History of Latin America in the Twentieth Century, Inter-American Development Bank (Washington, DC), 1998.

(Editor with Judith Heyer and Frances Stewart) Group Behaviour and Development: Is the Market Destroying Cooperation? ("WIDER Working Papers" series), United Nations University, World Institute for Development Economics Research (Helsinki, Finland), 1999, Oxford University Press (New York, NY), 2002.

(Editor with Enrique Cárdenas and José Antonio Ocampo) An Economic History of Twentieth-Century Latin America, Volume 1: The Export Age: The Latin American Economies in the Late Nineteenth and Early Twentieth Centuries, Volume 2: Latin America in the 1930s: The Role of the Periphery in World Crisis, Volume 3: Industrialization and the State in Latin America: The Postwar Years, Palgrave (New York, NY), 2000.

(With Alan Angell and Pamela Lowden) Decentralizing Development: The Political Economy of Institutional Change in Colombia and Chile ("Queen Elizabeth House Development Studies" series), Oxford University Press (New York, NY), 2001.

SIDELIGHTS: Rosemary Thorp has written and edited a number of volumes that study the economics and development of Latin America. An early book, Peru, 1890-1977: Growth and Policy in an Open Economy, written with Geoffrey Bertram, addresses Peru's economic struggle and suggests that the country's stability during this period is the result of its export of minerals, along with the attendant influx of foreign capital. The authors point out that foreign interests gained greater control of Peru's economy, and that other industries, including nonexport agricultural and industrial development, suffered as a result. In addition, the balance of wealth tipped in favor of the coastal areas, leaving the highlands poor.

Jonathan Brown said, in Journal of Economic History, that he questioned the authors' pessimism, noting that while they "view foreign investment as counterproductive because of insufficient returns to the host country, their data on foreign companies show that over time the returns grew. . . . Despite my reservations, I admire the authors' scholarly work. Their empirical research, sectoral analysis, and understanding of the growth process should be the envy of everyone writing on the economic history of Latin America."

In Inflation and Stabilisation in Latin America Thorp and Laurence Whitehead present six analyses of attempts by governments to promote growth and stabilize their economies. The studies came from seminars held in Oxford in 1978. The countries and periods studied are Mexico from 1960-77, Chile from 1970-77, Peru from 1975-78, Uruguay since the 1950s, Argentina from 1973-76, and Brazil since 1973. Thorp and Whitehead follow the impact of the actions by the International Monetary Fund that enforced economic policies to fight inflation and promote growth.

Roque B. Fernández wrote in Journal of Political Economy that Inflation and Stabilisation in Latin America "provides a set of studies with very good descriptions of the policy-making process in economies characterized by an unstable political framework." A Choice reviewer said that the book "successfully breaks the bounds of economics to consider the social impact and consequences of the unrestrained application of orthodox economic policies." Perspective's Leonard Cardenas, Jr., meanwhile, noted that each contribution can stand alone, and added that "the editors provide a common focus to relevant policy issues as well as valuable observations and insights."

Thorp and Whitehead also coedited a collection of studies in Latin American Debt and the Adjustment Crisis that focus on Mexico, Brazil, Chile, Argentina, Peru, Colombia, and the general Central American region. "The country studies are detailed chronologies of policies and their outcomes," commented Marjorie Woodford Bray in American Political Science Review. "They reveal, particularly for the more advanced economies, the wide array of options that have become available to authorities practicing interventionist national economic management." Choice's R. E. Will called this volume "a valuable updating of the editors' earlier Inflation and Stabilisation in Latin America."

Economic Management and Economic Development in Peru and Colombia is Thorp's comparative study of the economic policies of these two countries in the twentieth century. Hispanic American Historical Review contributor Eva A. Paus wrote that "Thorp's study highlights the importance of the historical and institutional context that shapes the dynamics and structural characteristics of an economy, as well as the parameters affecting policymaking and effectiveness. Her story is intriguing and, for the most part, convincing."

In a Journal of Development Studies review, Colin M. Lewis called Poverty, Progress, and Exclusion: An Economic History of Latin America in the Twentieth Century an "outstanding economic history" of this region. Lewis wrote that the volume "captures the growth history and current reality of Latin America by means of an integrated analysis of the interface amongst political and social forces, institutional inheritance and economic outlooks. It is this, coupled with an emphasis on the global setting, policy considerations and the macroeconomic, which makes for a successful resolution of the problematic of perio disation—how to elaborate a chronology that illuminates, rather than over-homogenizes, the continental experience."

John Sheahan, meanwhile, said in the Journal of Latin American Studies that "the book's main themes emphasize the costs of reliance on primary exports as the dominant engine of growth up to the depression of the 1930s, the depth and persistence of inequality, the need for state leadership to guide development, the growing disequilibria of the state-led model in its later stages, and the widely diverse national responses to the 'new paradigm' of economic liberalism following the debt crisis of the 1980s." The volume evolved from a project jointly sponsored by the Inter-American Development Bank and the European Union.

Thorp's Latin America in the 1930s: The Role of the Periphery in World Crisis was updated and included as the second volume of An Economic History of Twentieth-Century Latin America, three volumes edited by Thorp, Enrique Cárdenas, and José Antonio Ocampo. Together, the three volumes cover approximately one hundred years of economic history. Choice reviewer J. L. Dietz said all three volumes "are extremely well-written, relatively comprehensive, and analytically challenging. Scholars and researchers will find them immensely important."

BIOGRAPHICAL AND CRITICAL SOURCES:

periodicals

American Political Science Review, March, 1989, Marjorie Woodford Bray, review of Latin American Debt and the Adjustment Crisis, pp. 369-370.

Americas, April, 1981, Ronald Bruce St. John, review of Peru, 1890-1977: Growth and Policy in an Open Economy, p. 26.

Annals of the American Academy of Political and Social Science, January, 1980, Susan Ramirez-Horton, review of Peru, 1890-1977, p. 115.

British Book News, April, 1985, Colin Henfrey, review of Latin America in the 1930s: The Role of the Periphery in World Crisis, p. 217.

Business History, January, 2000, Charles Jones, review of Poverty, Progress, and Exclusion: An Economic History of Latin America in the Twentieth Century, p. 136; January, 2002, Tamas Szmrecsanyi, review of An Economic History of Twentieth-Century Latin America, Volume 3: Industrialization and the State of Latin America: The Postwar Years, p. 132.

Choice, May, 1979, review of Peru, 1890-1977, p. 430; July, 1980, review of Inflation and Stabilisation in Latin America, p. 707; April, 1985, review of Latin America in the 1930s, p. 1206; November, 1987, R. E. Will, review of Latin American Debt and the Adjustment Crisis, p. 524; March, 1992, M. C. Bird, review of Economic Management and Economic Development in Peru and Colombia, p. 1132; March, 1999, J. L. Dietz, review of Progress, Poverty, and Exclusion, p. 1312; October, 2001, J. L. Dietz, review of An Economic History of Twentieth-Century Latin America, pp.357-358.

Comparative Economic Studies, fall-winter, 1992, W. Paul Strassmann, review of Economic Management and Economic Development in Peru and Colombia, p. 111.

Economic Development and Cultural Change, July, 1994, Lisa L. North, review of Economic Management and Economic Development in Peru and Colombia, p. 896.

Economic History Review, February, 2000, Paul Henderson, review of Progress, Poverty, and Exclusion, p. 207.

Economic Journal, February, 2000, Victor Bulmer-Thomas, review of Progress, Poverty, and Exclusion, p. F236.

Fletcher Forum, winter, 1988, Gloria Grandolini, review of Latin-American Debt and the Adjustment Crisis, pp. 201-203.

Foreign Affairs, May, 1999, Richard N. Cooper, review of Progress, Poverty, and Exclusion, p. 136.

Hispanic American Historical Review, February, 1993, Eva A. Paus, review of Economic Management and Economic Development in Peru and Colombia, pp. 176-177.

History, September, 1985, Michael Monteón, review of Latin America in the 1930s, pp. 10-11.

International Affairs, summer, 1988, George S. Abbott, review of Latin American Debt and the Adjustment Crisis, p. 539.

Journal of Development Economics, October, 1986, Albert Fishlow, review of Latin America in the 1930s, pp. 390-392.

Journal of Development Studies, October, 1986, David E. Hojman, review of Latin America in the 1930s, p. 149; February, 2000, Colin M. Lewis, review of Poverty, Progress, and Exclusion, p. 164.

Journal of Economic History, December, 1981, Jonathan Brown, review of Peru, 1890-1977, pp. 923-924.

Journal of Economic Literature, December, 1992, review of Economic Management and Economic Development in Peru and Colombia, p. 2275; December, 2001, review of An Economic History of Twentieth-Century Latin America, Volume 2: Latin America in the 1930s, p. 1367.

Journal of International Economics, May, 1988, Eliana A. Cardoso, review of Latin-American Debt and the Adjustment Crisis, p. 389.

Journal of Latin American Studies, May, 1999, John Sheahan, review of Progress, Poverty, and Exclusion, p. 540.

Journal of Political Economy, April, 1982, Roque B. Fernández, review of Inflation and Stabilisation in Latin America, pp. 441-442.

Latin American Research Review, summer, 1989, Sebastian Edwards, review of Latin-American Debt and the Adjustment Crisis, p. 172; summer, 1995, María Amparo Cruz Saco, review of Economic Management and Economic Development in Peru and Columbia, pp. 188-197.

Perspective, April, 1982, Leonard Cardenas, Jr., review of Inflation and Stabilisation in Latin America, pp. 65-66.

Times Literary Supplement, November, 1979, Harold Blakemore, review of Peru, 1890-1977, p. 34; January 18, 2002, Edward N. Luttwak, review of An Economic History of Twentieth-Century Latin America, pp. 12-13.

World Economy, Eliana Cardoso, review of Latin America in the 1930s, p. 424.

World Politics, January, 1987, Jane S. Jaquette and Abraham F. Lowenthal, review of Peru, 1890-1977, pp. 280-296.*