Author: Paul Blustein
Publisher: Public Affairs
ISBN: 1586483811
Category : Business & Economics
Languages : en
Pages : 306
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Book Description
The author of "The Chastening" returns with this definitive account of the most spectacular economic meltdown of modern times as he exposes dangerous flaws of the global financial system.
Author: Paul Blustein
Publisher: PublicAffairs
ISBN: 1586485512
Category : Business & Economics
Languages : en
Pages : 310
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Book Description
In the 1990s, few countries were more lionized than Argentina for its efforts to join the club of wealthy nations. Argentina's policies drew enthusiastic applause from the IMF, the World Bank and Wall Street. But the club has a disturbing propensity to turn its back on arrivistes and cast them out. That was what happened in 2001, when Argentina suffered one of the most spectacular crashes in modern history. With it came appalling social and political chaos, a collapse of the peso, and a wrenching downturn that threw millions into poverty and left nearly one-quarter of the workforce unemployed. Paul Blustein, whose book about the IMF, The Chastening, was called "gripping, often frightening" by The Economist and lauded by the Wall Street Journal as "a superbly reported and skillfully woven story," now gets right inside Argentina's rise and fall in a dramatic account based on hundreds of interviews with top policymakers and financial market players as well as reams of internal documents. He shows how the IMF turned a blind eye to the vulnerabilities of its star pupil, and exposes the conduct of global financial market players in Argentina as redolent of the scandals -- like those at Enron, WorldCom and Global Crossing -- that rocked Wall Street in recent years. By going behind the scenes of Argentina's debacle, Blustein shows with unmistakable clarity how sadly elusive the path of hope and progress remains to the great bulk of humanity still mired in poverty and underdevelopment.
Author: Michael Reid
Publisher: Yale University Press
ISBN: 0300145268
Category : History
Languages : en
Pages : 363
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Book Description
The bestselling primer on the social, political, and economic challenges facing Central and South America by The Economist editor and author of Brazil. Latin America has often been condemned to failure. Neither poor enough to evoke Africa’s moral crusade, nor as explosively booming as India and China, it has largely been overlooked by the West. Yet this vast continent, home to half a billion people, the world’s largest reserves of arable land, and 8.5 percent of global oil, is busily transforming its political and economic landscape. This book argues that rather than failing the test, Latin America’s efforts to build fairer and more prosperous societies make it one of the world’s most vigorous laboratories for capitalist democracy. In many countries—including Brazil, Chile and Mexico—democratic leaders are laying the foundations for faster economic growth and more inclusive politics, as well as tackling deep-rooted problems of poverty, inequality, and social injustice. They face a new challenge from Hugo Chávez’s oil-fueled populism, and much is at stake. Failure will increase the flow of drugs and illegal immigrants to the United States and Europe, jeopardize stability in a region rich in oil and other strategic commodities, and threaten some of the world’s most majestic natural environments. Drawing on Michael Reid’s many years of reporting from inside Latin America’s cities, presidential palaces, and shantytowns, the book provides a vivid, immediate, and informed account of a dynamic continent and its struggle to compete in a globalized world. “No one who seriously aspires to discuss Latin American politics, economics, and culture should go without reading Forgotten Continent.”—National Interest
Author: Leonardo E. Stanley
Publisher: Anthem Press
ISBN: 1783086750
Category : Business & Economics
Languages : en
Pages : 260
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Book Description
In the past, foreign shocks arrived to national economies mainly through trade channels, and transmissions of such shocks took time to come into effect. However, after capital globalization, shocks spread to markets almost immediately. Despite the increasing macroeconomic dangers that the situation generated at emerging markets in the South, nobody at the North was ready to acknowledge the pro-cyclicality of the financial system and the inner weakness of “decontrolled” financial innovations because they were enjoying from the “great moderation.” Monetary policy was primarily centered on price stability objectives, without considering the mounting credit and asset price booms being generated by market liquidity and the problems generated by this glut. Mainstream economists, in turn, were not majorly attracted in integrating financial factors in their models. External pressures on emerging market economies (EMEs) were not eliminated after 2008, but even increased as international capital flows augmented in relevance thereafter. Initially economic authorities accurately responded to the challenge, but unconventional monetary policies in the US began to create important spillovers in EMEs. Furthermore, in contrast to a previous surge in liquidity, funds were now transmitted to EMEs throughout the bond market. The perspective of an increase in US interest rates by the FED is generating a reversal of expectations and a sudden flight to quality. Emerging countries’ currencies began to experience higher volatility levels, and depreciation movements against a newly strong US dollar are also increasingly observed. Consequently, there are increasing doubts that the “unexpected” favorable outcome observed in most EMEs at the aftermath of the Global Financial Crisis (GFC) would remain.
Author: Virginia Garrard-Burnett
Publisher: UNM Press
ISBN: 082635369X
Category : History
Languages : en
Pages : 351
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Book Description
The dominant tradition in writing about U.S.–Latin American relations during the Cold War views the United States as all-powerful. That perspective, represented in the metaphor “talons of the eagle,” continues to influence much scholarly work down to the present day. The goal of this collection of essays is not to write the United States out of the picture but to explore the ways Latin American governments, groups, companies, organizations, and individuals promoted their own interests and perspectives. The book also challenges the tendency among scholars to see the Cold War as a simple clash of “left” and “right.” In various ways, several essays disassemble those categories and explore the complexities of the Cold War as it was experienced beneath the level of great-power relations.
Author: Nicholas D'Avella
Publisher: Duke University Press
ISBN: 1478005114
Category : Social Science
Languages : en
Pages : 223
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Book Description
In Concrete Dreams Nicholas D’Avella examines the changing social and economic lives of buildings in the context of a construction boom following Argentina's political and economic crisis of 2001. D’Avella tells the stories of small-scale investors who turned to real estate as an alternative to a financial system they no longer trusted, of architects who struggled to maintain artistic values and political commitments in the face of the ongoing commodification of their work, and of residents-turned-activists who worked to protect their neighborhoods and city from being overtaken by new development. Such forms of everyday engagement with buildings, he argues, produce divergent forms of value that persist in tension with hegemonic forms of value. In the dreams attached to built environments and the material forms in which those dreams are articulated—from charts and graphs to architectural drawings, urban planning codes, and tango lyrics—D’Avella finds a blueprint for building livable futures in which people can survive alongside and even push back against the hegemony of capitalism.
Author: Pablo J. Boczkowski
Publisher: University of Chicago Press
ISBN: 0226062805
Category : Language Arts & Disciplines
Languages : en
Pages : 272
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Book Description
Peeking inside the newsrooms where journalists create stories and the work settings where the public reads them, the author reveals why journalists contribute to the growing similarity of news and why consumers acquiesce to a media system they find increasingly dissatisfying.
Author: Michael Waibel
Publisher: Kluwer Law International B.V.
ISBN: 9041132023
Category : Law
Languages : en
Pages : 674
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Book Description
"This book, the outgrowth of a conference organized by the editors at Harvard Law School on April 19, 2008, aims to uncover the drivers behind the backlash against the current international investment regime."--Library of Congress Online Calalog.
Author: Richard C. Anderson
Publisher: AuthorHouse
ISBN: 1467068896
Category : Philosophy
Languages : en
Pages : 396
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Book Description
Freedoms Vector: The Path to Prosperity, Opportunity and Dignity, is a book about Americaits government, its institutions, and its people. It is about a nation blessed with the finest system of governance ever devised. It is about a country that has outgrown its institutions and is in need of reconditioning. It is about a people who have been losing their faith and are waiting for a new call to greatness. Our country can recapture the spirit of 76, if we bring our better virtues and a sense of responsibility to bear upon the task. If our leaders reform their economics. If money and power do not stand in the way of freedom and democracy. If you love America, I think you will like this book. If you read this book, I think it may surprise and educate you. It may even annoy you. If it does, and you are inspired to craft a better plan for your country, I will have achieved my purpose in putting these pages between two covers.
Author: Gregory B. Weeks
Publisher: John Wiley & Sons
ISBN: 1118912527
Category : Political Science
Languages : en
Pages : 343
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Book Description
Featuring numerous updates and revisions, U.S. and Latin American Relations, 2nd Edition offers in-depth theoretical and historical analyses to explore the complex dynamic between the United States and the countries that comprise Latin America. Presents a theoretical framework that allows readers to view U.S.-Latin American relations from both a regional and global context Reviews the history of U.S.-Latin American relations from the 19th century to the present, including in-depth coverage of the ways political events in Cuba have shaped policy Examines former issues of conflict that are now areas of cooperation, such as debt and trade, immigration, human rights, illegal drugs, and terrorism Incorporates primary documents to place issues within historical context
