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ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Governments, even regimes, fell in Argentina and Uruguay in the aftermath of financial crisis in the 1980s and in Indonesia in the 1990s. [...] In the case of commercial bank lending any reduction in the cost of the crisis stemming from a rapid renegotiation of the loan contracts and return to international financial markets is unlikely. [...] In sum the hypothesis is that although starting points and path dependencies are probably the biggest part of the explanation for the confluence of financial liberalization, economic crisis and regime collapse in some of these cases, the difference in the composition of flows, particularly the lesser direct role of the government in financial intermediation, may help explain the observed cross-nat. [...] The more risk sharing between investor and borrower, as in the case of equity participation, the smaller the burden the borrower faces in case of shocks and again, the less risk of socializing costs of private market failures. [...] Finally the larger the stock and bond market capitalization relative to overall financial transactions the greater the demand for transparency and disclosure and the smaller the scope for gross corruption and mismanagement.
Author: Laurence Whitehead
Publisher: JHU Press
ISBN: 0801872197
Category : Political Science
Languages : en
Pages : 238
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Book Description
Over the 1980s Latin America made great strides in democratization, while East Asia led the world in economic growth. Are the two converging toward a model that combines economic and political liberalization? This text examines increased scope for mutual support among aspiring democratic forces.
Author:
Publisher:
ISBN:
Category : Democracy
Languages : en
Pages : 28
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Book Description
Author: Kim B. Staking
Publisher: IDB
ISBN: 9781886938236
Category : Business & Economics
Languages : en
Pages : 200
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Book Description
Author: L. Armijo
Publisher: Springer
ISBN: 0333994892
Category : Business & Economics
Languages : en
Pages : 366
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Book Description
When Mexico's peso crisis occurred in December 1994, all of Latin America experienced the 'tequila effect'. In January 1998, after seven months of financial turmoil in East Asia, Alan Greenspan, the usually reticent Chairman of the US Federal Reserve Bank, noted that such 'vicious cycles...may, in fact, be a defining characteristic of the new high-tech international financial system'. This book examines the impact of the new, highly liquid portfolio capital flows on governments, opposition, politicians, business and the workforce in such emerging market countries as Mexico, Brazil, Russia, Indonesia, Vietnam, Thailand and Indonesia. Hailed as 'exemplary and innovative', 'fine-grained and accessible' and 'a must read', this collection of original essays in newly available in paperback.
Author: Larry Jay Diamond
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 284
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Book Description
The emergence of new democracies in Eastern Europe has raised anew the question of the relationship between economic reform and political liberalization. This work brings together a group of authorities to examine this question as it relates to Latin America, Europe, Asia, and Africa.
Author: Stephan Haggard
Publisher: Princeton University Press
ISBN: 9780691135960
Category : Business & Economics
Languages : en
Pages : 508
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Book Description
Comparing the welfare states of Latin America, East Asia and Eastern Europe, the authors trace the origins of social policy in these regions to political changes in the mid-20th century, and show how the legacies of these early choices are influencing welfare reform following democratization and globalization.
Author: Gregory Gleason
Publisher: Routledge
ISBN: 1134479883
Category : Business & Economics
Languages : en
Pages : 332
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Book Description
Over a decade after national independence, it is apparent that the contrasting development strategies adopted by the five new governments of Central Asia have led to significantly different outcomes. This well-written and timely book analyses how the development strategies of these countries have affected their transition from communist governance.
Author: Anil Hira
Publisher: Routledge
ISBN: 1351959026
Category : Political Science
Languages : en
Pages : 344
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Book Description
Latin America is at a uniquely important juncture in its history and the history of development more generally. Neoliberal market-orientated policies are being called into question, growth has been volatile and equity has stayed the same or worsened. In Latin America there is no clear direction for change. This book presents an alternative development path for Latin America based on an East Asian model. East Asia remains the only developing region so far with high stable and equitable economic development. Based on in depth analysis and the presentation of new and unique material, this study provides a new perspective on the lessons of China's rapid development and examines relations between states and companies that have led to greater success by East Asian companies entering new international markets. More importantly, it highlights how Latin American politics can and must be transformed.
Author: Meredith Jung-En Woo
Publisher: Springer
ISBN: 0230590349
Category : Social Science
Languages : en
Pages : 297
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Book Description
This book brings together scholars of political economy, law and sociology to interrogate the seemingly unproblematic notions - the rules of law, good corporate governance, and flexible labour market - that inform neoliberal policy prescriptions. It also discusses how these concepts have been translated and practiced in East Asia.
