Author: Judith A. Teichman
Publisher: Univ of North Carolina Press
ISBN: 0807875074
Category : Business & Economics
Languages : en
Pages : 302
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Book Description
In the 1980s and 1990s, nations throughout Latin America experienced the dual transformations of market liberalizing reforms and democratization. Since then, perhaps no issue has been more controversial among those who study the region than the exact nature of the relationship between these two processes. Bringing a much-needed comparative perspective to the discussion, Judith Teichman examines the politics of market reform in Chile, Argentina, and Mexico, analyzing its implications for democratic practices in each case. Teichman considers both internal and external influences on the process of Latin American market reform, anchoring her investigation in the historical, political, and cultural contexts unique to each country, while also highlighting the important role played by such international actors as the World Bank and the International Monetary Fund (IMF). Informed by interviews with more than one hundred senior officials involved in the reform process, her analysis reveals that while the initial stage of market reform is associated with authoritarian political practices, later phases witness a rise in the importance of electoral democracy. She concludes, however, that the legacy of authoritarian decision making represents a significant obstacle to substantive democratization.
Author: Jorge I. Domínguez
Publisher: Penn State Press
ISBN: 9780271043401
Category : Political Science
Languages : en
Pages : 308
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Book Description
In recent years first Chile, then Argentina, Brazil, and Mexico have abandoned decades-old authoritarian political regimes and state-directed economic strategies and moved toward democratized politics and freer markets. This volume seeks to understand the key roles of "technopols"--technically skilled, politically savvy leaders--in these transformations. It is based in part on elite interviews with each of the leaders discussed: Domingo Cavallo of Argentina, Pedro Aspe of Mexico, Fernando Henrique Cardoso of Brazil, and Evelyn Matthei and Alejandro Foxley of Chile. All are major social scientists turned politicians who, the authors argue here, have themselves contributed to the formulation of the ideas that they eventually came to implement in their respective governments. Contributors are Jorge I. Domínguez, Javier Corrales, Stephanie R. Cobb, João Resende-Santos, Delia M. Boylan, and Jeanne Kinney Giraldo.
Author: Sebastian Edwards
Publisher: University of Chicago Press
ISBN: 0226184803
Category : Business & Economics
Languages : en
Pages : 307
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Book Description
The political and economic history of Latin America has been marked by great hopes and even greater disappointments. Despite abundant resources—and a history of productivity and wealth—in recent decades the region has fallen further and further behind developed nations, surpassed even by other developing economies in Southeast Asia and elsewhere. In Left Behind, Sebastian Edwards explains why the nations of Latin America have failed to share in the fruits of globalization and forcefully highlights the dangers of the recent turn to economic populism in the region. He begins by detailing the many ways Latin American governments have stifled economic development over the years through excessive regulation, currency manipulation, and thoroughgoing corruption. He then turns to the neoliberal reforms of the early 1990s, which called for the elimination of deficits, lowering of trade barriers, and privatization of inefficient public enterprises—and which, Edwards argues, held the promise of freeing Latin America from the burdens of the past. Flawed implementation, however, meant the promised gains of globalization were never felt by the mass of citizens, and growing frustration with stalled progress has led to a resurgence of populism throughout the region, exemplified by the economic policies of Venezuela’sHugo Chávez. But such measures, Edwards warns, are a recipe for disaster; instead, he argues, the way forward for Latin America lies in further market reforms, more honestly pursued and fairly implemented. As an example of the promise of that approach, Edwards points to Latin America's giant, Brazil, which under the successful administration of President Luis Inácio da Silva (Lula) has finally begun to show signs of reaching its true economic potential. As the global financial crisis has reminded us, the risks posed by failing economies extend far beyond their national borders. Putting Latin America back on a path toward sustained growth is crucial not just for the region but for the world, and Left Behind offers a clear, concise blueprint for the way forward.
Author: Inter-American Dialogue (Organization)
Publisher:
ISBN: 9781733727617
Category : Cooperation
Languages : en
Pages : 153
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Book Description
The volume takes a broad view of recent social, political, and economic developments in Latin America. It contains six essays, focused on salient and cross-cutting themes, that try to construct a thread or narrative about the highly diverse region, highlighting its main idiosyncrasies and analyzing where it might be headed in coming years. While the essays recognize considerable advances, they also point out setbacks and missed opportunities that have stood in the way of sustained progress. Strengthening state capacity emerges as a significant challenge.
Author: Augusto de la Torre
Publisher: World Bank Publications
ISBN: 0821365444
Category : Business & Economics
Languages : en
Pages : 232
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Book Description
Back in the early 1990s, economists and policy makers had high expectations about the prospects for domestic capital market development in emerging economies, particularly in Latin America. Unfortunately, they are now faced with disheartening results. Stock and bond markets remain illiquid and segmented. Debt is concentrated at the short end of the maturity spectrum and denominated in foreign currency, exposing countries to maturity and currency risk. Capital markets in Latin America look particularly underdeveloped when considering the many efforts undertaken to improve the macroeconomic environment and to reform the institutions believed to foster capital market development. The disappointing performance has made conventional policy recommendations questionable, at best. 'Emerging Capital Markets and Globalization' analyzes where we stand and where we are heading on capital market development. First, it takes stock of the state and evolution of Latin American capital markets and related reforms over time and relative to other countries. Second, it analyzes the factors related to the development of capital markets, with particular interest on measuring the impact of reforms. And third, in light of this analysis, it discusses the prospects for capital market development in Latin America and emerging economies and the implications for the reform agenda.
Author: Ronald H. Chilcote
Publisher: Rowman & Littlefield
ISBN: 9780742523937
Category : Business & Economics
Languages : en
Pages : 412
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Book Description
This definitive reader brings together seminal articles on development in Latin America. Tracing the concepts and major debates surrounding the issue, the text focuses on development theory through three contrasting historical perspectives: imperialism, underdevelopment and dependency, and globalization. By offering a rich array of essays from Latin American Perspectives, the book allows students to sample all the important trends in the field. A new general introduction and conclusion, along with part introductions, contextualize each selection. One of the leading figures in development studies, Ronald Chilcote shows in this text why work on imperialism dating to the turn of the twentieth century informs the controversies on dependency and underdevelopment during the 1960s and 1970s as well as the globalization debates of the past decade. If students are to understand development in Latin America, they must not only be familiar with historical examples and recognize that various theoretical perspectives affect our interpretation of events, they must be willing to keep an open mind. Thus, rather than setting out established premises, this reader offers different points of view, raising provocative questions about Latin America that remain largely unanswered even today. Students will come away from this rewarding collection ready to pursue new understanding through critical inquiry and thinking.
Author: Michael Hanchard
Publisher: Duke University Press
ISBN: 0822382539
Category : Social Science
Languages : en
Pages : 234
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Book Description
Bringing together U.S. and Brazilian scholars, as well as Afro-Brazilian political activists, Racial Politics in Contemporary Brazil represents a significant advance in understanding the complexities of racial difference in contemporary Brazilian society. While previous scholarship on this subject has been largely confined to quantitative and statistical research, editor Michael Hanchard presents a qualitative perspective from a variety of disciplines, including history, sociology, political science, and cultural theory. The contributors to Racial Politics in Contemporary Brazil examine such topics as the legacy of slavery and its abolition, the historical impact of social movements, race-related violence, and the role of Afro-Brazilian activists in negotiating the cultural politics surrounding the issue of Brazilian national identity. These essays also provide comparisons of racial discrimination in the United States and Brazil, as well as an analysis of residential segregation in urban centers and its affect on the mobilization of blacks and browns. With a focus on racialized constructions of class and gender and sexuality, Racial Politics in Contemporary Brazil reorients the direction of Brazilian studies, providing new insights into Brazilian culture, politics, and race relations. This volume will be of importance to a wide cross section of scholars engaged with Brazil in particular, and Latin American studies in general. It will also appeal to those invested in the larger issues of political and social movements centered on the issue of race. Contributors. Benedita da Silva, Nelson do Valle Silva, Ivanir dos Santos, Richard Graham, Michael Hanchard, Carlos Hasenbalg, Peggy A. Lovell, Michael Mitchell, Tereza Santos, Edward Telles, Howard Winant
Author: Rosemary Thorp
Publisher: IDB
ISBN: 9781886938359
Category : Business & Economics
Languages : en
Pages : 390
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Book Description
A comprehensive Statistical Appendix provides regional and country-by-country data in such areas as GDP, manufacturing, sector productivity, prices, trade, income distribution and living standards."--BOOK JACKET.
Author: OECD
Publisher: OECD Publishing
ISBN: 9264682317
Category :
Languages : en
Pages : 274
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Book Description
The Latin American Economic Outlook 2021: Working Together for a Better Recovery aims to analyse and provide policy recommendations for a strong, inclusive and environmentally sustainable recovery in the region. The report explores policy actions to improve social protection mechanisms and increase social inclusion, foster regional integration and strengthen industrial strategies, and rethink the social contract to restore trust and empower citizens at all stages of the policy‐making process.
Author: John Medaille
Publisher: Simon and Schuster
ISBN: 1684516889
Category : Business & Economics
Languages : en
Pages : 176
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Book Description
Taking "free markets" from rhetoric to reality For three decades free-market leaders have tried to reverse longstanding Keynesian economic policies, but have only produced larger government, greater debt, and more centralized economic power. So how can we achieve a truly free-market system, especially at this historical moment when capitalism seems to be in crisis? The answer, says John C. Medaille, is to stop pretending that economics is something on the order of the physical sciences; it must be a humane science, taking into account crucial social contexts. Toward a Truly Free Market argues that any attempt to divorce economic equilibrium from economic equity will lead to an unbalanced economy—one that falls either to ruin or to ruinous government attempts to redress the balance. Medaille makes a refreshingly clear case for the economic theory—and practice—known as distributism. Unlike many of his fellow distributists, who argue primarily from moral terms, Medaille enters the economic debate on purely economic terms. Toward a Truly Free Market shows exactly how to end the bailouts, reduce government budgets, reform the tax code, fix the health-care system, and much more.
