Globalization and Austerity Politics in Latin America PDF Download
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Author: Stephen B. Kaplan
Publisher: Cambridge University Press
ISBN: 1139619721
Category : Political Science
Languages : en
Pages : 361
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Book Description
In an age of financial globalization, are markets and democracy compatible? For developing countries, the dramatic internationalization of financial markets over the last two decades deepens tensions between politics and markets. Notwithstanding the rise of left-leaning governments in regions like Latin America, macroeconomic policies often have a neoliberal appearance. When is austerity imposed externally and when is it a domestic political choice? By combining statistical tests with extensive field research across Latin America, this book examines the effect of financial globalization on economic policymaking. Kaplan argues that a country's structural composition of international borrowing and its individual technocratic understanding of past economic crises combine to produce dramatically different outcomes in national policy choices. Incorporating these factors into an electoral politics framework, the book then challenges the conventional wisdom that political business cycles are prevalent in newly democratizing regions. This book is accessible to a broad audience and scholars with an interest in the political economy of finance, development and democracy, and Latin American politics.
Author: Stephen B. Kaplan
Publisher: Cambridge University Press
ISBN: 1139619721
Category : Political Science
Languages : en
Pages : 361
Get Book Here
Book Description
In an age of financial globalization, are markets and democracy compatible? For developing countries, the dramatic internationalization of financial markets over the last two decades deepens tensions between politics and markets. Notwithstanding the rise of left-leaning governments in regions like Latin America, macroeconomic policies often have a neoliberal appearance. When is austerity imposed externally and when is it a domestic political choice? By combining statistical tests with extensive field research across Latin America, this book examines the effect of financial globalization on economic policymaking. Kaplan argues that a country's structural composition of international borrowing and its individual technocratic understanding of past economic crises combine to produce dramatically different outcomes in national policy choices. Incorporating these factors into an electoral politics framework, the book then challenges the conventional wisdom that political business cycles are prevalent in newly democratizing regions. This book is accessible to a broad audience and scholars with an interest in the political economy of finance, development and democracy, and Latin American politics.
Author: Stephen B. Kaplan
Publisher:
ISBN: 9781139616003
Category : Globalization
Languages : en
Pages : 362
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Book Description
The book explores the effect of financial globalization on Latin American economic policy-making.
Author: Stephen B. Kaplan
Publisher: Cambridge University Press
ISBN: 1107017971
Category : Business & Economics
Languages : en
Pages : 361
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Book Description
The book explores the effect of financial globalization on Latin American economic policy-making.
Author: José Antonio Ocampo
Publisher: Stanford University Press
ISBN: 9780804749565
Category : Business & Economics
Languages : en
Pages : 238
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Book Description
Globalization and Development draws upon the experiences of the Latin American and Caribbean region to provide a multidimensional assessment of the globalization process from the perspective of developing countries. Based on a study by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), this book gives a historical overview of economic development in the region and presents both an economic and noneconomic agenda that addresses disparity, respects diversity, and fosters complementarity among regional, national, and international institutions. For orders originating outside of North America, please visit the World Bank website for a list of distributors and geographic discounts at http://publications.worldbank.org/howtoorder or e-mail
[email protected].
Author: Kenneth M. Roberts
Publisher: Cambridge University Press
ISBN: 0521856876
Category : Political Science
Languages : en
Pages : 357
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Book Description
This book explores the impact of economic crises and free-market reforms on party systems and political representation in contemporary Latin America. It explains why some patterns of market reform align and stabilize party systems, whereas other patterns of reform leave party systems vulnerable to widespread social protest and electoral instability. In contrast to other works on the topic, this book accounts for both the institutionalization and the breakdown of party systems, and it explains why Latin America turned to the Left politically in the aftermath of the market-reform process. Ultimately, it explains why this "left turn" was more radical in some countries than others and why it had such varied effects on national party systems.
Author: Fernando Calderón
Publisher: John Wiley & Sons
ISBN: 1509540032
Category : Social Science
Languages : en
Pages : 242
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Book Description
Latin America has experienced a profound transformation in the first two decades of the 21st century: it has been fully incorporated into the global economy, while excluding regions and populations devalued by the logic of capitalism. Technological modernization has gone hand-in-hand with the reshaping of old identities and the emergence of new ones. The transformation of Latin America has been shaped by social movements and political conflicts. The neoliberal model that dominated the first stage of the transformation induced widespread inequality and poverty, and triggered social explosions that led to its own collapse. A new model, neo-developmentalism, emerged from these crises as national populist movements were elected to government in several countries. The more the state intervened in the economy, the more it became vulnerable to corruption, until the rampant criminal economy came to penetrate state institutions. Upper middle classes defending their privileges and citizens indignant because of corruption of the political elites revolted against the new regimes, undermining the model of neo-developmentalism. In the midst of political disaffection and public despair, new social movements, women, youth, indigenous people, workers, peasants, opened up avenues of hope against the background of darkness invading the continent. This book, written by two leading scholars of Latin America, provides a comprehensive and up-do-date account of the new Latin America that is in the process of taking shape today. It will be an indispensable text for students and scholars in Latin American Studies, sociology, politics and media and communication studies, and anyone interested in Latin America today.
Author: Stephen B. Kaplan
Publisher: Cambridge University Press
ISBN: 110718231X
Category : Business & Economics
Languages : en
Pages : 411
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Book Description
Examines China's overseas financial investments in the developing world, and its impact on national economic policymaking in the Americas.
Author: Jennifer Pribble
Publisher: Cambridge University Press
ISBN: 1107030226
Category : Political Science
Languages : en
Pages : 233
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Book Description
Explores the variation in welfare and other social assistance policies in Latin America.
Author: Samuel P. Huntington
Publisher: University of Oklahoma Press
ISBN: 0806186046
Category : Political Science
Languages : en
Pages : 388
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Book Description
Between 1974 and 1990 more than thirty countries in southern Europe, Latin America, East Asia, and Eastern Europe shifted from authoritarian to democratic systems of government. This global democratic revolution is probably the most important political trend in the late twentieth century. In The Third Wave, Samuel P. Huntington analyzes the causes and nature of these democratic transitions, evaluates the prospects for stability of the new democracies, and explores the possibility of more countries becoming democratic. The recent transitions, he argues, are the third major wave of democratization in the modem world. Each of the two previous waves was followed by a reverse wave in which some countries shifted back to authoritarian government. Using concrete examples, empirical evidence, and insightful analysis, Huntington provides neither a theory nor a history of the third wave, but an explanation of why and how it occurred. Factors responsible for the democratic trend include the legitimacy dilemmas of authoritarian regimes; economic and social development; the changed role of the Catholic Church; the impact of the United States, the European Community, and the Soviet Union; and the "snowballing" phenomenon: change in one country stimulating change in others. Five key elite groups within and outside the nondemocratic regime played roles in shaping the various ways democratization occurred. Compromise was key to all democratizations, and elections and nonviolent tactics also were central. New democracies must deal with the "torturer problem" and the "praetorian problem" and attempt to develop democratic values and processes. Disillusionment with democracy, Huntington argues, is necessary to consolidating democracy. He concludes the book with an analysis of the political, economic, and cultural factors that will decide whether or not the third wave continues. Several "Guidelines for Democratizers" offer specific, practical suggestions for initiating and carrying out reform. Huntington's emphasis on practical application makes this book a valuable tool for anyone engaged in the democratization process. At this volatile time in history, Huntington's assessment of the processes of democratization is indispensable to understanding the future of democracy in the world.
Author: Rana S. Gautam
Publisher: Lexington Books
ISBN: 1793647968
Category : Business & Economics
Languages : en
Pages : 183
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Book Description
Gautam, Pinheiro, and Wilson analyze the spread of financialization in Latin America and the Caribbean, highlighting the ideational origins of financialization outside the region, its effects on government budgeting and social inclusion, and options for increased inclusivity.
