Latin America's International Relations and Their Domestic Consequences

Latin America's International Relations and Their Domestic Consequences PDF

Author: Jorge I Dominguez

Publisher: Routledge

Published: 2014-01-21

Total Pages: 472

ISBN-13: 1135564698

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First Published in 1994. Volume 6 in the 7-volume series titled Essays on Mexico, Central and South America: Scholarly Debates from the 1950s to the 1990s. The central scholarly articles concern interstate peace along with a U.S. propensity to intervene, and international structural vulnerabilities and economic asymmetries along with the significance of elite skills and choices. This title recognises that scholars have paid more attention to international economics in Latin America and seeks to balance the range study.

The Politics of Latin American Development

The Politics of Latin American Development PDF

Author: Gary W. Wynia

Publisher: Cambridge University Press

Published: 1990-01-26

Total Pages: 374

ISBN-13: 9780521389242

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An examination of the historical events that have shaped Latin America's fundamental economic and political dynamics.

Handbook of Macroeconomics

Handbook of Macroeconomics PDF

Author: John B. Taylor

Publisher: Elsevier

Published: 1999-12-13

Total Pages: 600

ISBN-13: 9780444501585

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Part 6: Financial Markets and the Macroeconomy. 19. Asset prices, consumption, and the business cycle (J.Y. Campbell). 20. Human behavior and the efficiency of the financial system (R.J. Shiller). 21. The financial accelerator in a quantitative business cycle framework (B. Bernanke, M. Gertler and S. Gilchrist). Part 7: Monetary and Fiscal Policy. 22. Political economics and macroeconomic policy (T. Persson, G. Tabellini). 23. Issues in the design of monetary policy rules (B.T. McCallum). 24. Inflation stabilization and BOP crises in developing countries (G.A. Calvo, C.A. Vegh). 25. Government debt (D.W. Elmendorf, N.G. Mankiw). 26. Optimal fiscal and monetary policy (V.V. Chari, P.J. Kehoe).

Export Growth in Latin America

Export Growth in Latin America PDF

Author: Carla Macario

Publisher: Lynne Rienner Publishers

Published: 2000

Total Pages: 196

ISBN-13: 9781555877590

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Although Latin American and Caribbean countries have assigned a high priority to increasing exports, export performance in most cases remains deficient. This work investigates why this is so, identifying the policies that determine successes and failures in Brazil, Chile, Colombia and Mexico.

Restructuring Hegemony in the Global Political Economy

Restructuring Hegemony in the Global Political Economy PDF

Author: Henk W Overbeek

Publisher: Routledge

Published: 1993-05-06

Total Pages: 308

ISBN-13: 1134935935

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Since the late 1970s, the spread of Neo-liberalism and the failure of socialist economies and systems in Eastern Europe have resulted in a practically unchallenged hegemony of international capital across the globe. Neo-liberalism is now the dominant ideology, legitimizing the privatisation of state-controlled economies and the substitution of the

Resource Nationalism and Energy Policy

Resource Nationalism and Energy Policy PDF

Author: David R. Mares

Publisher: Columbia University Press

Published: 2022-10-04

Total Pages: 189

ISBN-13: 0231554796

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It is widely thought that state ownership of natural resources, oil and natural gas in particular, causes countries to fall under the sway of the “resource curse.” In such cases, governments allegedly display “resource nationalism,” which destabilizes the economy, society, and politics. In this book, David R. Mares dispels these beliefs and develops a powerful new account of the relationship between state resource ownership and energy policy. Mares examines variations in energy policy across a wide range of countries, underscoring the fact that in most of the world outside the United States, subsoil natural resources are owned by the state. He considers the history of Latin American oil and gas policies and provides an in-depth analysis of Venezuela from 1989 to 2016—before, during, and after the presidency of Hugo Chávez. Mares demonstrates that the key factors that influence energy policy are the inclusiveness of the political system, the level of competitiveness within policy making, and the characteristics of individual leaders. Domestic politics, not state ownership, determines the effectiveness and efficiency of energy policies: the “resource curse” is avoidable. Drawing on these findings, Mares reconceptualizes resource nationalism, arguing that government intervention into resource extraction is legitimate as long as the benefits are shared through the provision of public goods. Featuring a sophisticated grasp of both Latin American politics and energy policy, this book sheds new light on why some governments are responsible stewards of natural resources while others appropriate national wealth for partisan or private benefit.

Mobile Capital and Latin American Development

Mobile Capital and Latin American Development PDF

Author: James E. Mahon

Publisher: Penn State Press

Published: 2010-11-01

Total Pages: 232

ISBN-13: 9780271042060

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Particularly timely in light of the recent Mexican peso crisis, Mobile Capital and Latin American Development examines the causes, consequences, and implications of the Latin American capital flight of the 1980s. It addresses the increasingly mobile and privatized nature of international capital and its power to shape economic policy in those countries. Through a comparison of the policy experiences of Argentina, Brazil, Chile, Colombia, Mexico, and Venezuela, James E. Mahon finds that those countries that suffered the most capital flight had previously faced fewer structural trade problems and had not reoriented their exchange policies to diversify exports and deal with exchange-market instability. Since the countries that stumbled worst into capital flight before the debt crisis were later among the most aggressive neoliberal reformers, Mahon discusses the ways in which overseas capital served as a kind of pressure for free-market reform. Finally, the idea that internationally mobile capital now can operate as a kind of senate--an arm of the wealthy few, guarding the established order against the arbitrary, dangerous tendencies of the executive and popular chamber--is examined with relation to theories of dependency and the institutionalization of democracy.

Developing Country Debt and Economic Performance, Volume 2

Developing Country Debt and Economic Performance, Volume 2 PDF

Author: Jeffrey D. Sachs

Publisher: University of Chicago Press

Published: 2007-12-01

Total Pages: 578

ISBN-13: 0226733203

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For dozens of developing countries, the financial upheavals of the 1980s have set back economic development by a decade or more. Poverty in those countries has intensified as they struggle under the burden of an enormous external debt. In 1988, more than six years after the onset of the crisis, almost all the debtor countries were still unable to borrow in the international capital markets on normal terms. Moreover, the world financial system has been disrupted by the prospect of widespread defaults on those debts. Because of the urgency of the present crisis, and because similar crises have recurred intermittently for at least 175 years, it is important to understand the fundamental features of the international macroeconomy and global financial markets that have contributed to this repeated instability. This project on developing country debt, undertaken by the National Bureau of Economic Research, provides a detailed analysis of the ongoing developing country debt crisis. The project focuses on the middle-income developing countries, particularly those in Latin America and East Asia, although many lessons of the study should apply as well to other, poorer debtor countries. The project analyzes the crisis from two perspectives, that of the international financial system as a whole (volume 1) and that of individual debtor countries (volumes 2 and 3). This second volume contains lengthy and detailed case studies of four Latin American nations—Argentina, Bolivia, Brazil, and Mexico—providing a wealth of comparative data and new statistics on the general economic development of each nation. The authors explore the various factors that contributed to the debt crisis in each country and analyze how the crisis was managed once it had taken hold. Trenchant economic analyses are enchanced by assessments of the stark political realities behind the policy choices facing each nation.