Suchergebnisse

This book investigates the two-way relationship between debt and democracy in Latin America. It examines the evidence about how regime type influenced the choice of policy to deal with foreign creditors and related economic issues.

Cover -- Half Title -- Title -- Copyright -- Contents -- Acknowledgments -- Introduction -- PART I A POLITICAL-ECONOMIC OVERVIEW OF THE DEBT CRISIS -- 1 The Latin American Debt Problem: Anatomy and Solutions -- 2 Winners and Losers in the Latin American Debt Crisis: The Political Implications -- 3 Debt and Democracy in Latin America, 1920s-1980s -- PART II KEY ACTORS IN THE DEBT-DEMOCRACY DILEMMA -- 4 How the "Haves" Manage the "Have-Nots": Latin America and the Debt Crisis -- 5 National Business, Debt-Led Growth, and Political Transition in Latin America -- 6 Organized Labor: A Major Victim of the Debt Crisis -- PART III CASE STUDIES OF DEBT AND DEMOCRACY -- 7 Economic Orthodoxy and Political Change in Mexico: The Stabilization and Adjustment Policies of the de Ia Madrid Administration -- 8 Debt, Adjustment, and Democratic Cacophony in Brazil -- 9 Crisis Management, Economic Reform, and Costa Rican Democracy -- 10 Democratization, Crisis, and the APRA's Modernization Project in Peru -- 11 Political Economy of Democratic Transition: Chile in the 1980s -- PART IV CONCLUSION -- 12 Debt and Democracy in the 1980s: The Latin American Experience -- About the Contributors -- Index.

This article analyzes the benefits and costs of financial globalization. While most attention has been placed on the opportunity to obtain additional capital, the benefits from incorporating international norms are also highlighted. The article examines the trends in capital flows, both from public sector institutions and private investors, placing special emphasis on foreign direct investment and remittances. Major problems identified are the skewed distribution of foreign investment—not only among regions and countries, but also among types of firms—as well as its volatility. The article concludes with a set of policy recommendations to spread the benefits of foreign capital and to make it more productive.

This article analyzes the benefits and costs of financial globalization. While most attention has been placed on the opportunity to obtain additional capital, the benefits from incorporating international norms are also highlighted. The article examines the trends in capital flows, both from public sector institutions and private investors, placing special emphasis on foreign direct investment and remittances. Major problems identified are the skewed distribution of foreign investment -- not only among regions and countries, but also among types of firms -- as well as its volatility. The article concludes with a set of policy recommendations to spread the benefits of foreign capital and to make it more productive. [Reprinted by permission of Sage Publications Inc., copyright 2007 The American Academy of Political and Social Science.]