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020 _a9781139086196 (ebook)
020 _z9781107017979 (hardback)
020 _z9781107670761 (paperback)
040 _aUkCbUP
_beng
_erda
_cUkCbUP
050 0 0 _aHC125
_b.K334 2013
082 0 0 _a330.98
_223
100 1 _aKaplan, Stephen B.,
_eauthor.
245 1 0 _aGlobalization and Austerity Politics in Latin America /
_cStephen B. Kaplan.
246 3 _aGlobalization & Austerity Politics in Latin America
264 1 _aCambridge :
_bCambridge University Press,
_c2013.
300 _a1 online resource (360 pages) :
_bdigital, PDF file(s).
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
490 0 _aCambridge Studies in Comparative Politics
500 _aTitle from publisher's bibliographic system (viewed on 04 Apr 2016).
520 _aIn 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.
776 0 8 _iPrint version:
_z9781107017979
830 0 _aCambridge Studies in Comparative Politics.
856 4 0 _uhttp://dx.doi.org/10.1017/CBO9781139086196
942 _2Dewey Decimal Classification
_ceBooks
999 _c37639
_d37639