Can I read Globalization and Austerity Politics in Latin America on EtoBox?

Globalization and Austerity Politics in Latin America by Kaplan, Stephen B. is a scholarly article available to read on EtoBox.

What is Globalization and Austerity Politics in Latin America about?

"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 long-standing 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 such austerity imposed externally and when is it a domestic political choice? Employing a multi-method research strategy that includes statistical tests and extensive field research from across Latin America, Stephen B. Kaplan builds and tests a theory that explains the effect of financial globalization on economic policy making. Focusing on both the structural and individual influences on policy making, he argues that a country's composition of international borrowing and its technocratic understanding of past economic crises combine to produce dramatically different outcomes in national policy choices. Incorporating these factors into an electoral politics framework, Kaplan's book then challenges the conventional wisdom that political business cycles are most likely in newly democratizing re

Author

Kaplan, Stephen B.

Publisher

Cambridge University Press (Virtual Publishing)

Published

2012

Language

EN

ISBN

9781139616003