Financial Globalization and Democracy in Emerging Markets
ISBN:
978-0-333-93067-0
Auflage:
2001
Verlag:
Palgrave Macmillan UK
Land des Verlags:
Vereinigtes Königreich
Erscheinungsdatum:
13.01.1999
Herausgeber:
Reihe:
International Political Economy Series
Format:
Softcover
Seitenanzahl:
348
Lieferung in 3-4 Werktagen
Versandkostenfrei ab 40 Euro in Österreich
When Mexico's peso crisis occurred in December 1994, all of Latin America experienced the 'tequila effect'. In January 1998, after seven months of financial turmoil in East Asia, Alan Greenspan, the usually reticent Chairman of the US Federal Reserve Bank, noted that such 'vicious cycles...may, in fact, be a defining characteristic of the new high-tech international financial system'. This book examines the impact of the new, highly liquid portfolio capital flows on governments, opposition, politicians, business and the workforce in such emerging market countries as Mexico, Brazil, Russia, Indonesia, Vietnam, Thailand and Indonesia. Hailed as 'exemplary and innovative', 'fine-grained and accessible' and 'a must read', this collection of original essays in newly available in paperback.
Biografische Anmerkung
LESLIE ELLIOTT ARMIJO is Visiting Scholar, Reed College, Oregon, USA. She has published numerous articles on the interaction of democratization and economic liberalization in developing and transitional countries, the game of inflation in Brazil, and the politics of privatization and market-oriented economic reforms in South America, Mexico, and India.
