Argentinas Economic Reforms Of The 1990s In Contemporary And Historical Perspective
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| Author | : Domingo Cavallo |
| Publisher | : Routledge |
| Total Pages | : 280 |
| Release | : 2017-02-03 |
| Genre | : Business & Economics |
| ISBN | : 131736466X |
Why has Argentina suffered so much political and economic instability? How could Argentina, once one of the wealthiest countries in the world, failed to meet its potential over decades? What lessons can we take from Argentina's successes and failures? Argentina’s economy is - irresistibly - fascinating. Argentina's economic history - its crises and its triumphs cannot be explained in purely economic terms. Argentina's economic history can only be explained in the context of conflicts of interest, of politics, war and peace, boom and bust. Argentina's economic history is also intertwined with ideological struggles over the ideal society and the on-going struggle of ideas. The book comprises two distinct components: an economic history of Argentina from the Spanish colonial period to 1990, followed by a narrative by Domingo Cavallo on the last 25 years of reform and counter reform. Domingo Cavallo has been at the centre of Argentina's economic and political debates for 40 years. He was one of the longest serving cabinet members since the return of democracy in 1983. He is uniquely qualified to help the reader make the connection between historical and current events through all these prisms. His daughter, Sonia Cavallo Runde, is an economist specialized on public policy that currently teaches the politics of development policy. The two Cavallos offer academics and students of economics and finance a long form case study. This book also seeks to offer researchers and policymakers around the world with relevant lessons and insights to similar problems from the Argentine experience.
| Author | : Greg Mills |
| Publisher | : Penguin Random House South Africa |
| Total Pages | : 583 |
| Release | : 2023-09-01 |
| Genre | : Political Science |
| ISBN | : 1776391403 |
Why do some states thrive, grow their economies and uplift their people, while others, facing similar challenges, slide into low growth, social dysfunction and failure? After decades of work on the ground in Africa, Latin America, Asia, Europe and the Middle East, bestselling author Greg Mills seeks to provide answers in Rich State, Poor State. After decades of work on the ground in Africa, Latin America, Asia, Europe and the Middle East, bestselling author Greg Mills seeks to provide answers in Rich State, Poor State. On each continent he traverses, Mills interrogates the how and why. How did Botswana go from being one of the least-developed and poorest nations at independence to enjoying the highest rate of per capita growth of any country in the world? Why has South Africa failed to attain similar heights? How did the Baltic states achieve reforms that have positioned them among the best-performing economies in Europe? How did Vietnam overcome a traumatic past in favour of a rapid and positive development transformation? Why is Mexico the only large developing economy that competes with China in manufacturing? Drawing from interviews with current and former presidents, prime ministers and key government officials across the globe, as well as research from leading institutions to enrich his fieldwork, Mills contrasts the successes and the failures, and in so doing, seeks to determine a path for the next generation of leaders.Insightful and inspiring, Rich State, Poor State shows that with better choices, the right policies and the will to implement them, it is entirely possible to travel the road from poverty to prosperity.
| Author | : Max Nagel |
| Publisher | : Taylor & Francis |
| Total Pages | : 232 |
| Release | : 2023-10-20 |
| Genre | : Political Science |
| ISBN | : 100098821X |
The Governance of Financialization in Latin America and East Asia analyses how states in these areas have adopted different monetary, financial, and foreign exchange policies to govern financialization, which have induced varying levels of state control over financial markets. The book analyzes the puzzling observation of policy divergence by investigating how countries have reacted differently to major financial crises since the 1970s. It shows how Argentina and Japan selected a governance approach to financialization that followed Western prescriptions by propelling unregulated financialization; but also how Chile and South Korea, by contrast, crafted policies to reduce the negative effects of financialization on economic development and financial stability. The book identifies variegated expertise in central banks, ministries of finance, expert commissions, and research institutions that has informed policymaking across Argentina, Chile, Japan, and South Korea since the 1970s. It then demonstrates how governments have used experts to achieve diverse political objectives and explains how governments can use experts to enhance state agency to counter globalization pressures. This book will appeal to scholars of International Political Economy, comparative politics, economics, sociology, development studies, and Latin American and East Asian history. It will also be of interest to economists and policymakers who want to safeguard financial stability and promote economic growth.
| Author | : Tendai Biti |
| Publisher | : Pan Macmillan South africa |
| Total Pages | : 322 |
| Release | : 2022-10-03 |
| Genre | : Political Science |
| ISBN | : 1770108181 |
Shaken by the Russian invasion of Ukraine and staggering after the COVID-19 pandemic, the global political order is entering a new era of volatile uncertainty that may roll back the gains of the last century. Open democracies, where opponents respect one another even as they contest for power, are under threat from the rising tide of populism. In this stark new world, political opponents are enemies to be destroyed by fake news, and independent institutions are being used as tools to perpetuate power. In societies as diverse as Argentina, the Philippines, Tanzania and Hungary, populists have taken power, promising to restore accountability to the people. But, once in office, they have sought to hollow out democracy and to demonise the opposition as they hold onto power and oversee the economic decline of their countries. In the Name of the People examines populism from its Latin American roots to liberation movements in Africa and the rise of a new European nationalism. At its most virulent, populism has destroyed democracies from the inside out, causing social instability, economic catastrophe and, in some cases, authoritarian repression. In other cases, such as in South Africa, populism is a rising threat as strong constitutional guarantees of democratic accountability come under fire. The authors analyse 13 countries across the globe to understand how populism is evolving into a threat to free and open societies, addressing questions such as: Where is populism taking us? Is there hope of a return to rational policy-making? Is the world doomed to descend into ever-greater conflict?
| Author | : Barry W. Poulson |
| Publisher | : Rowman & Littlefield |
| Total Pages | : 389 |
| Release | : 2022-01-04 |
| Genre | : Business & Economics |
| ISBN | : 1666902578 |
As countries recover from the coronavirus pandemic, they are confronted with an even more challenging debt crisis. Xavier Debrun argues in the foreword that in deciding where we go from here that there is no longer a consensus regarding the optimum design and enforcement of fiscal rules. Rather we must address a series of questions and challenges to the conventional wisdom. This book provides an opportunity for scholars to explore these questions from an international perspective, with reference to European countries, and emerging nations as well as the United States.
| Author | : Elodie Douarin |
| Publisher | : Springer Nature |
| Total Pages | : 982 |
| Release | : 2021-02-13 |
| Genre | : Political Science |
| ISBN | : 3030508889 |
This book aims to define comparative economics and to illustrate the breadth and depth of its contribution. It starts with an historiography of the field, arguing for a continued legacy of comparative economic systems, which compared socialism and capitalism, a field which some argued should have been replaced by institutional economics after the fall of the Berlin Wall. The process of transition to market capitalism is reviewed, and itself exemplifies a new combination of comparative analysis with a focus on institutional development. Going beyond, chapters broadening the application of comparative analysis and applying it to new issues and approaches, including the role and definition of institutions, subjective wellbeing, inequality, populism, demography, and novel methodologies. Overall, comparative economics has evolved in the past 30 years, and remains a powerful approach for analyzing important issues.
| Author | : Galip Yalman |
| Publisher | : Routledge |
| Total Pages | : 371 |
| Release | : 2018-10-03 |
| Genre | : Business & Economics |
| ISBN | : 1317364694 |
This volume provides a comprehensive study of Turkey’s financial transformation into one of the most dynamic, if not trouble-free, emerging capitalisms. While this financial evolution has underwritten Turkey’s dramatic economic growth, it has done so without ameliorating the persistently exploitative and unequal social structures that characterize neoliberalism today. This edited volume, written by an interdisciplinary range of political economists, critically examines Turkey’s financial transformation, contributing to debates on the nature of peripheral financialization. Eschewing economistic interpretations, The Political Economy of Financial Transformation in Turkey underscores both the quantitative significance of exponential growth in financial flows and investments, and the qualitative importance of the state’s institutional restructuring around financial imperatives. The book presents today’s reality as historically rooted. By understanding the choices made under the new Republic (from 1923 onwards), one can better locate the changes launched as a newly liberalizing society (since 1980). Likewise, the decisions made in response to Turkey’s 2001 financial crisis spurred a tectonic break in state–market–society financial relations. The waves of change have reached far and wide: from corporate strategies of accumulation and growth to small- and medium-sized enterprises’ strategies of financial survival; from how finance has penetrated the provisioning of housing to how households have become financialized. Put together, one grasps the complexity and historicity of the power of contemporary finance. One also sees that the changes made have not been class-neutral, but have entailed elevating the interests of major capital groups, particularly financial capital, above the interests of the poor and workers in Turkey. Nor are these changes constrained to its national borders, as what transpires domestically contributes to the making of a financialized world market. Through this ‘Made in Turkey’ approach the contributions in this volume thus challenge dominant understandings of financialization, which are derived from the advanced capitalisms, by sharing the specificity of emerging capitalisms such as Turkey.
| Author | : Boopen Seetanah |
| Publisher | : Taylor & Francis |
| Total Pages | : 227 |
| Release | : 2019-11-11 |
| Genre | : Political Science |
| ISBN | : 0429552955 |
The economic upturn and performance of Mauritius is a far cry from predictions made in the 1960s. The island’s remarkable economic performance since the 1980s can been attributed to a multitude of factors instrumental to the success of the economy, including structural reforms, outward looking export orientated strategies, diversification in the manufacturing, tourism and financial services sectors amongst others, sound economic governance and institutions, and significant investment in human capital. This book attempts to provide a detailed analysis of the various key ingredients which have helped to propel Mauritius to its current status. The various chapters provide important readings for both academics and policymakers, with the final chapter providing key policy strategies which the government needs to implement to help Mauritius graduate to the next level of development: namely to that of a high-income economy and, in moving out of the middle-income trap, laying the foundations for future growth and shared prosperity in the light of both domestic challenges and global constraints.
| Author | : Francisco E. Gonzalez |
| Publisher | : Routledge |
| Total Pages | : 254 |
| Release | : 2018-10-09 |
| Genre | : Reference |
| ISBN | : 135104673X |
Mexicans and those who follow Mexican affairs were optimistic in 2000 when the country experienced its first alternation in government (from the Partido Revolucionario Institucional –PRI--to the Partido Acción Nacional--PAN) in more than 70 years. Moreover, the Mexican economy had been restructured in a more open, market-led direction in the course of the 1980s and 1990s. The outcomes of these dual transitions were expected to create a new type of politics that were representative and accountable to citizens, and an economy that would grow rapidly, as it was forced to modernize by facing international competition. Some two decades later, views about Mexico are much less sanguine, and for many the country continues to follow a bipolar politico-economic trajectory characterized by periods of enthusiasm and mania which are followed by crisis and depression. This book presents a new analytical framework and reviews in detail Mexico’s political and economic history since the 1980s. The explanation offered is based on the idea of ‘misplaced monopolies’--i.e. an open political regime but a weak, fragmented state, and an internationally open economy, but highly concentrated economic sectors and activity in the domestic sphere. Accordingly, sown in the course of the crisis-ridden 1980s and 1990s, misplaced monopolies grew roots and became core features of Mexico’s political economy in the 2000s and 2010s. The end result has been great concentration of wealth in a small number of hands, and the dramatic growth in brutal violence in many parts of the country. From this perspective, unless ‘misplaced monopolies’ are reversed, conditions will remain prone to crisis, polarization, and conflict in Mexico. This volume concludes by extrapolating the framework and placing Mexico in comparative perspective, alongside internationally important countries such as Brazil, China, India, and Russia. This is a highly original investigation that will interest people who follow Mexican politics and its economy. The analytical framework will be of use to analysts, scholars, and students of comparative political economy, democratization studies, market reforms, and security and conflict studies.
| Author | : Shahid Burki |
| Publisher | : Routledge |
| Total Pages | : 363 |
| Release | : 2019-06-07 |
| Genre | : Political Science |
| ISBN | : 0429762100 |
This handbook examines Pakistan’s 70-year history from a number of different perspectives. When Pakistan was born, it did not have a capital, a functioning government or a central bank. The country lacked a skilled workforce. While the state was in the process of being established, eight million Muslim refugees arrived from India, who had to be absorbed into a population of 24 million people. However, within 15 years, Pakistan was the fastest growing and transforming economy in the developing world, although the political evolution of the country during this period was not equally successful. Pakistan has vast agricultural and human resources, and its location promises trade, investment and other opportunities. Chapters in the volume, written by experts in the field, examine government and politics, economics, foreign policy and environmental issues, as well as social aspects of Pakistan’s development, including the media, technology, gender and education. Shahid Javed Burki is an economist who has been a member of the faculty at Harvard University, USA, and Chief Economist, Planning and Development Department, Government of the Punjab. He has also served as Minister of Finance in the Government of Pakistan, and has written a number of books, and journal and newspaper articles. He joined the World Bank in 1974 as a senior economist and went on to serve in several senior positions. He was the (first) Director of the China Department (1987–94) and served as the Regional Vice-President for Latin America and the Caribbean during 1994–99. He is currently the Chair of the Board of Directors of the Shahid Javed Burki Institute of Public Policy at NetSol (BIPP) in Lahore. Iftekhar Ahmed Chowdhury is a career Bangladeshi diplomat and former Minister of Foreign Affairs in the Government of Bangladesh (2007–08). He has a PhD in international relations from the Australian National University, Canberra. He began his career as a member of the civil service of Pakistan in 1969. Dr Chowdhury has held senior diplomatic positions in the course of his career, including as Permanent Representative of Bangladesh to the United Nations in New York (2001–07) and in Geneva (1996–2001), and was ambassador to Qatar, Chile, Peru and the Vatican. He is currently a visiting senior research fellow at the Institute of South Asian Studies, National University of Singapore. Asad Ejaz Butt is the Director of the Burki Institute of Public Policy, Lahore, Pakistan.
