Financial Globalization and Democracy in Emerging Markets

Author:   L. Armijo ,  Thomas J. Biersteken
Publisher:   Palgrave Macmillan
ISBN:  

9780333730904


Pages:   348
Publication Date:   13 January 1999
Format:   Hardback
Availability:   Temporarily unavailable   Availability explained
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Financial Globalization and Democracy in Emerging Markets


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Overview

This text highlights the financial crises in Mexico and South America (1995) and in East Asia (1997). It explores the risks from portfolio capital flows to democracy in countries like Mexico, Brazil, Russia, India, Vietnam, Thailand and Indonesia. The contributors lament the economic and political strains on governments forced by global markets to reduce expenditures and employment drastically in order to defend their currencies. Possible silver linings of financial globalization include the discrediting of incumbent authoritarians and external reinforcement for sound macroeconomic policies.

Full Product Details

Author:   L. Armijo ,  Thomas J. Biersteken
Publisher:   Palgrave Macmillan
Imprint:   Palgrave Macmillan
Dimensions:   Width: 13.80cm , Height: 2.80cm , Length: 21.60cm
Weight:   0.675kg
ISBN:  

9780333730904


ISBN 10:   0333730909
Pages:   348
Publication Date:   13 January 1999
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   Temporarily unavailable   Availability explained
The supplier advises that this item is temporarily unavailable. It will be ordered for you and placed on backorder. Once it does come back in stock, we will ship it out to you.

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Reviews

'A must read for scholars, officials, politicians, journalists, and students interested in exploring the murky waters of globalization.' - Thomas M. Callaghy, University of Pennsylvania 'Armijo's [collection] is a timely and excellent contribution to the on-going academic debate over the pros and cons of market reforms vs. democratic governance in major developing countries.' - Luigi Manzetti, Southern Methodist University


Author Information

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.

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