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OverviewThis 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 DetailsAuthor: L. Armijo , Thomas J. BierstekenPublisher: Palgrave Macmillan Imprint: Palgrave Macmillan Dimensions: Width: 13.80cm , Height: 2.80cm , Length: 21.60cm Weight: 0.675kg ISBN: 9780333730904ISBN 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 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. Table of ContentsReviews'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 InformationLESLIE 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. Tab Content 6Author Website:Countries AvailableAll regions |