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Who Decides the Budget? A Political Economy Analysis of the Budget Process in Latin America
This book presents a new framework for analyzing the political economy of budget processes in Latin America that is based on the following premises: i) the budget process must be considered as part of the overall policymaking process rather than in isolation; ii) budget outcomes cannot be fully explained on the basis of only one or two political or institutional dimensions; iii) actual practices must be considered as well as formal rules; iv) budget processes affect dimensions of fiscal outcomes besides fiscal sustainability, particularly efficiency, adaptability, and representativeness; v) political actors and their incentives must be considered at different stages of the policymaking process and in different institutional contexts. Case studies are presented for eight countries in the region, and a final chapter presents conclusions and suggestions for further research.
Other People's Money
Recent crises in emerging markets have been heavily driven by balance-sheet or net-worth effects. Episodes in countries as far-flung as Indonesia and Argentina have shown that exchange rate adjustments that would normally help to restore balance can be destabilizing, even catastrophic, for countries whose debts are denominated in foreign currencies. Many economists instinctually assume that developing countries allow their foreign debts to be denominated in dollars, yen, or euros because they simply don't know better. Presenting evidence that even emerging markets with strong policies and institutions experience this problem, Other People's Money recognizes that the situation must be attributed to more than ignorance. Instead, the contributors suggest that the problem is linked to the operation of international financial markets, which prevent countries from borrowing in their own currencies. A comprehensive analysis of the sources of this problem and its consequences, Other People's Money takes the study one step further, proposing a solution that would involve having the World Bank and regional development banks themselves borrow and lend in emerging market currencies.
The Oxford Handbook of Latin American Political Economy
Latin America's recent development performance calls for a multidisciplinary analytical tool kit. This handbook accordingly adopts a political-economy perspective to understand Latin American economies. This perspective is not new to the region; indeed, this volume consciously follows the approach pioneered by political economist Albert O. Hirschman a half century ago. But the nature of the political and economic processes at work in Latin America has changed dramatically since Hirschman's critical contribution. Military dictatorships have given way to an uneven democratic consolidation; agricultural or primary-product producers have transformed into middle-income, diversified economies, som...
The Second World
"At the end of the Cold War, we found ourselves living in a world with one superpower, the United States. This title argues that the moment of American supremacy is over, brought about by the increasing influence of what he terms the Second World: Eastern Europe, Central Asia, South America, the Middle East and East Asia."--Provided by publisher.
Annual Report
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Anuario de la Dirección General de Seguridad Jurídica y Fe Pública (2018)
EDICIÓN EN DVD. La Dirección General de los Registros y del Notariado fue suprimida por Real Decreto 139/2020, de 28 de enero, por el que se establece la estructura orgánica básica de los departamentos ministeriales (artículo 2.2), siendo el órgano directivo que asume sus funciones la Dirección General de Seguridad Jurídica y Fe Pública. El Anuario del año 2018, que ahora se publica, mantiene la modificada estructura del año 2009, que conserva una división más racional para facilitar el uso y la consulta de sus contenidos y al mismo tiempo aprovechar las ventajas que nos ofrece la tecnología. La obra se presenta en tres grandes apartados. El apartado primero recoge las resoluci...
