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Neoliberalism, Accountability, and Reform Failures in Emerging Markets
The agenda of neoliberal market reform known as the Washington Consensus, which was meant to turn around the economies of developing and postcommunist countries and provide the bedrock of economic success on which stable democracies could be built, has largely proved to be a failure, with Russia and many Latin American countries like Argentina left in severe economic crisis by the end of the 1990s. Some proponents of neoliberal reform, such as Anne Krueger, have attributed this failure to the piecemeal and incomplete implementation of reform measures, while others, including Nobel Prize economist and former World Bank vice president Joseph Stiglitz, have pointed to technical flaws in the pol...
Re-forming the State
Compares the processes leading to market reform experiments and its political effects in Latin America and Europe
Constructing Democratic Governance in Latin America
Since the first edition of the acclaimed Constructing Democratic Governance was published in 1996, the democracies of Latin America and the Caribbean have undergone significant change. This new, one-volume edition, edited by Jorge I. DomA-nguez and Michael Shifter, offers a concise update to current scholarship in this important area of international studies. The book is divided into two parts: Themes and Issues, and Country Studies. Countries not covered by individual studies are discussed in the introduction, conclusion, and thematic chapters. In the introduction, Michael Shifter provides an overview of new developments in Latin America and the Caribbean, with particular emphasis on civil ...
Development and the Private Sector
* Comprehensive examination of roles private sector plays in development * Collection part of the Kumarian Press and Oxfam Development in Practice readers series Corporations have a major impact on the lives of people in developing countries. Not only do they determine the shape of the international economy but many private companies now provide essential social services that were previously the responsibility of government. The growth of corporate power has generated a backlash as companies are held to account for the social and environmental impacts of their business. The resulting array of new initiatives coming under the term ‘corporate social responsibility’ has many implications fo...
The Privatization Challenge
analisa os aspectos legais e institucionais e apresenta uma lista com a legislação sobre privatização em 112 paises.
Resources for Reform
While most people live far from the sites of oil production, oil politics involves us all. Resources for Reform explores how people's lives intersect with the increasingly globalized and concentrated oil industry through a close look at Argentina's experiment with privatizing its national oil company in the name of neoliberal reform. Examining Argentina's conversion from a state-controlled to a private oil market, Elana Shever reveals interconnections between large-scale transformations in society and small-scale shifts in everyday practice, intimate relationships, and identity. This engaging ethnography offers a window into the experiences of middle-class oil workers and their families, impoverished residents of shanty settlements bordering refineries, and affluent employees of transnational corporations as they struggle with rapid changes in the global economy, their country, and their lives. It reverberates far beyond the Argentine oil fields and offers a fresh approach to the critical study of neoliberalism, kinship, citizenship, and corporations.
Market Reforms in Mexico
The last two decades saw a host of governments abandon statist development models for more market-friendly ones. However, not all reform attempts fared equally well. Why do some governments succeed in implementing market reforms while others fail? Why might the same government succeed in one policy area but not another? Market Reforms in Mexico explores these central questions by examining Mexico's reform experience in privatization, deregulation, and environmental policy. More than simply a book on 'Mexican politics,' this study speaks to the broader political dynamics behind the success or failure to implement reforms; first, by assessing new policy initiatives in multiple arenas across presidential administrations in Mexico, then by comparing Mexico's privatization experience to that of Argentina's. Through structured, focused comparison of select case studies, the author argues that the fate of dramatic reform initiatives turned on coalition politics (both inside and outside the state), and explains how institutional dynamics and the capacity to solve the problem of policy 'costs' strongly affected reformers' prospects of success.
The Politics of Investment Treaties in Latin America
International investment law is at a crossroads. Civil society groups, prominent think tanks, and international organisations are calling for widespread reform. At the centre of controversy are international investment agreements (IIAs) and investor-state dispute settlement (ISDS). Over 1,000legal claims have been brought by foreign investors under IIAs since the mid-1990s, resulting in multi-million dollar fines imposed against governments for policies related to the environment, natural resource governance, and access to basic services among other areas of public concern. Governmentstargeted by investor claims are pursuing a variety of reforms that range from the incremental to paradigm-sh...
Mobile Capital and Latin American Development
Particularly timely in light of the recent Mexican peso crisis, Mobile Capital and Latin American Development examines the causes, consequences, and implications of the Latin American capital flight of the 1980s. It addresses the increasingly mobile and privatized nature of international capital and its power to shape economic policy in those countries. Through a comparison of the policy experiences of Argentina, Brazil, Chile, Colombia, Mexico, and Venezuela, James E. Mahon finds that those countries that suffered the most capital flight had previously faced fewer structural trade problems and had not reoriented their exchange policies to diversify exports and deal with exchange-market inst...
