(Download pdf) The Politics of Market Discipline in Latin America: Globalization and Democracy






 | #1876900 in eBooks |  2015-03-19 |  2015-03-10 | File Name: B00SYVZ6J2


|| |"Daniela Campello tackles a very controversial and perhaps most misunderstood topic in the political economy of contemporary Latin America: to what extent do global markets and foreign investors constrain governments, particularly those on the left, preventin

The Politics of Market Discipline in Latin America uses a multi-method approach to challenge the conventional wisdom that financial markets impose broad and severe constraints over leftist economic policies in emerging market countries. It shows, rather, that in Latin America, this influence varies markedly among countries and over time, depending on cycles of currency booms and crises exogenous to policy making. Market discipline is strongest during periods of dollar s...


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