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Creative Destruction?

Szerző: Francisco Gonzalez

Nyelv:

Kötés: Puha kötésű

Kiadó: Johns Hopkins University Press

Elérhetőség: Beszállítói készleten alacsony példányszámban

Küldés 11-15 napon belül

19 547 Ft

Throughout the twentieth century, financial shocks toppled democratic and authoritarian regimes acro...

Információk a könyvről

Szerző

Francisco Gonzalez

Nyelv

Angol

Kötés

Könyv - Puha kötésű

Kiadva

2012

oldal

296

EAN

9781421405421

ISBN

1421405423

Enbook ID

04474193

Kiadó

Johns Hopkins University Press

Súly

400

Méretek

228 x 151 x 19

Teljes leírás

Throughout the twentieth century, financial shocks toppled democratic and authoritarian regimes across Latin America. But things began to change in the 1980s. This volume explains why this was the case in Argentina, Chile, and Uruguay. Taking a comparative historical approach, Francisco E. Gonzalez looks at how the Great Depression, Latin America's 1980s debt crisis, and the emerging markets' meltdowns of the late 1990s and early 2000s affected the governments of these three Southern Cone states. He finds that democratic or not, each nation's governing regime gained stability in the 1980s from a combination of changes in the structure and functioning of national and international institutions, material interests, political ideologies, and economic paradigms and policies. Underlying these changes was a growing ease in the exchange of ideas. As the world's balance of power transitioned from trilateral to bipolar to unipolar, international institutions such as the World Bank and the International Monetary Fund increased crisis interventions that backstopped economic freefalls and strengthened incumbents. Urban-based populations with relatively high per capita income grew and exercised their preference for the stability and prosperity they found as a class under democratic rule. These and other factors combined to substantially increase the cost of military takeovers, leading to fewer coups and an atmosphere friendlier toward domestic and foreign capital investment. Gonzalez argues that this confluence created a pro-democracy bias - which was present even in Augusto Pinochet's Chile - that not only aided the states' ability to manage economic and political crises but also lessened the political, social, and monetary barriers to maintaining or even establishing democratic governance. With a concluding chapter on the impact of the Great Recession in other Latin American states, Eastern Europe, and East Asia, "Creative Destruction?" lends insight into the survival of democratic and authoritarian regimes during times of extreme financial instability. Scholars and students of Latin America, political economy, and democratization studies will find Gonzalez's arguments engaging and the framework he built for this study especially useful in their own work.

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