The Governance Of Financialization In Latin America And East Asia

Author : Max Nagel
Publisher : Unknown
Page : 0 pages
File Size : 45,5 Mb
Release : 2024
Category : Financialization
ISBN : 1032540397

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The Governance of Financialization in Latin America and East Asia by Max Nagel Pdf

"The Governance of Financialization in Latin America and East Asia analyses how states in these areas have adopted different monetary, financial, and foreign exchange policies to govern financialization, which have induced varying levels of state control over financial markets. The book analyzes the puzzling observation of policy divergence by investigating how countries have reacted differently to major financial crises since the 1970s. It shows how Argentina and Japan selected a governance approach to financialization that followed Western prescriptions by propelling unregulated financialization; but also how Chile and South Korea, by contrast, crafted policies to reduce the negative effects of financialization on economic development and financial stability. The book identifies variegated expertise in central banks, ministries of finance, expert commissions, and research institutions that has informed policymaking across Argentina, Chile, Japan, and South Korea since the 1970s. It then demonstrates how governments have used experts to achieve diverse political objectives and explains how governments can use experts to enhance state agency to counter globalization pressures. This book will appeal to scholars of International Political Economy, comparative politics, economics, sociology, development studies, and Latin American and East Asian history. It will also be of interest to economists and policymakers who want to safeguard financial stability and promote economic growth"--

Author : Barbara Stallings
Publisher : Rowman & Littlefield
Page : 326 pages
File Size : 46,5 Mb
Release : 2006-03-08
Category : Business & Economics
ISBN : 9780815797913

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Finance for Development by Barbara Stallings Pdf

A Brookings Institution Press and Economic Commission for Latin America and the Caribbean (ECLAC) publication Access to finance is critical in setting the course for development in emerging market economies. In this innovative study, which provides the first book-length analysis of the Latin American financial sector, Barbara Stallings and Rogerio Studart examine the dramatic changes resulting from financial liberalization in the region. The authors begin by discussing the critical transformations taking place in Latin America since 1990—a period marked by acceleration toward a new open, market-oriented development model, and away from a semi-closed model relying heavily on the state. Stallings and Studart examine changes in ownership of the financial sector and government regulation of banking, evaluate the role of capital markets as a source of finance, and compare Latin America's financial sector to that of East Asia. The second section of the book features case studies that demonstrate the changes occurring in Chile, Mexico, and Brazil with particular reference to finance for investment and access to credit. The authors conclude with a set of policy recommendations aimed at strengthening Latin American banks and capital markets so that they can play a greater role in supporting economic development.

Author : Kim B. Staking
Publisher : IDB
Page : 200 pages
File Size : 42,7 Mb
Release : 1997
Category : Business & Economics
ISBN : 1886938237

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Policy-based Finance and Market Alternatives by Kim B. Staking Pdf

Author : Richard Boyd,Galjart Benno,Tak-Wing Ngo
Publisher : Routledge
Page : 350 pages
File Size : 40,6 Mb
Release : 2007-01-24
Category : Political Science
ISBN : 9781134228584

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Political Conflict and Development in East Asia and Latin America by Richard Boyd,Galjart Benno,Tak-Wing Ngo Pdf

Long run processes of socio-economic change generate prodigious problems of social conflict and social control, and governments responsible for these processes must therefore manage the resultant conflict. Consequently, the success or failure of a government's management of such conflicts is a crucial factor in development outcomes. This volume investigates the political struggle for development specifically in two vital regions - East Asia and Latin America. This analysis calls into question the dominant emphasis on institutional and cultural bases for stable growth. A careful historical account of the two regions is presented, which permits the rigorous testing of conventional wisdoms regarding development. Of importance to a broad range of academics in the spheres of development studies, politics, political economy and sociology, this book will also make an interesting read for those with a general interest in these areas.

Author : Max Nagel
Publisher : Taylor & Francis
Page : 232 pages
File Size : 40,5 Mb
Release : 2023-10-20
Category : Political Science
ISBN : 9781000988215

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The Governance of Financialization in Latin America and East Asia by Max Nagel Pdf

The Governance of Financialization in Latin America and East Asia analyses how states in these areas have adopted different monetary, financial, and foreign exchange policies to govern financialization, which have induced varying levels of state control over financial markets. The book analyzes the puzzling observation of policy divergence by investigating how countries have reacted differently to major financial crises since the 1970s. It shows how Argentina and Japan selected a governance approach to financialization that followed Western prescriptions by propelling unregulated financialization; but also how Chile and South Korea, by contrast, crafted policies to reduce the negative effects of financialization on economic development and financial stability. The book identifies variegated expertise in central banks, ministries of finance, expert commissions, and research institutions that has informed policymaking across Argentina, Chile, Japan, and South Korea since the 1970s. It then demonstrates how governments have used experts to achieve diverse political objectives and explains how governments can use experts to enhance state agency to counter globalization pressures. This book will appeal to scholars of International Political Economy, comparative politics, economics, sociology, development studies, and Latin American and East Asian history. It will also be of interest to economists and policymakers who want to safeguard financial stability and promote economic growth.

Author : Anthony Elson
Publisher : Springer
Page : 410 pages
File Size : 53,9 Mb
Release : 2013-12-10
Category : Business & Economics
ISBN : 9781137316394

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Globalization and Development by Anthony Elson Pdf

Comparing the experience of East Asia and Latin America since the mid-1970s, Elson identifies the key internal factors common to each region which have allowed East Asia to take advantage of the trade, financial, and technological impact of a more globalized economy to support its development, while Latin America has not.

Author : Augusto de la Torre,Sergio L. Schmukler
Publisher : Stanford Economics and Finance
Page : 232 pages
File Size : 55,6 Mb
Release : 2007
Category : Business & Economics
ISBN : UCSD:31822035466242

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Emerging Capital Markets and Globalization by Augusto de la Torre,Sergio L. Schmukler Pdf

Emerging Capital Markets and Globalization analyzes where we stand and where we are heading on capital market development, the state and evolution of Latin American capital markets and related reforms, measuring the impact of reforms, and discusses the prospects for capital market development in Latin America and emerging economies and the implications for the reform agenda

Author : Isabel Licha
Publisher : IDB
Page : 410 pages
File Size : 43,6 Mb
Release : 2004
Category : Business & Economics
ISBN : 1931003807

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Citizens in Charge by Isabel Licha Pdf

"Takes a close look at people's involvement in the new framework of state decentralization. By focusing on the potential as well as the limitations of citizens managing local budgets, the goal is to improve the process of democratization of the state and society. The contributors explore the achievements of the process of decentralization, which is the backdrop for the emerging process of citizen participation in public decisionmaking at the local government level. The volume approaches this issue from a general perspective and up close through case studies. The broad perspective generates a framework for analytical understanding of fiscal decentralization and participation. The case studies highlight local experiences in East Asia - Indonesia, Malaysia, and the Philippines - and Latin America - Bolivia, Brazil, Colombia, and Peru. Each case illustrates a particular leadership style and type of participation. Important similarities emerge in the areas of trust, political will, unity among actors, intergovernmental coordination, capacity of government and citizen organizations to generate participatory public policies, and redistribution of power and responsibility between the state and civil society."--Publisher's web site.

Author : André A. Hofman
Publisher : Edward Elgar Publishing
Page : 344 pages
File Size : 46,8 Mb
Release : 2000
Category : Business & Economics
ISBN : STANFORD:36105025111738

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The Economic Development of Latin America in the Twentieth Century by André A. Hofman Pdf

Hofman, a researcher with the Chile-based Economic Commission for Latin America and the Caribbean, uses growth accounting methods and previously unavailable long-term series data to assess the economic performance of the region during the century from a comparative and historical perspective. In particular he compares Latin American economies to those of advanced capitalist economies, to newly industrialized economies, and to Spain and Portugal because of the historical ties. He looks at the reasons for the poor or negative growth during the 1980s and the apparent recovery in the 1990s and at such problems as debt, income inequality, high inflation, cyclical instability, and political and policy instability. Annotation copyrighted by Book News, Inc., Portland, OR

Author : Ching-yuan Lin
Publisher : M.E. Sharpe
Page : 260 pages
File Size : 55,6 Mb
Release : 1989
Category : Business & Economics
ISBN : 0873325265

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Latin America Vs East Asia by Ching-yuan Lin Pdf

This study makes a case for the now prevalent contention that the development model of east Asian NICs is less costly, more adaptive to fluctuating world market conditions, and more sustainable than that of the Latin American NICs.

Author : German King,Osvaldo Rosales
Publisher : UN
Page : 0 pages
File Size : 42,5 Mb
Release : 2012
Category : Business & Economics
ISBN : 9211218292

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The Changing Nature of Asian-Latin American Economic Relations by German King,Osvaldo Rosales Pdf

La 4e de couverture indique : "The swift expansion of developing Asia is probably the most significant structural change in the world economy of the twenty-first century. Latin America, and in particular South America, have strongly benefited from developing Asia's surge. China has become one of the region's main trade partners. Despite their benefits, strengthened trans-Pacific economic relations have also become a cause for concern in Latin America, due to major imbalances of different kinds. The purpose of this book is twofold. On the one hand, it aims to document the growing investment and trade relations between Latin America and Asia, as well as some of their imbalances. On the other hand, it provides several examples on how to upgrade trans-Pacific economic relations."

Author : Osvaldo Rosales,Keiji Inoue,Nanno Mulder
Publisher : UN
Page : 286 pages
File Size : 51,9 Mb
Release : 2015
Category : Business & Economics
ISBN : WISC:89122107279

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Rising Concentration in Asia-Latin American Value Chains by Osvaldo Rosales,Keiji Inoue,Nanno Mulder Pdf

Dynamic Asia has overtaken the European Union as Latin America and the Caribbean's second largest export market, after the United States. However, the region's exports to Asia remain concentrated in few commodities involved a small number of large firms. This book explores the present and future scope for the participation of small and medium-sized enterprises (SMEs) in biregional trade and value chains and the measures that can be taken to make those chains more inclusive and sustainable. It encourages governments in Latin America to improve the business environment in order to encourage multinational firms to invest, upgrade and innovate in the region.

Author : Beatriz Armendariz,Felipe Larrain B.
Publisher : MIT Press
Page : 424 pages
File Size : 54,5 Mb
Release : 2017-05-12
Category : Political Science
ISBN : 9780262533157

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The Economics of Contemporary Latin America by Beatriz Armendariz,Felipe Larrain B. Pdf

Analysis of Latin America's economy focusing on development, covering the colonial roots of inequality, boom and bust cycles, labor markets, and fiscal and monetary policy. Latin America is richly endowed with natural resources, fertile land, and vibrant cultures. Yet the region remains much poorer than its neighbors to the north. Most Latin American countries have not achieved standards of living and stable institutions comparable to those found in developed countries, have experienced repeated boom-bust cycles, and remain heavily reliant on primary commodities. This book studies the historical roots of Latin America's contemporary economic and social development, focusing on poverty and income inequality dating back to colonial times. It addresses today's legacies of the market-friendly reforms that took hold in the 1980s and 1990s by examining successful stabilizations and homemade monetary and fiscal institutional reforms. It offers a detailed analysis of trade and financial liberalization, twenty–first century-growth, and the decline in poverty and income inequality. Finally, the book offers an overall analysis of inclusive growth policies for development—including gender issues and the informal sector—and the challenges that lie ahead for the region, with special attention to pressing demands by the vibrant and vocal middle class, youth unemployment, and indigenous populations.

Author : David G. Dickinson,J.L. Ford,the late M.J. Fry,Andrew W. Mullineux,S. Sen
Publisher : Edward Elgar Publishing
Page : 420 pages
File Size : 47,7 Mb
Release : 2000-01-01
Category : Business & Economics
ISBN : 1781009988

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Finance, Governance and Economic Performance in Pacific and South East Asia by David G. Dickinson,J.L. Ford,the late M.J. Fry,Andrew W. Mullineux,S. Sen Pdf

'. . . this is an interesting and valuable collection of papers that addresses a highly topical area of research. The quality of writing is high in the main and the econometric methodology and models transparent. The appendices to many of the empirical chapters provide detailed information about data sources as well as model results. The book should be required reading for researchers and graduate students in this field, and the review papers provide valuable teaching material. It will be especially useful for those concerned with the contribution of governance structures to economic performance, financial crises and the still-disputed relationship between growth and financial liberalization.' - Jenifer Piesse, Asia Pacific Business Review Finance, Governance and Economic Performance in Pacific and South East Asia focuses on key aspects of government policy, financial systems and their links to the economic miracle in Pacific and South East Asia. It also considers the financial crises that have affected those economies and their economic progress. The contributors examine the success of governance in the form of government involvement with the macroeconomy, and with the deregulation of markets in general. Attention is drawn not only to the need for further liberalisation, but also the need to introduce regulatory structures to produce orderly markets.

Author : Jolle Demmers,Alex E. Fernández Jilberto,Barbara Hogenboom
Publisher : Routledge
Page : 376 pages
File Size : 43,8 Mb
Release : 2004-08-02
Category : Business & Economics
ISBN : 9781134296484

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Good Governance in the Era of Global Neoliberalism by Jolle Demmers,Alex E. Fernández Jilberto,Barbara Hogenboom Pdf

This new collection critically examines the new global policy of 'good governance'. This catchphrase of aid policy and development thinking has been the subject of too little analysis to date. This book redresses the balance. It places the prefix 'good', and exactly what that means, under the microscope and examines the impact of neoliberal governance in a wide range of countries and territories, including Chile, Russia, Argentina and Indonesia.