TITLE

Global Imbalances and Economic Development: Economic Policymaking by Leftist Governments in Latin America

AUTHOR(S)
Paunovic, Igor; Moreno-Brid, Juan Carlos
PUB. DATE
December 2007
SOURCE
International Journal of Political Economy;Winter2007/2008, Vol. 36 Issue 4, p53
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article, part of a special issue on global economic relations in the 21st century, examines the economic policy responses of leftist governments in Latin America to the imbalances of global capitalism. Imbalances discussed in the article include those between the mobility of capital versus that of labor and between saving and investment, the dominance of financial over productive capital, and the lack of global public goods, especially macroeconomic stability. Also discussed are the economic and political conditions in Latin America from the 1980s to the 2000s, the rise of democratically elected leftist governments, and their policy moves to protect their economies from the external shocks to which they are vulnerable.
ACCESSION #
29419471

 

Related Articles

  • DEMOCRACIA Y MERCADO EN AMÉRICA LATINA: EL CONSENSO DE CHILE. SOTO, ÁNGEL // Tiempo y Espacio;2004, Vol. 11 Issue 14, p235 

    The starting point of this article is the recognition that crisis is a constant when analyzing Latin America. This article asks how do political democracy and economic liberty interact in this region, considering that both are fundamental to development. After an analysis of Latin American...

  • Interdependent Development. Schydlowsky, Daniel M. // Harvard International Review;Nov1985, Vol. 8 Issue 1, p24 

    The article discusses the macroeconomic policies in Latin America which fails to ensure economic development in the continent. It discusses various proposal offered to ensure a more effective economic policy range in the future. Implications of the monetary policy and structuralism are...

  • Introduction: Context, Issues, and Contributions. DEL NEGRO, MARCO; HERNANDEZ-DELGADO, ALEJANDRO; HUMPAGE, OWEN; HUYBENS, ELISABETH // Journal of Money, Credit & Banking (Ohio State University Press);May2001 Part 2, Vol. 33 Issue 2, p303 

    This article presents an analysis and overview of the policy of dollarization that several Latin American countries adopted or considered. This prompted many economists to ask what kind of monetary and exchange rate system is best for the economic stability of a country? Dollarization hopes to...

  • LATIN AMERICA AND THE GLOBAL CRISIS: A FIRM FOUNDATION YIELDS DIVIDENDS. Eyzaguirre, Nicolas // Americas;Jul/Aug2009, Vol. 61 Issue 4, p9 

    This article examines the impact of the 2008 global economic crisis on Latin America. It notes that the region is in a better position to face a crisis than it has been in the past due to significant progress made by several Latin American countries during the last decade. Particular focus is...

  • LA CRISIS GLOBAL Y LATINOAMÉRICA. Veltmeyer, Henry // Problemas del Desarrollo. Revista Latinoamericana de Economía;ene-mar2010, Vol. 41 Issue 160, p13 

    This study provides a critical perspective of the current global crisis in its Latin America dynamic. It refutes the central argument or the one that prevails both in popular and academic magazines that the crisis is a fundamentally financial phenomenon, precipitated by a lack of regulation of...

  • FINANCIAL DEVELOPMENT AND EXPORTS OF MANUFACTURED GOODS IN LATIN AMERICAN COUNTRIES. Wamboye, Evelyn; Mookerjee, Rajen; Sergi, Bruno S. // Transformations in Business & Economics;2014, Vol. 13 Issue 1, p81 

    Using time series data, we test the causality between exports of manufactured goods and financial development in eleven Latin American countries (LACs). This particular relationship is especially important in the context of LACs since export diversification away from resources and agriculture is...

  • ALBA: Proposed Currency Union Far From Sweet.  // Emerging Markets Monitor;10/26/2009, Vol. 15 Issue 29, p11 

    The article presents an outlook for the currency union between five Latin American economies. It is predicted that the Sucre will not have any appeal beyond its immediate members because of economic mismanagement of its member states and the politically motivated nature of the currency. The move...

  • To save Brazil, the US must replay Mexico. Hakim, Peter // Christian Science Monitor;9/24/98, Vol. 90 Issue 211, p11 

    Argues that the international community needs to assemble a financial package in 1998 to reassure Brazil's external and domestic creditors to keep their money in Brazil. The importance of a stable Brazil on the economies of Latin American countries; How Latin America has been impacted by the...

  • The Mexican Model. Edwards, Sebastian // Newsweek (Pacific Edition);7/23/2001 (Pacific Edition), Vol. 138 Issue 4, p15 

    Comments on economic conditions in Latin America in light of the financial crisis in Argentina as of summer 2001. Discussion of the Mexican economy being linked to the United States economy after implementation of the North Atlantic Free Trade Agreement (NAFTA); View that Mexico will not be...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics