Teichman considers both internal and external influences on the process of Latin American market reform, anchoring her investigation in the historical, political, and cultural contexts unique to each country, while also highlighting the important role played by such international actors as the World Bank and the International Monetary Fund (IMF). Informed by interviews with more than one hundred senior officials involved in the reform process, her analysis reveals that while the initial stage of market reform is associated with authoritarian political practices, later phases witness a rise in the importance of electoral democracy. She concludes, however, that the legacy of authoritarian decision making represents a significant obstacle to substantive democratization.
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Book Description
In the 1980s and 1990s, nations throughout Latin America experienced the dual transformations of market liberalizing reforms and democratization. Since then, perhaps no issue has been more controversial among those who study the region than the exact nature of the relationship between these two processes. Bringing a much-needed comparative perspective to the discussion, Judith Teichman examines the politics of market reform in Chile, Argentina, and Mexico, analyzing its implications for democratic practices in each case.
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Editorial Reviews
Review
Judith Teichman has once again applied her deep insights into Latin American political economy to understand a crucial problem: how governments can take the next, very difficult steps to consolidate the liberalization reforms that have stalled in many countries of the region. (William Ascher, Claremont McKenna Colleg)
This superbly crafted book offers a fascinating and accessible account of the politics of market reforms in Latin America. (Maxwell A. Cameron, University of British Columbia)
This superbly crafted book offers a fascinating and accessible account of the politics of market reforms in Latin America. (Maxwell A. Cameron, University of British Columbia)
About the Author
Judith A. Teichman is professor of political science at the University of Toronto. She is author of Policymaking in Mexico: From Boom to Crisis and Privatization and Political Change in Mexico.
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First Sentence:
The energy crisis of 1973-74 initiated important changes in the world economic order: an increase in trade competition, the decline in U.S. economic dominance, and the struggle by multinationals to lower costs through reorganizing production. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
labor flexibilization, international policy culture, interview with senior government official, reform policy networks, international policy networks, market reform ideas, radical market reformers, market reform process, policy clique, reform technocrats, powerful private sector interests, economic policy network, domestic policy networks, market reform agenda, state streamlining, market reform program, policy network concept, market reform measures, presidential decree powers, technocratic reformers, market reform policies, state petroleum company, patron clientelism, hank official, social welfare funds Key Phrases - Capitalized Phrases (CAPs): (learn more)
World Bank, Latin American, Finance Ministry, United States, Peronist Party, Domingo Cavallo, Carlos Menem, Carlos Salinas, Christian Democratic, Ministry of Finance, Christian Democrats, Catholic University, General Pinochet, Sergio de Castro, Socialist Party, Baker Plan, Great Depression, President Zedillo, University of Chicago, Economy Ministry, Ministry of the Economy, Pedro Aspe, President Salinas, Popular Unity, Eduardo Frei New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
The energy crisis of 1973-74 initiated important changes in the world economic order: an increase in trade competition, the decline in U.S. economic dominance, and the struggle by multinationals to lower costs through reorganizing production. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
labor flexibilization, international policy culture, interview with senior government official, reform policy networks, international policy networks, market reform ideas, radical market reformers, market reform process, policy clique, reform technocrats, powerful private sector interests, economic policy network, domestic policy networks, market reform agenda, state streamlining, market reform program, policy network concept, market reform measures, presidential decree powers, technocratic reformers, market reform policies, state petroleum company, patron clientelism, hank official, social welfare funds Key Phrases - Capitalized Phrases (CAPs): (learn more)
World Bank, Latin American, Finance Ministry, United States, Peronist Party, Domingo Cavallo, Carlos Menem, Carlos Salinas, Christian Democratic, Ministry of Finance, Christian Democrats, Catholic University, General Pinochet, Sergio de Castro, Socialist Party, Baker Plan, Great Depression, President Zedillo, University of Chicago, Economy Ministry, Ministry of the Economy, Pedro Aspe, President Salinas, Popular Unity, Eduardo Frei New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 57
books:
See all 57 books this book cites
5
books
cite this book:
- The World Bank: Its First Half Century (Vol. I & II) by Devesh Kapur in Back Matter (1), Back Matter (2), and Back Matter (3)
- The Struggle for Democracy in Chile (Revised Edition) (Latin American Studies) by Paul W. Drake in Back Matter (1), and Back Matter (2)
- International Financial Policy: Essays in Honor of Jacques J. Polak by Jacob A. Frenkel in Back Matter (1), and Back Matter (2)
- The Changing Role Of The State In Latin America by Menno Vellinga in Back Matter (1), and Back Matter (2)
- Latin America by Howard Wiarda on page 10, and Back Matter
See all 57 books this book cites
- The Global Class War : How America's Bipartisan Elite Lost Our Future - and What It Will Take to Win it Back by Jeff Faux in Back Matter (1), and Back Matter (2)
- The Fujimori Legacy: The Rise of Electoral Authoritarianism in Peru by Julio F. Carrion in Back Matter
- Confronting Development: Assessing Mexico's Economic and Social Policy Challenges by Kevin J. Middlebrook on page 51
- Power from Experience: Urban Popular Movements in Late Twentieth-Century Mexico by Paul Lawrence Haber in Back Matter
- Finance for Development: Latin America in Comparative Perspective by with Rogerio Studart Barbara Stallings in Back Matter
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