The Oxford Handbook of Latin American Political Economy

Hardcover | May 23, 2012

EditorJavier Santiso, Jeff Dayton-Johnson

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Latin America's recent development performance calls for a multidisciplinary analytical tool kit. This handbook accordingly adopts a political-economy perspective to understand Latin American economies. This perspective is not new to the region; indeed, this volume consciously follows theapproach pioneered by political economist Albert O. Hirschman a half century ago. But the nature of the political and economic processes at work in Latin America has changed dramatically since Hirschman's critical contribution. Military dictatorships have given way to an uneven democraticconsolidation; agricultural or primary-product producers have transformed into middle-income, diversified economies, some of which are leading examples of emerging markets. So, too, the tools of political-economy have developed by leaps and bounds. It is therefore worthwhile to take stock of, andconsiderably extend, the explosion of recent scholarship on the two-way interaction between political processes and economic performance. A unique feature of the book is that it begins with a group of chapters written by high-level academic experts on Latin American economics and policies who also happen to be current or past economic policy makers in the region, including Fernando Henrique Cardoso (former president of Brazil), AndresVelasco (former Chilean finance minister), Luis Carranza (former Peruvian finance minister), Martin Redrado (former governor of the Argentina central bank) and Luciano Coutinho (president of Brazil's national development bank). These contributors draw upon their academic expertise to understandtheir experience in the trenches of policy making.

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Latin America's recent development performance calls for a multidisciplinary analytical tool kit. This handbook accordingly adopts a political-economy perspective to understand Latin American economies. This perspective is not new to the region; indeed, this volume consciously follows theapproach pioneered by political economist Albert...

Javier Santiso is a leading specialist on emerging markets and on Latin America in particular. He is a professor of economics at the ESADE Business School (Madrid) and director of the ESADE Centre for Global Economy and Geopolitics He was formerly Director and Chief Economist at the OECD Development Centre. In 2009 he was recognized as...

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Format:HardcoverDimensions:648 pages, 7.2 × 9.88 × 1.81 inPublished:May 23, 2012Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199747504

ISBN - 13:9780199747504

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Table of Contents

Javier Santiso and Jeff Dayton-Johnson: Introduction and OverviewI The View From The Inside: Practitioners Reflect On Making Reform Happen1. Fernando Henrique Cardoso with Eduardo Graeff: Political Leadership and Economic Reform: The Brazilian Experience in the Context of Latin America2. Luis Carranza: Politics of Fiscal Reforms in Peru3. Andres Velasco and Eric Parrado: The Political Economy of Fiscal Policy: the Experience of Chile4. Luciano Coutinho, JoUo Carlos Ferraz, Andr. Nassif and Rafael Oliva: Industrial Policy and Economic Transformation5. Mart!n Redrado: Monetary Policy under UncertaintyII The Politics of Economics: Historical, Geographic and Institutional Perspectives6. Rosemary Thorp: A Historical Perspective on the Political Economy of Inequality in Latin America7. Paolo Spadoni: Achievements and Shortcomings of Cuba's Economic Policies, 1990-20108. Juan Blyde, Antoni Estevadeordal and Mauricio Mesquita Moreira: Global and Regional Integration in Latin America and the Caribbean (1990-2010)9. Barbara Stallings: Does Asia Matter? The Political Economy of Latin America's International Relations10. Kevin P. Gallagher: A Catalyst for Hope: China's Opportunity for Latin AmericaIII The Politics of Economics and the Economics of Politics11. Mariano Tommasi and Carlos Scartascini: How (Not) to Produce Effective Policies? Institutions and Policymaking in Latin America12. Daniela Campello: The Politics of Global Financial Markets in Latin America13. Cecilia Mart!nez Gallardo and Mar!a Victoria Murillo: Cabinet Stability and Policymaking in Latin America14. Christopher Balding: International Capital Markets and their Latin American Discontents15. Stephen Haber and Victor Menaldo: Natural Resources and Democracy in Latin America: Neither Curse Nor Blessing16. Ben Ross Schneider: Contrasting Capitalisms: Latin America in Comparative Perspective17. Laurence Whitehead and Javier Santiso: Ulysses and the Sirens: Political and technical rationality in Latin AmericaIV Political Economy of Fiscal and Social Policies18. Carlos Elizondo and Javier Santiso: Killing Me Softly: Local Termites and Fiscal Violence in Brazil and Mexico19. Marcela Eslava: The political economy of public spending and fiscal deficits: lessons for Latin America20. Christian Daude and Angel Melguizo: Taxation and Democracy in Latin America21. Sebasti n Nieto Parra and Javier Santiso: Revisiting Political Budget Cycles in Latin America22. Alejandro Micco and Pablo Egaia: Labor Market in Latin America and the Caribbean: The Missing Reform