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Financial Globalization and Democracy in Emerging Markets 2001 Edition
Contributor(s): Armijo, L. (Editor)
ISBN: 0333930673     ISBN-13: 9780333930670
Publisher: Palgrave MacMillan
OUR PRICE:   $53.20  
Product Type: Paperback - Other Formats
Published: January 1999
Qty:
Annotation: When Mexico's peso crisis occurred in December 1994, all of Latin America experienced the "tequila effect." In January 1998, after seven months of financial turmoil in East Asia, Alan Greenspan, the normally reticent Chairman of the US Federal Reserve Bank, noted that such "vicious cycles...may, in fact, be a defining characteristic of the new high-tech international financial system." "Financial Globalization and Democracy in Emerging Markets" examines the impact of the new, highly liquid, portfolio capital flows on governments, opposition politicians, business, and labor in such emerging market countries as Mexico, Brazil, Russia, India, Vietnam, Thailand, and Indonesia.

Additional Information
BISAC Categories:
- Business & Economics | Exports & Imports
- Political Science | International Relations - Trade & Tariffs
- Business & Economics | Development - Economic Development
Dewey: 332.673
Series: International Political Economy
Physical Information: 0.92" H x 5.58" W x 8.58" (1.25 lbs) 348 pages
 
Descriptions, Reviews, Etc.
Publisher Description:
When Mexico's peso crisis occurred in December 1994, all of Latin America experienced the 'tequila effect'. In January 1998, after seven months of financial turmoil in East Asia, Alan Greenspan, the usually reticent Chairman of the US Federal Reserve Bank, noted that such 'vicious cycles...may, in fact, be a defining characteristic of the new high-tech international financial system'. This book examines the impact of the new, highly liquid portfolio capital flows on governments, opposition, politicians, business and the workforce in such emerging market countries as Mexico, Brazil, Russia, Indonesia, Vietnam, Thailand and Indonesia. Hailed as 'exemplary and innovative', 'fine-grained and accessible' and 'a must read', this collection of original essays in newly available in paperback.