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The Influence Of The International Finance Institutions Liberal Policies In Latin America


The Influence Of The International Finance Institutions Liberal Policies In Latin America
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The Influence Of The International Finance Institutions Liberal Policies In Latin America


The Influence Of The International Finance Institutions Liberal Policies In Latin America
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Author : Andreas Keller
language : en
Publisher: GRIN Verlag
Release Date : 2010-09-24

The Influence Of The International Finance Institutions Liberal Policies In Latin America written by Andreas Keller and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-09-24 with Political Science categories.


Seminar paper from the year 2008 in the subject Politics - Topic: International Organisations, grade: 1,0, LMU Munich (Geschwister-Scholl-Institut für politische Wissenschaften), language: English, abstract: Regularly, the International Finance Institutions (the World Bank and the International Monetary Fund)are critized harshly by Latin American leaders - Venezuela's Hugo Chávez even called them a “curse” for Latin America, and condemned its "shock politics that have spread hunger, misery, poverty and violence to our peoples." The “Banco del Sur”, a new development bank recently founded by Venezuela and six other Latin American countries, is seen as an answer to the IMF and the World Bank. Criticism like this is common in Latin America. Some points are quite understandable: In the International Monetary Fund, which is responsible for monitoring the global financial system, the United States de facto has a veto power. Other Western industrial nations make up for the majority of the vote. The same applies to the World Bank whose president always is appointed by the President of the United States. It is hard not to suspect US political interests behind this appointment: Two World Bank presidents – Robert McNamara and Paul Wolfowitz – came from the US Department of Defense, where they were responsible for leading controversial wars like Vietnam or Iraq. These criticisms are well-known. This paper thus concentrates on the actual work of the International Finance Institutions in Latin America, the implementation of their policies and how they affected the subcontinent. Their influence is enormous: some hold the IMF and the World Bank responsible for severe crises that nearly lead to collapses of nations and for the ongoing underdevelopment of Latin America. Indirectly they are also blamed for the current enormous resurgence of leftist movements, which all declared the International Finance Institutions one of their main enemies. As the measures of the IMF and the World Bank are intertwined, they will be depicted together. First, the conceptual framework of the IMF, the World Bank and the “Washington Consensus” will be presented, followed by a short summary of Latin American economic history from the 1950s to the 1990s. Then the different measures of the structural adjustment package of the Bretton Wodds Institutions, their impact (illustrated by different country examples) and outcomes will be discussed in detail. Finally this paper will give attention to the “Banco del Sur”, a development bank very recently founded by seven Latin American nations that should make these countries independent from perceived Western influence through the IMF and the World Bank.



The Influence Of The International Finance Institutions Liberal Policies In Latin America


The Influence Of The International Finance Institutions Liberal Policies In Latin America
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Author : Andreas Keller
language : de
Publisher:
Release Date : 2014-09-04

The Influence Of The International Finance Institutions Liberal Policies In Latin America written by Andreas Keller and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-09-04 with categories.


Seminar paper from the year 2008 in the subject Politics - International Politics - Topic: International Organisations, grade: 1,0, LMU Munich (Geschwister-Scholl-Institut fur politische Wissenschaften), language: English, abstract: Regularly, the International Finance Institutions (the World Bank and the International Monetary Fund)are critized harshly by Latin American leaders - Venezuela's Hugo Chavez even called them a "curse" for Latin America, and condemned its "shock politics that have spread hunger, misery, poverty and violence to our peoples." The "Banco del Sur," a new development bank recently founded by Venezuela and six other Latin American countries, is seen as an answer to the IMF and the World Bank. Criticism like this is common in Latin America. Some points are quite understandable: In the International Monetary Fund, which is responsible for monitoring the global financial system, the United States de facto has a veto power. Other Western industrial nations make up for the majority of the vote. The same applies to the World Bank whose president always is appointed by the President of the United States. It is hard not to suspect US political interests behind this appointment: Two World Bank presidents - Robert McNamara and Paul Wolfowitz - came from the US Department of Defense, where they were responsible for leading controversial wars like Vietnam or Iraq. These criticisms are well-known. This paper thus concentrates on the actual work of the International Finance Institutions in Latin America, the implementation of their policies and how they affected the subcontinent. Their influence is enormous: some hold the IMF and the World Bank responsible for severe crises that nearly lead to collapses of nations and for the ongoing underdevelopment of Latin America. Indirectly they are also blamed for the current enormous resurgence of leftist movements, which all declared the International Finance Institutions one of their main enemies. As the measur



American Empire And The Political Economy Of Global Finance


American Empire And The Political Economy Of Global Finance
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Author : L. Panitch
language : en
Publisher: Springer
Release Date : 2008-07-24

American Empire And The Political Economy Of Global Finance written by L. Panitch and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-07-24 with Political Science categories.


In a lively critique of how international and comparative political economy misjudge the relationship between global markets and states, this book demonstrates the central place of the American state in today's world of globalized finance. The contributors set aside traditional emphases on military intervention, looking instead to economics.



The Oxford Handbook Of Latin American Economics


The Oxford Handbook Of Latin American Economics
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Author : José Antonio Ocampo
language : en
Publisher: Oxford University Press, USA
Release Date : 2011-07-28

The Oxford Handbook Of Latin American Economics written by José Antonio Ocampo and has been published by Oxford University Press, USA this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-07-28 with Business & Economics categories.


A comprehensive overview of the key factors affecting the development of Latin American economies that examines long-term growth performance, macroeconomic issues, Latin American economies in the global context, technological and agricultural policies, and the evolution of labour markets, the education sector, and social security programmes.



The Economic Development Of Latin America In The Twentieth Century


The Economic Development Of Latin America In The Twentieth Century
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Author : André A. Hofman
language : en
Publisher: Edward Elgar Publishing
Release Date : 2000

The Economic Development Of Latin America In The Twentieth Century written by André A. Hofman and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2000 with Business & Economics categories.


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



Regional Financial Cooperation


Regional Financial Cooperation
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Author : José Antonio Ocampo
language : en
Publisher: Brookings Institution Press
Release Date : 2006

Regional Financial Cooperation written by José Antonio Ocampo and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Business & Economics categories.


"Assesses how regional financial institutions can help developing countries, often at a disadvantage within the global financial framework, finance their investment needs, counteract the volatility of private capital flows, and make their voices heard"--Provided by publisher.



Neo Liberalism State Power And Global Governance


Neo Liberalism State Power And Global Governance
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Author : Simon Lee
language : en
Publisher: Springer Science & Business Media
Release Date : 2007-09-09

Neo Liberalism State Power And Global Governance written by Simon Lee and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-09-09 with Political Science categories.


This book explores the relationship between neo-liberalism, state power and global governance, exploring national differences in the exercise of state power in a variety of industrialized and developing economies. Among the strengths of this volume are its detailed global scope, its range of case studies in diverse policy areas, its analysis and critique of neo-liberalism, in theory and practice, and its impact upon state power and global governance.



Networks Of Influence


Networks Of Influence
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Author : Ngaire Woods
language : en
Publisher: OUP Oxford
Release Date : 2009-05-14

Networks Of Influence written by Ngaire Woods and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-05-14 with Political Science categories.


Networks are thriving in global politics. Some bring policy-makers from different countries together to share problems and to forge possible solutions, free from rules of representation, decision-making, and transparency which constrain more formal international organizations. This book asks whether developing countries can benefit from such networks? Or are they safer to conduct their international relations in formal institutions? The answer varies. The key lies in how the network is structured and what it sets out to achieve. This book presents a fascinating account of how some networks have strengthened the position of developing country officials, both at home, and in their international negotiations. Equally, it points to conditions which make it perilous for developing countries to rely on networks.



Dangerous Liaisons


Dangerous Liaisons
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Author : Kevin Casas-Zamora
language : en
Publisher: Brookings Institution Press
Release Date : 2013-09-19

Dangerous Liaisons written by Kevin Casas-Zamora and has been published by Brookings Institution Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-09-19 with Political Science categories.


The relationship between criminal syndicates and politicians has a long history, including episodes even from the earliest years of America's colonies. But while organized crime may not get the headlines it once did in North America, the resurgence of such criminal activity in Latin America, and in some European nations, has grabbed the public's attention. In Dangerous Liaisons noted scholars describe and analyze the role of organized crime in the financing of politics in selected democracies in Latin America (Argentina, Brazil, Colombia, Costa Rica, and Mexico) and in Europe (Bulgaria and Italy). The book seeks to unravel the myths that have developed around crime in these locales, while providing facts and informing the debate on how organized crime corrupts democratic institutions, especially in relation to the funding of political parties and their activities. Among the subjects studied in detail are the role of organized crime in political finance through the lens of Argentina's presidential campaigns of 1999 and 2007; Brazil's elected officeholders and their role in corruption; the weakness of Colombia's democracy; the growing role of money in Costa Rica's politics; the destructive effects of drug money on Mexican institutions; the link between organized crime—narrowly and broadly understood—and political financing in Bulgaria; and crime and political finance in Italy. The work of the scholars corrects what volume editor Kevin Casas-Zamora calls "a glaring gap in the literature on the role of organized crime in the corruption of democratic institutions." That is, the funding of political parties and their activities—which in these cases are mostly election campaigns. The chapters not only present the evidence but also can be regarded as a call to action. Contributors include Leonardo Curzio (CISAN/UNAM), Donatella della Porta (European University Institute), Delia Ferreira Rubio (a member of the international boa



Latin American Entrepreneurs


Latin American Entrepreneurs
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Author : Daniel Lederman
language : en
Publisher: World Bank Publications
Release Date : 2014

Latin American Entrepreneurs written by Daniel Lederman and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Business & Economics categories.


Entrepreneurship -- manifested in the entry of new firms or products into new markets, or substantial improvements in technological capacity or process innovation by incumbent firms -- is widely considered to be an important ingredient for long term economic development. This report argues that entrepreneurship is also a source of employment generation, export growth, and resilience during economic downturns. Although the conventional wisdom suggests that Latin American and Caribbean countries underperform relative to China and other emerging markets in terms of its entrepreneurial dynamism, t.