Neoliberal Resilience (eBook)

Lessons in Democracy and Development from Latin America and Eastern Europe

Aldo Madariaga (Autor)

eBook Download: EPUB

2020
368 Seiten
Princeton University Press (Verlag)
978-0-691-20160-3 (ISBN)

Infos

An exploration of the factors behind neoliberalism's resilience in developing economies and what this could mean for democracy's futureSince the 1980s, neoliberalism has withstood repeated economic shocks and financial crises to become the hegemonic economic policy worldwide. Why has neoliberalism remained so resilient? What is the relationship between this resiliency and the backsliding of Western democracy? Can democracy survive an increasingly authoritarian neoliberal capitalism? Neoliberal Resilience answers these questions by bringing the developing world's recent history to the forefront of our thinking about democratic capitalism's future.Looking at four decades of change in four countries once considered to be leading examples of effective neoliberal policy in Latin America and Eastern Europe-Argentina, Chile, Estonia, and Poland-Aldo Madariaga examines the domestic actors and institutions responsible for defending neoliberalism. Delving into neoliberalism's political power, Madariaga demonstrates that it is strongest in countries where traditional democratic principles have been slowly and purposefully weakened. He identifies three mechanisms through which coalitions of political, institutional, and financial forces have propagated neoliberalism's success: the privatization of state companies to create a supporting business class, the use of political institutions to block the representation of alternatives in congress, and the constitutionalization of key economic policies to shield them from partisan influence. Madariaga reflects on today's most pressing issues, including the influence of increasing austerity measures and the rise of populism.A comparative exploration of political economics at the peripheries of global capitalism, Neoliberal Resilience investigates the tensions between neoliberalism's longevity and democracy's gradual decline.

Produkt-Details

• Erscheint lt. Verlag: 1.9.2020
• Zusatzinfo: 9 b/w illus. 34 tables.
• Sprache: englisch
• Themenwelt: Sachbuch/Ratgeber ► Beruf / Finanzen / Recht / Wirtschaft ► Wirtschaft
• Themenwelt: Sozialwissenschaften ► Politik / Verwaltung ► Politische Systeme
• Themenwelt: Sozialwissenschaften ► Politik / Verwaltung ► Politische Theorie
• Themenwelt: Wirtschaft ► Volkswirtschaftslehre ► Wirtschaftspolitik
• Schlagworte: Agriculture • authoritarianism • Baltic News Service • business sector • Capital control • Capital Flight • Capitalism • Carlos Menem • Central Bank • Centre-left politics • Centre-right politics • centrism • Coalition Government • communism • communist state • Comparative Advantage • Comparative Political Economy • competitiveness • Cornel Ban • Criticism • Currency • Currency Board • currency politics • Daniel S. Jones • David Soskice • debt • Democracy • Democracy and Prosperity: Reinventing Capitalism through a Turbulent Century • democratic consolidation • Democratization • Depreciation • Deregulation • Devaluation • Dictatorship • Diversification (finance) • Economic Growth • economic interventionism • Economic Policy • Economics • Economic sector • economy • Election • Elite • Employment • Exchange Rate • Exchange-rate regime • Export • External Debt • Financial Crisis • Financial Services • Fiscal conservatism • Fiscal Policy • Foreign Direct Investment • Free Trade • From Economic Crisis to Reform: IMF programs in Latin America and Eastern Europe, Gregoire Pop-Eleches • From Triumph to Crisis: Neoliberal Economic Reform in Postcommunist Countries • Funding • Globalists: The End of Empire and the Birth of Neoliberalism • Governance • Government • hegemony • How Global Neoliberalism Goes Local • Ideology • industrialisation • Industrial Policy • Inflation Targeting • Institution • institutional lock-in • Interest Rate • International Development • International financial institutions • Investment • Jeffrey Frieden • Keynesian Economics • Latin America • Latin American Studies • left-wing politics • Legislation • liberal democracy • Liberalization • lustration • Market Economy • Masters of the Universe • Military Dictatorship • Mitchell Orenstein • monetary policy • nation state • Neoliberalism • neoliberal policies • Party System • Policy • policy framework • Political Economy • Political Party • Politician • Politics • Populism • Privatization • Provision (accounting) • Public Expenditure • Public Policy • public utility • Quinn Slobodian • Recession • Referendum • Regime • Representative Democracy • right-wing politics • social blocs • Social Democracy • Socioeconomics • state of emergency • state-owned enterprise • Subsidy • support creation • tariff • Tax • Torben Iversen • Trade Union • Unemployment • Veto • welfare
• ISBN-10: 0-691-20160-9 / 0691201609
• ISBN-13: 978-0-691-20160-3 / 9780691201603