Armijo Leslie Elliot Unexpected Outcomes 9780815724766

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Автор: Armijo Leslie Elliot
Название: Unexpected Outcomes
ISBN: 9780815724766
Издательство: Mare Nostrum (Eurospan)
Классификация:

Экономика развития и развивающиеся экономики

Политэкономия

ISBN-10: 0815724764
Обложка/Формат: Paperback
Страницы: 250
Вес: 0.42 кг.
Дата издания: 30.01.2015
Серия: Political Science
Язык: English
Иллюстрации: Black & white illustrations
Размер: 233 x 154 x 19
Читательская аудитория: Professional and scholarly
Ключевые слова: Social theory,International economics,Development economics & emerging economies,Political economy,Systems of law, POLITICAL SCIENCE / Comparative Politics,POLITICAL SCIENCE / Political Economy,SOCIAL SCIENCE / Developing & Emerging Countries
Подзаголовок: How emerging economies survived the global financial crisis
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Поставляется из: Англии
Описание: This volume documents and explains the remarkable resilience of emerging market nations in East Asia and Latin America when faced with the global financial crisis in 2008 - 2009. Their quick bounceback from the crisis marked a radical departure from the past, such as when the 1982 debt shocks produced a decade-long recession in Latin America or when the Asian financial crisis dramatically slowed those economies in the late 1990s. Why? This volume suggests that these countries' resistance to the initial financial contagion is a tribute to financial-sector reforms undertaken over the past two decades. The rebound itself was a trade-led phenomenon, favoring the countries that had gone the farthest with macroeconomic restructuring and trade reform. Old labels used to describe neoliberal versus developmentalist strategies do not accurately capture the foundations of this recovery. These authors argue that policy learning and institutional reforms adopted in response to previous crises prompted policymakers to combine state and market approaches in effectively coping with the global financial crisis. The nations studied include Korea, China, India, Mexico, Argentina, and Brazil, accompanied by Latin American and Asian regional analyses that bring other emerging markets such as Chile and Peru into the picture. The substantial differences among the nations make their shared success even more remarkable and worthy of investigation. And although 2012 saw slowed growth in some emerging market nations, the authors argue this selective slowing suggests the need for deeper structural reforms in some countries, China and India in particular.

Unexpected Outcomes, Armijo Leslie Elliot