This book examines the interrelationship between the external debt problem and the consolidation of democracy in Latin America in the 1990s. It considers the interplay of actors, including creditor governments, international financial institutions, debtor countries, commercial banks, and multinational corporations, and environment in the new decade, focusing on whether or not Latin America's political regimes can strengthen and democratize their respective economies while continuing to guarantee the country's democratic politics. The foreign debt problem casts an especially long shadow on the Latin American democracies. While important in its own right, understanding the Latin American experience is also essential in light of changes in Eastern Europe. Despite many obvious cultural differences and historical experiences, there are many parallels between the two regions - democratization at a time of economic crisis and of heavy external debt. This book underscores the lessons of the Latin American experience, and should make it essential reading for anyone concerned wth the global economy.
Product Identifiers
Publisher
ABC-Clio
ISBN-13
9780275939038
eBay Product ID (ePID)
94869819
Product Key Features
Author
Jane Hughes, Uwe Bott, Scott B. Macdonald
Publication Name
Latin American Debt in the 1990s: Lessons from the Past and Forecasts for the Future