Crucial Needs, Weak Incentives


Book Description

Lowden, and Patricia Ramirez.




Latin America's Quest for Globalization


Book Description

Investments by Spanish firms in Latin America have grown since the early 1990s by taking over many of the state-owned firms put out to tender. Second only to the United States, these investments make Spain one of the largest markets of foreign direct investment for Latin America. This multidisciplinary volume focuses on the emergence of Spanish multinational enterprises in this region. Furthermore, it analyzes the sociological and political consequences of these investments and exhibits several theoretical and methodological approaches that make the book a useful aid for teaching. It is essential reading for those who want to understand structural reforms, their consequences and the international impact of economic reform.




Globalization and Development


Book Description

Globalization and Development draws upon the experiences of the Latin American and Caribbean region to provide a multidimensional assessment of the globalization process from the perspective of developing countries. Based on a study by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), this book gives a historical overview of economic development in the region and presents both an economic and noneconomic agenda that addresses disparity, respects diversity, and fosters complementarity among regional, national, and international institutions. For orders originating outside of North America, please visit the World Bank website for a list of distributors and geographic discounts at http://publications.worldbank.org/howtoorder or e-mail [email protected].




Latin America in the 21st Century


Book Description

Twenty-first century Latin America is rich in history, culture, and political and social experimentation. In this fascinating and insightful analysis, Gardini looks at contemporary developments at three interconnected levels: state, region and globe. At the state level, leaders such as Evo Morales of Bolivia and Chavez of Venezuela embody a renewed intellectual autonomy in the continent, while revealing significant discrepancies between their rhetoric and their actions. At the regional level, while a consensus has emerged over Latin American unity as the only way towards development, the existence of several competing schemes of regional economic and political integration more accurately reflect the diversity of the area. At the global level, elements of change, such as the rise of Brazil and the involvement of China as a new trade partner, sit alongside traits of continuity, such as the crucial political, economic and ideational role played by Washington. Overall, Gardini argues that despite the numerous challenges to be faced, Latin America is now more wealthy, autonomous and better-placed in global geopolitics than at any time in its recent history.




Making the Americas


Book Description

The author, an expert on business interests in Latin America, examines U.S. efforts, spanning two centuries, to impose economic dominance on the peoples of the Americas and the Latin American responses to these policies.




Latin America's Turbulent Transitions


Book Description

Over the past few years, something remarkable has occurred in Latin America. For the first time since the Sandinista Revolution in Nicaragua in the 1980s, people within the region have turned toward radical left governments - specifically in Venezuela, Bolivia, and Ecuador. Why has this profound shift taken place and how does this new, so-called Twenty-First-Century Socialism actually manifest itself? What are we to make of the often fraught relationship between the social movements and governments in these countries and do, in fact, the latter even qualify as 'socialist' in reality? These are the bold and critical questions that Latin America's Turbulent Transitions explores. The authors provocatively argue that although US hegemony in the region is on the wane, the traditional socialist project is also declining and something new is emerging. Going beyond simple conceptions of 'the left', the book reveals the true underpinnings of this powerful, transformative, and yet also complicated and contradictory process.




The Quest for Security


Book Description

Some have suggested that the turmoil in the eurozone "proves" the deficiencies in the welfare state. This book argues that the superior performance of the Scandinavian countries arises from their superior systems of social protection, which allow their citizens to undertake greater risk and more actively participate in globalization. Others suggest that we can address terrorism or transnational crimes through the strengthening of borders or long distance wars. This book develops the proposition that such approaches have the opposite effect and that only through spreading the kind of human security experienced in well-ordered societies can these dangers be managed. This book also examines how these global changes play out not only in the relations among countries and the management of globalization but at every level of our society--




Can Latin America Compete?


Book Description

Can Latin America compete? Many argue that the macroeconomic and trade reforms of the 1990s merely put a handsome coat of paint over education, labour, judicial, and administrative reforms that remain incomplete. This book identifies ten factors that most influence the competitiveness of Latin American nations and will shape their economic futures.




Uncle Sam's War of 1898 and the Origins of Globalization


Book Description

The roots of American globalization can be found in the War of 1898. Then, as today, the United States actively engaged in globalizing its economic order, itspolitical institutions, and its values. Thomas Schoonover argues that this drive to expand political and cultural reach -- the quest for wealth, missionary fulfillment, security, power, and prestige -- was inherited by the United States from Europe, especially Spain and Great Britain. Uncle Sam's War of 1898 and the Origins of Globalization is a pathbreaking work of history that examines U.S. growth from its early nationhood to its first major military conflict on the world stage, also known as the Spanish-American War. As the new nation's military, industrial, and economic strength developed, the United States created policies designed to protect itself from challenges beyond its borders. According to Schoonover, a surge in U.S. activity in the Gulf-Caribbean and in Central America in the late nineteenth and early twentieth centuries was catalyzed by the same avarice and competitiveness that motivated the European adventurers to seek a route to Asia centuries earlier. Addressing the basic chronology and themes of the first century of the nation's expansion, Schoonover locates the origins of the U.S. goal of globalization. U.S. involvement in the War of 1898 reflects many of the fundamental patterns in our national history -- exploration and discovery, labor exploitation, violence, racism, class conflict, and concern for security -- that many believe shaped America's course in the twentieth and twenty-first century.




Emerging Capital Markets and Globalization


Book Description

Back in the early 1990s, economists and policy makers had high expectations about the prospects for domestic capital market development in emerging economies, particularly in Latin America. Unfortunately, they are now faced with disheartening results. Stock and bond markets remain illiquid and segmented. Debt is concentrated at the short end of the maturity spectrum and denominated in foreign currency, exposing countries to maturity and currency risk. Capital markets in Latin America look particularly underdeveloped when considering the many efforts undertaken to improve the macroeconomic environment and to reform the institutions believed to foster capital market development. The disappointing performance has made conventional policy recommendations questionable, at best. 'Emerging Capital Markets and Globalization' analyzes where we stand and where we are heading on capital market development. First, it takes stock of the state and evolution of Latin American capital markets and related reforms over time and relative to other countries. Second, it analyzes the factors related to the development of capital markets, with particular interest on measuring the impact of reforms. And third, in light of this analysis, it discusses the prospects for capital market development in Latin America and emerging economies and the implications for the reform agenda.