Milton Public Library

Creative destruction?, economic crises and democracy in Latin America, Francisco E. Gonzalez

Classification
1
Contributor
1
Content
1
Label
Creative destruction?, economic crises and democracy in Latin America, Francisco E. Gonzalez
Language
eng
Index
no index present
Literary form
non fiction
Main title
Creative destruction?
Medium
electronic resource
Nature of contents
dictionaries
Responsibility statement
Francisco E. Gonzalez
Sub title
economic crises and democracy in Latin America
Summary
This illuminating historical study examines the political economies of three Latin American countries in their transition toward democratization. Through most of the twentieth century, financial shocks toppled democratic and authoritarian regimes across Latin America. But, things began to change in the 1980s. In this wide-ranging comparative history of Argentina, Uruguay, and Chile, Francisco E. González explains why. Gonzalez examines how, these three-countries were, affected by the Great Depression, Latin America's 1980s debt crisis, and the late 1990s emerging markets' meltdowns. He finds that democratic or not, each nation's regime gained stability in the 1980s thanks to changes in institutions, material interests, economic policies, and other factors. Underlying these developments was a growing ease in the exchange of ideas that created a pro-democracy bias-even in Pinochet's Chile. With a concluding chapter on the impact of the 'Great Recession in other Latin American states, Eastern Europe, and East Asia, Creative Destruction?' lends insight into the survival of democratic and authoritarian regimes during times of extreme financial instability
Target audience
adult

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