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"Gradual Economic Reform in Latin America questions why most Latin American countries have not nearly complete neoliberal economic reforms. Examining Costa Rica as an important example of the gradual, as opposed to radical, approach, Mary A. Clark utilizes over one hundred fifty interviews as well as secondary data to present ten mini-case studies of structural adjustment in the 1980s and 1990s. In analyzing the economic, social, and political outcomes...
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"In the last fifteen years, Japan's economy has gone from being a model of success to being an object lesson in failure. Here, William W. Grimes offers a detailed, insider's view of the key macroeconomic policies and events in contemporary Japan." "Based on scores of interviews with Japanese policy makers, this is the first political explanation of why these catastrophic policies were carried out by the Ministry of Finance, the Bank of Japan, and...
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"Saving the Sun tells the story of Long Term Credit Bank, one of the nation's most respected financial institutions, and its attempts to transform itself into a Western-style bank. Through the stories of three extraordinary men, former Financial Times Tokyo bureau chief Gillian Tett brings to life the bank's long struggle to regain its financial health. In the process, she shines a light into the secretive world of Japanese banking where business...
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Although it typically is taken for granted that African economies perform poorly, it is less well known that there are a small but significant number of success stories on the continent. What accounts for Africa's average stagnation, and for the wide regional variations in developmental fortunes? Englebert argues with compelling statistics and the liberal use of examples that differences in economic performance both in Africa and across the developing...
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"In this book, the authors address Japan's economic crisis of the 1990s. They argue that most attempts to reconcile Japan's past success with its current problems have been inadequate, primarily because scholars fail to fully understand how Japan's political-economic system was organized and how it operated in the past. Revealing that certain long-term political and economic trends suggested in subtle but unambiguous ways that the crisis of the 1990s...
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Rapley critically traces the evolution of development theory from its strong statist orientation in the early postwar period, through the neoclassical phase, to the present emerging consensus on people-centered development. New to the third edition is a chapter on "postdevelopment" thought, as well as increased attention to the challenges posed by weak states and by critical environmental issues.
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"As we enter the 21st century, many countries of the South are in a state of economic crisis, with once optimistic visions of the future cruelly dashed by rising mass poverty, inequality, and hunger. At the same time, working people in the North find their living standards declining. Dark Victory reveals the roots of these global trends in a sweeping strategy of global economic rollback unleashed by the U.S. to shore up the North's domination of the...
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Contemporary capitalism has disrupted the conventional pattern of revolutionary upheaval, civil wars, and pacification in Central America. In this timely study, William Robinson maps the likely shape of change in the region. This book is likely to unsettle policy-makers in Washington but will become a point of reference for both scholars and activists peering into the future.
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This book presents an analysis of contemporary Central American history from a social perspective and, more specifically, from that of one of its main components: the world of labor. Despite undeniable changes, this world is still made up of three basic logics: Labor markets reflect an inability to generate sufficient employment, labor relations remain precarious, and labor subjects and actors solid enough for their voice to be heard have not managed...
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Today Mexico is viewed as a success story in the management of economic adjustment and structural reform. Inflation is under control, capital and foreign investment are returning, and output growth has increased. Mexico's recovery, however, has been neither fast nor smooth, and the social costs the country has borne for the past several years have been very large. In 1982, Mexico faced a severe balance-of-payments crisis. Rampant inflation, capital...
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This is the story of good intentions gone wrong. It begins in 1945 with a pledge to end poverty through a newly created international banking institution. Staffed by the most talented economists from the best universities, the World Bank embarked on this task with the self-assurance only technicians isolated from reality can possess. Fifty years later, the gap between the rich and the underdeveloped nations is wider than ever, thanks in no small part...
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