Financial Globalization and Democracy in Emerging Markets - Hardcover

 
9780312220143: Financial Globalization and Democracy in Emerging Markets

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Inhaltsangabe

Political scientists and economists offer evidence that the shift in cross-border funds from public to private sources makes the borrowing countries less subject to the overtly political demands of donor countries, but more constrained to implement neoliberal, and perhaps inappropriate economic policies; and shifts the benefits from the public to private sectors of the poor countries. They generally lament the strains it puts on fragile governments, and also look at the impacts on opposition politicians, business, and workers. Mexico, Brazil, Russian, and India are among the countries analyzed. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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