States, Banks, And Markets: Mexico's Path To Financial Liberalization In Comparative Perspective - Couverture souple

Auerbach, Nancy

Couverture souple

ISBN 10 : 0813367646 ISBN 13 : 9780813367644

Editeur : Routledge, 2000

Synopsis

In States, Banks, and Markets Nancy Neiman Auerbach approaches financial policymaking as a strategic interaction between two sets of domestic actors: private financiers and state officials. Through a comparative lens, Auerbach explains why the transition to financial liberalization was accompanied by economic crisis and declining growth rates in countries such as Mexico, while the same policy was associated with higher growth rates and a relatively more equitable distribution of income in other countries such as South Korea and Hong Kong.Auerbach first sets up a theoretical foundation that underlies the comparative case studies, and she then follows with a detailed account of Mexico's transition to financial liberalization in the 1980s. The author systematically compares various countries' cases--Germany, South Korea, Hong Kong, Turkey--with Mexico as a means of underscoring the central and recurring themes illustrated by financial market politics in newly industrializing countries. The author then returns to her analysis of Mexico with an examination of the Mexican peso crisis in light of the recent financial crises in Asia. Auerbach not only demonstrates how the timing and duration of the liberalization process is the element differentiating the performance of newly industrializing countries (rather than financial liberalization itself), for she takes the analysis a step further by explaining the economic and political preconditions that put a country in the position to choose a reasonable reform path.

A propos du livre

À propos de l'auteur

Nancy Neiman Auerbach is associate professor of international political economy at Scripps College, where she has received the highest award for excellence in teaching. She holds a M.A. in Economics and a Ph.D. in Political Science, both from Yale University.

Détails de l'édition

• Éditeur: Routledge
• Date d'édition: 2000
• Langue: anglais
• ISBN 10: 0813367646
• ISBN 13: 9780813367644
• Reliure: Broché
• Nombre de pages: 200
• Coordonnées du fabricant: non disponible
• Personne responsable: gpsr@libri.de; gpsr@libri.de; ; Europaallee 1; Bad Hersfeld; 36244; Allemagne