Financialization, Austerity, and Inclusion in Latin America and the Caribbean

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Author :
Publisher : Lexington Books
ISBN 13 : 1793647968
Total Pages : 183 pages
Book Rating : 4.7/5 (936 download)

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Book Synopsis Financialization, Austerity, and Inclusion in Latin America and the Caribbean by : Rana S. Gautam

Download or read book Financialization, Austerity, and Inclusion in Latin America and the Caribbean written by Rana S. Gautam and published by Lexington Books. This book was released on 2023-12-06 with total page 183 pages. Available in PDF, EPUB and Kindle. Book excerpt: Gautam, Pinheiro, and Wilson analyze the spread of financialization in Latin America and the Caribbean, highlighting the ideational origins of financialization outside the region, its effects on government budgeting and social inclusion, and options for increased inclusivity.

Financialization, Austerity, and Inclusion in Latin America and the Caribbean

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Author :
Publisher : Lexington Books
ISBN 13 : 9781793647955
Total Pages : 0 pages
Book Rating : 4.6/5 (479 download)

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Book Synopsis Financialization, Austerity, and Inclusion in Latin America and the Caribbean by : Rana S. Gautam

Download or read book Financialization, Austerity, and Inclusion in Latin America and the Caribbean written by Rana S. Gautam and published by Lexington Books. This book was released on 2023-12-08 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financialization, Austerity, and Inclusion in Latin America and the Caribbean examines the spread of financialization since 1980, highlighting the ideational origins of financialization outside the region, its effects on government budgeting and social inclusion, and options for increased inclusivity. Rana S. Gautam, Diogo L. Pinheiro, and Dwight Wilson argue that rather than a mechanistic implementation of external pressures, financialization is a complex social process with ideational origins in which national-level actors participate. Ultimately, the authors find that deeper financial integration, the expansion of credit, and reliance on international bond markets drives governments to cut certain areas of social spending and drives inequality but ameliorates absolute poverty. There is, therefore, space for agents to mold financialization and its inclusiveness.

Social Inclusion and Economic Development in Latin America

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Author :
Publisher : IDB
ISBN 13 : 1931003653
Total Pages : 361 pages
Book Rating : 4.9/5 (31 download)

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Book Synopsis Social Inclusion and Economic Development in Latin America by : Mayra Buvinić

Download or read book Social Inclusion and Economic Development in Latin America written by Mayra Buvinić and published by IDB. This book was released on 2004 with total page 361 pages. Available in PDF, EPUB and Kindle. Book excerpt: Poverty and inequality in Latin America are easily recognizable in the faces of women, Afro-descendents, the indigenous, people with disabilities, victims of HIV/AIDS, and other groups outside the societal mainstream. Social Inclusion and Economic Development in Latin America reviews the common features of these excluded populations, including their invisibility in official statistics and the stigma, discrimination, and disadvantages they have long endured. But it also examines the region's inclusionary policies and programs that can improve access by these groups to the quality social services and economic and political resources these groups need to level the playing field. Case studies examine ethnic and racial political organization, gender quotas, and labor markets across the region, and social exclusion in Brazil, Honduras, Guatemala, Mexico, and Peru. Comparative studies summarize social inclusion policies of both the European Union and selected countries on the Continent.

Better Spending for Better Lives

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Publisher :
ISBN 13 : 9781597823302
Total Pages : pages
Book Rating : 4.8/5 (233 download)

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Book Synopsis Better Spending for Better Lives by : Alejandro Izquierdo

Download or read book Better Spending for Better Lives written by Alejandro Izquierdo and published by . This book was released on 2018-08-31 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

The State of State Reforms in Latin America

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Publisher : World Bank Publications
ISBN 13 : 0821365762
Total Pages : 474 pages
Book Rating : 4.8/5 (213 download)

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Book Synopsis The State of State Reforms in Latin America by : Eduardo Lora

Download or read book The State of State Reforms in Latin America written by Eduardo Lora and published by World Bank Publications. This book was released on 2006-10-23 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin America suffered a profound state crisis in the 1980s, which prompted not only the wave of macroeconomic and deregulation reforms known as the Washington Consensus, but also a wide variety of institutional or 'second generation' reforms. 'The State of State Reform in Latin America' reviews and assesses the outcomes of these less studied institutional reforms. This book examines four major areas of institutional reform: a. political institutions and the state organization; b. fiscal institutions, such as budget, tax and decentralization institutions; c. public institutions in charge of sectoral economic policies (financial, industrial, and infrastructure); and d. social sector institutions (pensions, social protection, and education). In each of these areas, the authors summarize the reform objectives, describe and measure their scope, assess the main outcomes, and identify the obstacles for implementation, especially those of an institutional nature.

Globalization and Development

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Author :
Publisher : Stanford University Press
ISBN 13 : 9780804749565
Total Pages : 238 pages
Book Rating : 4.7/5 (495 download)

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Book Synopsis Globalization and Development by : José Antonio Ocampo

Download or read book Globalization and Development written by José Antonio Ocampo and published by Stanford University Press. This book was released on 2003 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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].

The Inclusionary Turn in Latin American Democracies

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Author :
Publisher : Cambridge University Press
ISBN 13 : 110890159X
Total Pages : 587 pages
Book Rating : 4.1/5 (89 download)

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Book Synopsis The Inclusionary Turn in Latin American Democracies by : Diana Kapiszewski

Download or read book The Inclusionary Turn in Latin American Democracies written by Diana Kapiszewski and published by Cambridge University Press. This book was released on 2021-02-04 with total page 587 pages. Available in PDF, EPUB and Kindle. Book excerpt: Latin American states took dramatic steps toward greater inclusion during the late twentieth and early twenty-first Centuries. Bringing together an accomplished group of scholars, this volume examines this shift by introducing three dimensions of inclusion: official recognition of historically excluded groups, access to policymaking, and resource redistribution. Tracing the movement along these dimensions since the 1990s, the editors argue that the endurance of democratic politics, combined with longstanding social inequalities, create the impetus for inclusionary reforms. Diverse chapters explore how factors such as the role of partisanship and electoral clientelism, constitutional design, state capacity, social protest, populism, commodity rents, international diffusion, and historical legacies encouraged or inhibited inclusionary reform during the late 1990s and early 2000s. Featuring original empirical evidence and a strong theoretical framework, the book considers cross-national variation, delves into the surprising paradoxes of inclusion, and identifies the obstacles hindering further fundamental change.

The Popular Economy in Urban Latin America

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Author :
Publisher :
ISBN 13 : 9781498572392
Total Pages : 214 pages
Book Rating : 4.5/5 (723 download)

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Book Synopsis The Popular Economy in Urban Latin America by : Eveline Dürr

Download or read book The Popular Economy in Urban Latin America written by Eveline Dürr and published by . This book was released on 2019 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited volume develops a fresh perspective on popular commerce in Latin American cities by focusing on materiality, gender, and the interface of a wide range of actors, agencies, and informalities.

Inclusive Social Protection in Latin America

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Author :
Publisher : UN
ISBN 13 : 9789210210850
Total Pages : 0 pages
Book Rating : 4.2/5 (18 download)

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Book Synopsis Inclusive Social Protection in Latin America by : Simone Cecchini (ECLAC.)

Download or read book Inclusive Social Protection in Latin America written by Simone Cecchini (ECLAC.) and published by UN. This book was released on 2012 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication examines the main debates under way on social protection and co-responsibility transfer programmes. It identifies the role played by these programmes and considers the conceptual elements, needs and the challenges that will have to be overcome to consolidate comprehensive social protection systems in Latin America. The authors argue that these should be solidarity-based systems that provide universal coverage and are essentially egalitarian in the guarantees established as citizens' rights. Citizenship as a whole is thus becoming part of protection policies as the region moves towards all-encompassing social policies that combine the complementary principles of targeting as the instrument and universality as the end.

Social Panorama of Latin America 2020

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Author :
Publisher : UN
ISBN 13 : 9789211220698
Total Pages : 0 pages
Book Rating : 4.2/5 (26 download)

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Book Synopsis Social Panorama of Latin America 2020 by : United Nations Publications

Download or read book Social Panorama of Latin America 2020 written by United Nations Publications and published by UN. This book was released on 2021-07-29 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication examines the social impact of an unprecedented crisis. The effects of the COVID-19 pandemic have spread to all areas of human life, altering the way we interact, crippling economies and bringing about profound changes in societies. The pandemic has highlighted and exacerbated the major structural gaps in the region, and it is clear that the costs of inequality have become unsustainable and that it is necessary to rebuild with equality and sustainability, aiming for the creation of a true welfare state, long overdue in the region.

Global Waves of Debt

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Author :
Publisher : World Bank Publications
ISBN 13 : 1464815453
Total Pages : 403 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Waves of Debt by : M. Ayhan Kose

Download or read book Global Waves of Debt written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-03 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.

Financial Inclusion

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Author :
Publisher : Policy Press
ISBN 13 : 1447355938
Total Pages : 178 pages
Book Rating : 4.4/5 (473 download)

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Book Synopsis Financial Inclusion by : Prabhakar, Rajiv

Download or read book Financial Inclusion written by Prabhakar, Rajiv and published by Policy Press. This book was released on 2021-01-20 with total page 178 pages. Available in PDF, EPUB and Kindle. Book excerpt: Should the public play a greater role within the financial system? Decisions about money are a part of our everyday lives. Supporters promote financial inclusion as a way of helping people navigate decisions about money. However, critics fear these policies promote the financialisation of the welfare state and turn citizens into consumers. Presenting a nuanced, critical analysis of financial inclusion, Rajiv Prabhakar brings together the supportive and critical literatures which have, until now, developed in parallel. Addressing key issues including the poverty premium, financial capability and housing, this essential dialogue advances crucial public, academic and policy debates and proposes alternative paths forward.

The Global Financial Crisis and Austerity

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Author :
Publisher : Policy Press
ISBN 13 : 1447330390
Total Pages : 160 pages
Book Rating : 4.4/5 (473 download)

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Book Synopsis The Global Financial Crisis and Austerity by : David Clark

Download or read book The Global Financial Crisis and Austerity written by David Clark and published by Policy Press. This book was released on 2016 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given the far-reaching impact of both the 2008 financial crash and postcrash austerity policies on so many people's lives, there exists a need for a succinct, straightforward guide to the situation's causes and its long-term significance. The Global Financial Crisis and Austerity fulfills that need. Written by an expert in political science, this book spans the fields of finance, economics, and politics to demystify the sometimes arcane world of global finance, such as the shadow banking system, and put the recent financial crisis in its historical context. Addressing a number of themes that economists writing on the crisis tend to neglect, David Clark not only outlines the policy responses of Western governments to the crash, the ensuing recession, and in their turn to austerity, but also reviews the crash's larger legacy and asks if the crisis is really over. Supplementing his discussion with a glossary of key terms, processes, and institutions, Clark provides an invaluable overview for all of us affected by the crash, offering a range of possible scenarios for the future.

The Takeover of Social Policy by Financialization

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Publisher : Springer
ISBN 13 : 1137491078
Total Pages : 233 pages
Book Rating : 4.1/5 (374 download)

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Book Synopsis The Takeover of Social Policy by Financialization by : Lena Lavinas

Download or read book The Takeover of Social Policy by Financialization written by Lena Lavinas and published by Springer. This book was released on 2017-03-25 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book critically addresses the model of social inclusion that prevailed in Brazil under the rule of the Workers Party from the early 2000s until 2015. It examines how the emergence of a mass consumer society proved insufficient, not only to overcome underdevelopment, but also to consolidate the comprehensive social protection system inherited from Brazil’s 1988 Constitution. By juxtaposing different theoretical frameworks, this book scrutinizes how the current finance-dominated capitalism has reshaped the role of social policy, away from rights-based decommodified benefits and towards further commodification. This constitutes the Brazilian paradox: how a center-left government has promoted and boosted financialization through a market incorporation strategy using credit as a lever for expanding financial inclusion. In so doing, it has pushed the subjection of social policy further into the logic of financial markets.

Financial Crisis Management and Democracy

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Author :
Publisher : Springer Nature
ISBN 13 : 3030548953
Total Pages : 372 pages
Book Rating : 4.0/5 (35 download)

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Book Synopsis Financial Crisis Management and Democracy by : Bettina De Souza Guilherme

Download or read book Financial Crisis Management and Democracy written by Bettina De Souza Guilherme and published by Springer Nature. This book was released on 2020-12-09 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book discusses financial crisis management and policy in Europe and Latin America, with a special focus on equity and democracy. Based on a three-year research project by the Jean Monnet Network, this volume takes an interdisciplinary, comparative approach, analyzing both the role and impact of the EU and regional organizations in Latin America on crisis management as well as the consequences of crisis on the process of European integration and on Latin America’s regionalism. The book begins with a theoretical introduction, exploring the effects of the paradigm change on economic policies in Europe and in Latin America and analyzing key systemic aspects of the unsustainability of the present economic system explaining the global crises and their interconnections. The following chapters are divided into sections. The second section explores aspects of regional governance and how the economic and financial crises were managed on a macro level in Europe and Latin America. The third and fourth sections use case studies to drill down to the impact of the crises at the national and regional levels, including the emergence of political polarization and rise in populism in both areas. The last section presents proposals for reform, including the transition from finance capitalism to a sustainable real capitalism in both regions and at the inter-regional level of EU-LAC relations.The volume concludes with an epilogue on financial crises, regionalism, and domestic adjustment by Loukas Tsoukalis, President of the Hellenic Foundation for European and Foreign Policy (ELIAMEP). Written by an international network of academics, practitioners and policy advisors, this volume will be of interest to researchers and students interested in macroeconomics, comparative regionalism, democracy, and financial crisis management as well as politicians, policy advisors, and members of national and regional organizations in the EU and Latin America.

Global Economic Prospects, June 2021

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Author :
Publisher : World Bank Publications
ISBN 13 : 1464816662
Total Pages : 339 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Global Economic Prospects, June 2021 by : World Bank

Download or read book Global Economic Prospects, June 2021 written by World Bank and published by World Bank Publications. This book was released on 2021-08-03 with total page 339 pages. Available in PDF, EPUB and Kindle. Book excerpt: The world economy is experiencing a very strong but uneven recovery, with many emerging market and developing economies facing obstacles to vaccination. The global outlook remains uncertain, with major risks around the path of the pandemic and the possibility of financial stress amid large debt loads. Policy makers face a difficult balancing act as they seek to nurture the recovery while safeguarding price stability and fiscal sustainability. A comprehensive set of policies will be required to promote a strong recovery that mitigates inequality and enhances environmental sustainability, ultimately putting economies on a path of green, resilient, and inclusive development. Prominent among the necessary policies are efforts to lower trade costs so that trade can once again become a robust engine of growth. This year marks the 30th anniversary of the Global Economic Prospects. The Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing economies, on a semiannual basis (in January and June). Each edition includes analytical pieces on topical policy challenges faced by these economies.

Pesos or Plastic?

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Author :
Publisher : Springer
ISBN 13 : 3030148769
Total Pages : 102 pages
Book Rating : 4.0/5 (31 download)

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Book Synopsis Pesos or Plastic? by : Ken Mitchell

Download or read book Pesos or Plastic? written by Ken Mitchell and published by Springer. This book was released on 2019-03-28 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book covers financial inclusion in the southern cone (Argentina, Brazil, and Chile) and its impact on public finance. Possible negative consequences of greater financial inclusion are identified, but the book argues potential benefits outweigh costs. Financial inclusion has many definitions, but in this book, we interpret it as bank account ownership and the use of banking services. Financial inclusion in this context proffers advantages in the area of tax collection, perhaps the southern cone’s gravest economic obstacle given its future debt servicing commitments and its socioeconomic development challenges. Households with a bank account – or, the bank participation rate – began increasing significantly around 2002, and this increase has coincided with an unexpected rise in tax collection (especially value-added taxes (VAT)) spanning periods of macroeconomic growth (2003-2009) and stagnation (2010-2015). Correlation does not imply causation, yet using empirical methods this book shows financial inclusion contributes to better tax collection by encouraging more formal market transactions via the use of bank-provided credit and debit cards. Consumption represents the largest component of most economies and consumption taxes contribute more to public revenue in the southern cone than other taxes, hence more formal consumption enhances overall tax collection. ​