Description
Book SynopsisLatin America was one of the regions least affected by the global financial crisis of 2008. Latin America after the Financial Crisis explains how the global financial crisis affected the region and why it was not as severe as other crises in the past.
Trade Review“Latin America after the Financial Crisis is stronger on diagnosis than innovative policy prescription. … a richly textured view of how Latin America experienced the global financial crisis. Opening with commonly understood causes of the crisis in globalized capital markets, the book contests the neoclassical view that unsound monetary policy, regulatory failures, fraudulent practices, and external shocks were at the core of the seismic crisis.” (Patrice Franko, Latin American Research Review, Vol. 54 (1), 2019)
Table of Contents1. Introduction; Juan Santarcangelo 2. Unraveling the Sub-prime Global Financial Crisis; Orlando Justo and Juan Santarcangelo 3. The Global Crisis and its Effects on the Accumulation in Argentina; Juan Santarcangelo and Guido Perrone 4. The Impact of the Global Economic Crisis on Brazil from 2008 to the Present; Paul Cooney and Gilberto Marquez 5. Boom and Bust in Colombia 1990-2013; Guillermo Maya Munoz and Daniel Restrepo Soto 6. The Global Crisis and the Chilean Economy; Claudio Lara Cortes 7. The Impact of the Global Post-2007 Economic Crisis and Subsequent Lethargic Performance on Cuba's Economy; Al Campbell 8. The Structural Causes of the Severity of the World Crisis in Mexico; Abelardo Marina Flores and Sergio Camara Izquierdo 9. Venezuela and the International Crisis; Diego Mansilla 10. The Aftermath of the Global Financial Crisis in Latin America; Paul Cooney, Orlando Justo and Juan Santarcangelo