Finance Reform and the State pdf epub mobi txt 電子書 下載 2024


Finance Reform and the State

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Kessler, Timothy P.
Greenwood Pub Group
1999-11
212
$ 38.36
Pap
9780275965693

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发表于2024-11-28

Finance Reform and the State epub 下載 mobi 下載 pdf 下載 txt 電子書 下載 2024

Finance Reform and the State epub 下載 mobi 下載 pdf 下載 txt 電子書 下載 2024

Finance Reform and the State pdf epub mobi txt 電子書 下載 2024



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Kessler shows how political considerations distorted the liberalization process in Mexico, leading to inconsistent and unsustainable patterns of financial policy. Although market reform is promoted in developing countries to improve economic efficiency and stimulate growth, in Mexico financial liberalization provided rent-seeking opportunities for privileged groups and increased the states' ability to finance politically inspired obligations. The research examines four periods: the populist administrations of Echeverr?a and Lopez Portillo, during which the foundations of modern financial markets were paradoxically laid; the debt-crisis years of de la Madrid, who reversed his party's political strategy by favoring the business class with financial opportunities; the economic transformation undertaken by Carlos Salinas, who mixed genuine reform with destabilizing anti-market measures; and the political watershed of the Zedillo administration, whose unpopular bank rescue gave opposition parties unprecedented power within Mexico's policy making process. Kessler also provides a comparison of financial collapse in two other emerging markets, South Korea and Russia, and examines the political roots of crisis in both countries. He concludes by suggesting how greater attention to questions of power, social organization, and challenges to state authority can help the policy-making community avoid giving well-meaning advice that is unlikely to be implemented in a sustainable way.

Finance Reform and the State 下載 mobi epub pdf txt 電子書

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Finance Reform and the State pdf epub mobi txt 電子書 下載
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