States, Banks, And Markets

Mexico's Path To Financial Liberalization In Comparative Perspective

Nonfiction, Social & Cultural Studies, Political Science
Cover of the book States, Banks, And Markets by Nancy Auerbach, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Nancy Auerbach ISBN: 9780429976797
Publisher: Taylor and Francis Publication: March 5, 2018
Imprint: Routledge Language: English
Author: Nancy Auerbach
ISBN: 9780429976797
Publisher: Taylor and Francis
Publication: March 5, 2018
Imprint: Routledge
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

More books from Taylor and Francis

Cover of the book Towns and Cities of Medieval India by Nancy Auerbach
Cover of the book Managing Innovation Within Networks by Nancy Auerbach
Cover of the book Eighteenth-century Women by Nancy Auerbach
Cover of the book Cyberhenge by Nancy Auerbach
Cover of the book The Senses and the History of Philosophy by Nancy Auerbach
Cover of the book Maximus the Confessor by Nancy Auerbach
Cover of the book Urban America Examined by Nancy Auerbach
Cover of the book The Englishwoman's Review of Social and Industrial Questions by Nancy Auerbach
Cover of the book Church and State in Modern Britain 1700-1850 by Nancy Auerbach
Cover of the book The Art of Museum Exhibitions by Nancy Auerbach
Cover of the book Ask Anything by Nancy Auerbach
Cover of the book Athletics Challenges by Nancy Auerbach
Cover of the book South Sudan by Nancy Auerbach
Cover of the book Policing and the Legacy of Lawrence by Nancy Auerbach
Cover of the book The Politics and Security of the Gulf by Nancy Auerbach
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy