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The way external forces influence political and economic outcomes in developing countries is an ongoing concern of scholars and policymakers. In the 1970s and 1980s, dependency analysis was a popular way of approaching this topic, but it later fell into disrepute. This Element argues that it may be useful to revamp dependency to interpret China's new relationships with developing countries, including Latin America. Economic links with China have become important determinants of the region's development. Stallings discusses the dependency debates, reviews the way dependency operated in the US-Latin American case, and analyzes the growing Chinese presence within a dependency framework.
While most analysts focus on the differences between traditional and emerging donors, Stallings and Kim here argue that a more important distinction is between East Asian donors and their western counterparts.
Access to finance is critical in setting the course for development in emerging market economies. In this innovative study, which provides the first book-length analysis of the Latin American financial sector, Barbara Stallings and Rogerio Studart examine the dramatic changes resulting from financial liberalization in the region.
Offers an account of the interplay of politics and economics in Chile in three successive administrations ending with the 1973 coup suggests that social class plays a major role in determining the outcome of economic policies in Latin America.
In the last ten to fifteen years, the Latin American and Caribbean region has undergone the most significant transformation of economic policy since World War II.
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