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An analysis of the failure of neoliberal market reforms in producing sustained growth in emerging markets. Focuses on problems with weak accountability institutions, and collusion between government and business, political patronage, and corruption - Provided by publisher
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"After a modest increase in Metro fares in Santiago, Chile, last October, twenty Metro stations were simultaneously set … protesters on the streets. The people of Chile were rejecting low pensions, highway tolls, school segregation, low …-quality education, and poor public-health services-the result of decades of neoliberalism. Chile was the prototype for neoliberal …
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