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How do economic crisis a§ect national-level policy choices? Are technocratic advisors more likely to enter government during periods of severe economic volatility? If so, how does such governance a§ect economic policymaking and social responsiveness? In this paper, I evaluate the role of...
Persistent link: https://www.econbiz.de/10011148629
How does a shifting economic power balance between the United States and China affect the strategic choices of Latin American governments? During the last several decades, Latin America has often relied on a Western development model that aimed to attract global market capital. After excessive...
Persistent link: https://www.econbiz.de/10011148633
In newly democratized and developing countries, political economy theory expects politicians to use budget defcits to engineer an election-timed boom, known as the political business cycle. In this paper, we challenge this view by incorporating the Önancial constraints faced by government into...
Persistent link: https://www.econbiz.de/10011148637
How does a shifting economic power balance between the United States and China affect the strategic choices of Latin American governments? During the last several decades, Latin America has often relied on a Western development model that aimed to attract global market capital. After excessive...
Persistent link: https://www.econbiz.de/10011148639
How does a shifting economic power balance between the United States and China affect the strategic choices of Latin American governments? During the last several decades, Latin America has often relied on a Western development model that aimed to attract global market capital. After excessive...
Persistent link: https://www.econbiz.de/10011148641
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China is Venezuela's largest bilateral lender as well as a source of diplomatic support. Yet for half a decade Beijing has been steadily unwinding its financial ties with the struggling South American nation. In this article, we demonstrate how China has been ensnarled in a creditor trap in...
Persistent link: https://www.econbiz.de/10012862308