The aim of this chapter is to analyse the forces behind ecconomic inequality in Latin America and their connection to the processes of financialisation. The key motivation is that Latin America is one of the most unequal regions of the world. Simultaneously, Latin American economies have undergone substantial changes in the course of financialisation (Correa & Vidal 2012:542), which have compromised the performance of the productive sector (Levy-Orlik 2013:110).
{"title":"Financialisation and economic inequality in Latin America","authors":"H. Szymborska","doi":"10.4324/9780429464034-6","DOIUrl":"https://doi.org/10.4324/9780429464034-6","url":null,"abstract":"The aim of this chapter is to analyse the forces behind ecconomic inequality in Latin America and their connection to the processes of financialisation. The key motivation is that Latin America is one of the most unequal regions of the world. Simultaneously, Latin American economies have undergone substantial changes in the course of financialisation (Correa & Vidal 2012:542), which have compromised the performance of the productive sector (Levy-Orlik 2013:110).","PeriodicalId":101523,"journal":{"name":"Financialisation in Latin America","volume":"5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123023356","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Capital inflows, current account deficits and deindustrialisation in Latin American commodity-producing economies","authors":"","doi":"10.4324/9780429464034-3","DOIUrl":"https://doi.org/10.4324/9780429464034-3","url":null,"abstract":"","PeriodicalId":101523,"journal":{"name":"Financialisation in Latin America","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126690111","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The effect of inflation target regimes in commodities-based, financialised economies on income growth and distribution in Latin America","authors":"Santiago Capraro","doi":"10.4324/9780429464034-7","DOIUrl":"https://doi.org/10.4324/9780429464034-7","url":null,"abstract":"","PeriodicalId":101523,"journal":{"name":"Financialisation in Latin America","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131879521","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Internationalisation, big corporations and capital accumulation in the Latin American experience","authors":"J. Bustamante","doi":"10.4324/9780429464034-5","DOIUrl":"https://doi.org/10.4324/9780429464034-5","url":null,"abstract":"","PeriodicalId":101523,"journal":{"name":"Financialisation in Latin America","volume":"9 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"129087041","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Multilateralism and regional trade and payments 1","authors":"J. Toporowski","doi":"10.4324/9780429464034-2","DOIUrl":"https://doi.org/10.4324/9780429464034-2","url":null,"abstract":"","PeriodicalId":101523,"journal":{"name":"Financialisation in Latin America","volume":"39 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116149905","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-12-07DOI: 10.4324/9780429464034-16
Noemí Levy, J. Bustamante
{"title":"Exchange rate policy restrictions on a high-volatility environment","authors":"Noemí Levy, J. Bustamante","doi":"10.4324/9780429464034-16","DOIUrl":"https://doi.org/10.4324/9780429464034-16","url":null,"abstract":"","PeriodicalId":101523,"journal":{"name":"Financialisation in Latin America","volume":"76 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124104819","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-12-07DOI: 10.4324/9780429464034-11
A. P. Mutis, K. Perez-Guzman
Decades of literature have explored the idiosyncratic challenges of exportled economic growth, especially in the case of relative wealth and the exports of commodities, which remains a central theme for Latin American countries. The economic, social and political effects of such international specialisation have been studied from different analytical perspectives by development economists, at least since the Great Depression and the end of World War II, using different versions of the unequal development, unequal exchange and the dependency schools. The theoretical issue that affects models such as Heckscher-Ohlin’s, or the implications from Ricardo’s and other relevant contributions, is as follows: Does free trade or export-led growth benet all trading countries in the same manner?
{"title":"The natural resource curse and financial development of Mexico 1","authors":"A. P. Mutis, K. Perez-Guzman","doi":"10.4324/9780429464034-11","DOIUrl":"https://doi.org/10.4324/9780429464034-11","url":null,"abstract":"Decades of literature have explored the idiosyncratic challenges of exportled economic growth, especially in the case of relative wealth and the exports of commodities, which remains a central theme for Latin American countries. The economic, social and political effects of such international specialisation have been studied from different analytical perspectives by development economists, at least since the Great Depression and the end of World War II, using different versions of the unequal development, unequal exchange and the dependency schools. The theoretical issue that affects models such as Heckscher-Ohlin’s, or the implications from Ricardo’s and other relevant contributions, is as follows: Does free trade or export-led growth benet all trading countries in the same manner?","PeriodicalId":101523,"journal":{"name":"Financialisation in Latin America","volume":"14 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128511087","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-12-07DOI: 10.4324/9780429464034-10
{"title":"A sectoral analysis of Mexico’s external economic opening (1982–2016)","authors":"","doi":"10.4324/9780429464034-10","DOIUrl":"https://doi.org/10.4324/9780429464034-10","url":null,"abstract":"","PeriodicalId":101523,"journal":{"name":"Financialisation in Latin America","volume":"6 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125453216","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2018-12-07DOI: 10.4324/9780429464034-14
Noemí Levy, J. Bustamante
{"title":"Financial structure and big corporations in scenarios of increasing indebtedness in Mexico","authors":"Noemí Levy, J. Bustamante","doi":"10.4324/9780429464034-14","DOIUrl":"https://doi.org/10.4324/9780429464034-14","url":null,"abstract":"","PeriodicalId":101523,"journal":{"name":"Financialisation in Latin America","volume":"45 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130390736","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Structural change in Colombia","authors":"","doi":"10.4324/9780429464034-8","DOIUrl":"https://doi.org/10.4324/9780429464034-8","url":null,"abstract":"","PeriodicalId":101523,"journal":{"name":"Financialisation in Latin America","volume":"149 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2018-12-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121987860","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}