The Political Pitfalls Of An Economic Windfall Commodity Cycles And Political Polarization In Latin America PDF Download

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The Political Pitfalls of an Economic Windfall: Commodity Cycles and Political Polarization in Latin America

The Political Pitfalls of an Economic Windfall: Commodity Cycles and Political Polarization in Latin America
Author: Anna C. Prusa
Publisher:
Total Pages: 180
Release: 2017
Genre: Political planning
ISBN:

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Commodity booms can provide a significant economic boost for a country, but also can create unsustainable expectations among both the elite and the general population. As this paper’s model shows, commodity cycles in Latin America are strongly correlated with political polarization: as commodity prices rise, polarization decreases; and as commodity prices fall, polarization increases. This paper argues that in Latin America perceptions of resource rents, economic redistribution, and inequality provide a critical link between political polarization and commodity prices. Commodity booms may temporarily reduce polarization through economic growth and expansionary spending, as the population begins to feel better off and various interest groups are satisfied with a share of the resource rents. As long as structural inequalities remain in place, however, the windfall is only papering over the factors contributing to polarization—once the boom ends, political polarization will reemerge.


The Inclusionary Turn in Latin American Democracies

The Inclusionary Turn in Latin American Democracies
Author: Diana Kapiszewski
Publisher: Cambridge University Press
Total Pages: 587
Release: 2021-02-04
Genre: Political Science
ISBN: 110890159X

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Latin American states took dramatic steps toward greater inclusion during the late twentieth and early twenty-first Centuries. Bringing together an accomplished group of scholars, this volume examines this shift by introducing three dimensions of inclusion: official recognition of historically excluded groups, access to policymaking, and resource redistribution. Tracing the movement along these dimensions since the 1990s, the editors argue that the endurance of democratic politics, combined with longstanding social inequalities, create the impetus for inclusionary reforms. Diverse chapters explore how factors such as the role of partisanship and electoral clientelism, constitutional design, state capacity, social protest, populism, commodity rents, international diffusion, and historical legacies encouraged or inhibited inclusionary reform during the late 1990s and early 2000s. Featuring original empirical evidence and a strong theoretical framework, the book considers cross-national variation, delves into the surprising paradoxes of inclusion, and identifies the obstacles hindering further fundamental change.


The Growth Report

The Growth Report
Author: Commission on Growth and Development
Publisher: World Bank Publications
Total Pages: 198
Release: 2008-07-23
Genre: Business & Economics
ISBN: 0821374923

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The result of two years work by 19 experienced policymakers and two Nobel prize-winning economists, 'The Growth Report' is the most complete analysis to date of the ingredients which, if used in the right country-specific recipe, can deliver growth and help lift populations out of poverty.


Decentralizing Revenue in Latin America

Decentralizing Revenue in Latin America
Author: Vicente Fretes Cibils
Publisher: Inter-American Development Bank
Total Pages: 333
Release: 2015-04-13
Genre: Business & Economics
ISBN: 1597822124

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This book analyzes the reasons for lackluster performance selected Latin American countries in mobilizing subnational own-source revenues and explores policy options to increase these revenues as efficiently and equitably as possible. Seven case studies--Argentina, Bolivia, Brazil, Colombia, Mexico, Peru, and Venezuela--span a wide range of characteristics, including federal and unitary countries, different geographical sizes, levels of economic development, and degrees of revenue decentralization. In this book, subnational governments include both intermediate and local levels of government, which are distinguished in the case studies. Together, the case studies provide a reasonably representative picture of the challenges faced throughout Latin America in mobilizing subnational own-source revenues in a manner that supports equitable growth.


Natural Resources, Neither Curse nor Destiny

Natural Resources, Neither Curse nor Destiny
Author: Daniel Lederman
Publisher: World Bank Publications
Total Pages: 396
Release: 2006-10-23
Genre: Nature
ISBN: 0821365460

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'Natural Resources: Neither Course nor Destiny' brings together a variety of analytical perspectives, ranging from econometric analyses of economic growth to historical studies of successful development experiences in countries with abundant natural resources. The evidence suggests that natural resources are neither a curse nor destiny. Natural resources can actually spur economic development when combined with the accumulation of knowledge for economic innovation. Furthermore, natural resource abundance need not be the only determinant of the structure of trade in developing countries. In fact, the accumulation of knowledge, infrastructure, and the quality of governance all seem to determine not only what countries produce and export, but also how firms and workers produce any good.


Global Trends

Global Trends
Author: National Intelligence Council and Office
Publisher: Createspace Independent Publishing Platform
Total Pages: 80
Release: 2017-02-17
Genre:
ISBN: 9781543054705

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This edition of Global Trends revolves around a core argument about how the changing nature of power is increasing stress both within countries and between countries, and bearing on vexing transnational issues. The main section lays out the key trends, explores their implications, and offers up three scenarios to help readers imagine how different choices and developments could play out in very different ways over the next several decades. Two annexes lay out more detail. The first lays out five-year forecasts for each region of the world. The second provides more context on the key global trends in train.


Problem-Driven Political Economy Analysis

Problem-Driven Political Economy Analysis
Author: Verena Fritz
Publisher: World Bank Publications
Total Pages: 289
Release: 2014-01-13
Genre: Business & Economics
ISBN: 1464801223

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This volume presents eight good practice examples of problem-driven political economy analysis conducted at the World Bank, and reflect what the Bank has so far been able to achieve in mainstreaming this approach into its operations and policy dialogue.


Economic Development of Latin America

Economic Development of Latin America
Author: Celso Furtado
Publisher: Cambridge University Press
Total Pages: 340
Release: 1976
Genre: Latin America
ISBN: 9780521290708

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"This is an introductory survey of the history and recent development of Latin American economy and society from colonial times to the establishment of the military regime in Chile. In the second edition the historical perspective has been enlarged and important events since the Cuban Revolution, such as the agrarian reforms of Peru and Chile, the difficulties of the Central America Common Market and LAFTA, the acceleration of industrialisation in Brazil and the consolidation of the Cuban economy, are discussed. The statistical information has been extended to the early 1970s and the demographic data to 1975"--Back cover.


Political Crises, Social Conflict and Economic Development

Political Crises, Social Conflict and Economic Development
Author: Andrés Solimano
Publisher: Edward Elgar Publishing
Total Pages: 368
Release: 2005-01-01
Genre: Political Science
ISBN: 9781845425715

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Political Crises, Social Conflict and Economic Development is a rare attempt to undertake comparative political economy analysis of the Andean region and thus represents a welcome contribution. . . It is clearly written and will engage scholars interested in Latin America from a wide range of disciplines. Jonathan di John, Journal of Agrarian Change This collection of essays on the political economy of the Andean region goes to the heart of the struggle these smaller economies face in completing crucial reforms and achieving higher growth. Andrés Solimano has brought together the best and the brightest talent from each country, the result being the most compelling analysis ever of how enclave development and a historical dependence on primary exports renders these countries distinctly Andean. As the essays argue, the political solutions and economic remedies must address this phenomenon, rather than mimicking those strategies of the larger emerging market countries in the region. Carol Wise, University of Southern California, US The contributors to this authoritative volume analyze the impact of political crises and social conflict on economic performance in the Andean region of Latin America. The blend of theory and case studies is also relevant for understanding other complex societies in the developing world and transition economies. The book provides illuminating insights on how to understand, and survive, the complicated interactions between volatile politics, unstable democracies, violence, social inequality and uneven economic performance. Recent political economy theories are combined with valuable quantitative and qualitative information on presidential crises, breakdowns of democracy, constitutional reforms, quality of institutions, and social inequality and exclusion to understand actual country realities. Part I provides the conceptual framework and a regional perspective of the book. Part II contains five political economy country studies Bolivia, Colombia, Ecuador, Peru and Venezuela written by leading scholars in the field and former senior policymakers, including a former President. Together, the chapters highlight the detrimental effects of political instability and social conflict on economic growth and stability, as well as the feedback effects from poor economic performance on political instability and institutional fragility. The country studies warn that narrow economic reforms that do not pay adequate attention to politics, institutions and social structures are bound to fail in bringing lasting prosperity and stability to complex societies. Examining new and rich information on episodes of political turmoil, military interventions, forced presidential resignations, constitutional reforms and social uprisings, this book will be required reading for all those interested in the interface of politics and economic development.


Starting Over

Starting Over
Author: Albert Fishlow
Publisher: Brookings Institution Press
Total Pages: 251
Release: 2011
Genre: Political Science
ISBN: 0815721439

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"Explains how the changes that Brazil has undergone over the last twenty years have transformed the social, political, economic, and diplomatic realms in that country and will affect its future, and especially influence the new presidency of Dilma Rousseff"--Provided by publisher.