States, Banks, and Markets: Mexico's Path to Financial Liberalization in Comparative Perspective
Editorial Reviews
Book Description
In States, Banks, and Markets, Nancy Neiman Auerbach approaches financial policymaking as a strategic interaction between two sets of domestic actors: private financiers and state officials. Through a comparative lens, Auerbach explains why the transition to financial liberalization was accompanied by economic crisis and declining growth rates in countries such as Mexico, while the same policy was associated with higher growth rates and a relatively more equitable distribution of income in other countries such as South Korea and Hong Kong. Auerbach not only demonstrates how the timing and duration of the liberalization process is the element differentiating the performance of newly industrializing countries (rather than financial liberalization itself), for she takes the analysis a step further by explaining the economic and political preconditions that put a country in the position to choose a reasonable reform path.
About the Author
Nancy Neiman Auerbach received her Masters in Economics, and her Ph.D. in Political Science from Yale University. She is an Assistant Professor at Scripps College where she recently received the highest award for excellence in teaching, and she holds a joint appointment in the Politics and Economics Departments. She was a Ford Foundation Minority Fellow from 1987-1991 and has also been supported in her research and teaching by the Irvine Foundation.
States, Banks, and Markets: Mexico's Path to Financial Liberalization in Comparative Perspective,Nancy Neiman Auerbach,Westview Press,0813367646,Business & Economics,Business/Economics,Exports & Imports,Finance,Government policy,International - Economics,International - General,Korea (South),Mexico,Politics / Current Events,Political Economy,International Economics & Business,International Relations,Latin America & the Caribbean
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