Political Crises, Social Conflict and Economic Development: The Political Economy of the Andean Region
Edward Elgar, Jan 1, 2005 - Business & Economics - 343 pages
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. In this book, 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. instability and social conflict on economic growth and stability and also 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 attentio to politics, institutions and social structures are bound to fail in bringing lasting prosperity and stability to complex societies characterized by volatile politics, weak institutional structures, income and wealth inequality, and the exclusion of key social groups.
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Political instability institutional quality and social conflict
The economy conflict and governance in Colombia
the quandary of governance
3 other sections not shown
administration Andean countries Andean region authoritarian average Aymara Banco Bogotá Bolivia capital Carlos Andres Perez cent of GDP Central Bank changes Chavez chavista Chile Colombia conflict Congress corruption country's created crisis current account debt decade democracy democratic distribution ECLAC economic growth economic performance economic policy Ecuador Ecuadorian effects elections electoral ethnic exchange rate expenditure exports external factors Figure foreign Fujimori GDP growth Gobernabilidad governance problems hyperinflation implemented important income increase indigenous inflation institutions interest groups investment Jamil Mahuad labor Latin America levels Lima macroeconomic mass media military monetary Ocampo oil prices oil rent oil revenue participation PDVSA period Peru política political economy political instability political parties political system population poverty and inequality President presidential crises production programs public sector Quito recent reduced regime rent seeking result shocks society Solimano Source stability structural traditional urban Venezuela violence volatility Washington Consensus World Bank