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Models of Economic Liberalization: Business, Workers, And Compensation In Latin America, Spain, And Portugal

Models of Economic Liberalization: Business, Workers, And Compensation In Latin America, Spain, And Portugal

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Sebastián Etchemendy
Cambridge University Press
Edition: Reprint, 3/27/2014
EAN 9781107630321, ISBN10: 1107630320

Paperback, 374 pages, 23.4 x 15.6 x 2.2 cm
Language: English

This book aims to explain the variation in the models of economic liberalization across Ibero-America in the last quarter of the twentieth century, and the legacies they produced for the current organization of the political economies. Although the macroeconomics of effective market adjustment evolved in a similar way, the patterns of compensation delivered by neoliberal governments and the type of actors in business and the working class that benefited from them were remarkably different. Etchemendy argues that the most decisive factors that shape adjustment paths are the type of regime and the economic and organizational power with which business and labor emerged from the inward-oriented model. The analysis spans from the origins of state, business and labor industrial actors in the 1930s and 1940s to the politics of compensation under neoliberalism across the Ibero-American world, combined with extensive field work material on Spain, Argentina and Chile.

Part I. The Intellectual Terrain
1. Overview
models of economic liberalization in ISI economies
2. From state to society
neoliberal reform and a theory of compensation in ISI economies
Part II. The Political Economy of Business Adjustment
3. Compensating business insiders
the origins of statist and corporatist models in Spain and Argentina
4. Statist and corporatist models of business adjustment in Spain and Argentina
sectoral case studies
5. Exceptions that prove the rule
variations within countries in models of business adjustment
Part III. The Political Economy of Labor Adjustment
6. Compensating labor insiders
the origins of statist and corporatist models in Spain and Argentina
7. Statist and corporatist models of labor adjustment in Spain and Argentina
sectoral case studies
Part IV. The Market Model
8. The market path to economic liberalization
Chile in the comparative framework
Part V. Comparative Perspectives in Ibero-America
9. Models of economic liberalization in Brazil, Portugal, Peru, and Mexico
10. Conclusions
legacies for the liberalized economies and varieties of capitalism in Ibero-America.