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Globalization and Austerity Politics in Latin America - Kaplan, Stephen B. (George Washington University, Washington DC)

Kaplan explores the effect of globalization on Latin American economic policy-making. It investigates why left-leaning politicians from countries with high poverty and wage inequality adopt market-oriented policies. A new form of austerity politics has surfaced where politicians signal their good governance with budgetary discipline yet simultaneously direct spending to supporters.

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