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Information about the book!



Dear Friends,
I received a few letters from people who wanted to order the book " Latin
American Political Economy: Financial Crisis and Political Change"
publisher Westview Press (1986).  Here is the ISBN number and you can order
it from your book store.  

ISBN: 0-8133-0330-3 (pbk)
ISBN: 0-8133-0329 x

Regards

Htun Aung Gyaw

Latin American Political Economy: Financial Crisis and Political Change
(edited by Jonathan Hartlyn and Samuel A. Morley.

Introduction:  Latin America is currently confronting its worst financial
and economic crisis since the Great Depression. Despite a wide variety of
polocies and economic conditions, every country on the continent has a
balance of payments problems and crippling level of external indebtedness,
and each has been forced into recession as it struggles to meet the
interest payments on its debt.  This grim economic picture is a new
phenomenon.  Prior to the 1980s, the post-World War II period had beed a
properous one of Latin America.  On a average , from 1950 to 1980, per
capita income............

If the 1980s have been devastating to Latin America in an economic sense,
they have at the same time witnessed a retreat from military
authoritarianism.  Since 1980, military regimes have relinquished power in
Argentina, Uruguay, Brazil, Peru, Ecuadoor, Panama, Honduras, and Boliva.
In way, this situation isironic.  Social scientists used to think that
economic growth would lead to improved social conditions that would be
conducive to democracy.  But during the 1960s and 1970s, many civilian
regimes, including those in the most advanced countries, were overthrown by
military coups.  The growth democracy view was replaced by the conviction
that the conditions required for economic growth-particularly wage
restraint, profit incentives, and high levels of saving and investment-
could not guaranteed in a democracy but would require instead a long period
of institutionalized military rule.