Globalization and austerity politics in Latin America /
Stephen B. Kaplan.
- New York : Cambridge University Press, 2013.
- xxi, 331 p. : ill. ; 23 cm.
- Cambridge studies in comparative politics .
Includes bibliographical references (p. 293-314) and index.
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.