Financing Regional Growth and the Inter-American Development Bank: The Case of Argentina

ISBN-13: 9780415660655 / Angielski / Twarda / 2013 / 250 str.

Ernesto Vivares

Opis

The crisis of the current global financial speculative order is challenging us to critically reflect about the way this order has been driven and the development outcomes produced by its central political and economic actors. This book offers one of the few, independent and grounded investigation concerning the political economic role of the Regional Development Banks (RDBs) via an investigation of the world leading regional development bank, the Inter-American Development Bank. The book examines the impact on development of what we call the power-balance legitimisation. That is, the RDB s development capacity via its technical, political and financial interventions to frame policy alternatives, absorb opposition forces and justify a particular direction of development, all in order to legitimizes a specific political economic projects led by market-led pro-reform coalitions aligned with global financial forces and financial guidelines of development

Applying a version of the new International Political Economy (new IPE) approach, Vivares traces the dynamics of the Latin American political economy of financing development, situating the IDB s development mission and role within the framework of globalisation, regionalism and multilateralism. This book examines the structural forces shaping the nature of the IDB and its role in the region throughout the period of the internationalisation of production and globalisation of development financing. In so doing, it draws particular attention to the IDB s changing development mandate and its interventions in the region in relation to its hemispheric, regional and global commitments, revealing the dynamics of its technical, financial and political capabilities.

Spis treści

1. The Political Economy of Regional Development Banks  2. Towards a New Political Economy View of the Inter-American Development Bank  3. The IDB’s Role in South American Political Economy in the 1990s  4. Argentina in the Political Economy of the Americas  5. The IDB’s Role in the Internationalisation of Argentine Electricity Public Utilities  6. The IDB’s Development Role in the Decline of the Convertibility Regime  7. Conclusion

O autorze

Ernesto Vivares is Research Professor in Political Economy and Research Methods, and Head of the International Relations programme at FLACSO Ecuador. He holds a PhD in International Relations from the University of Sheffield, and his research focuses upon the political economy of South American regionalism, development and conflict.