Models of Economic Liberalization Etchemendy Hardback Cambridge University Press

Models of Economic LiberalizationBusiness, Workers, and Compensation in Latin America, Spain, and Portugal\nAuthor(s): Sebastin Etchemendy\nFormat: Hardback\nPublisher: Cambridge University Press, United Kingdom\nImprint: Cambridge University Press\nISBN-13: 9780521763127, 978-0521763127\nSynopsis\nThis 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-oriente.