Comparing East Asia and Latin America: Capital Mobility and Democratic Stability

Issue Date October 2000
Volume 11
Issue 4
Page Numbers 95-106
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Despite the persistent doomsaying about the political consequences of untrammeled international capital flows, financial liberalization may actually contribute to democratic consolidation.

About the Author

Sylvia Maxfield teaches in the department of government at Harvard University. She is the author of Gatekeepers of Growth: The International Political Economy of Central Banking in Developing Countries (1997) and coeditor of The Politics of Finance in Developing Countries (with Stephan Haggard and Chung H. Lee, 1993).

View all work by Sylvia Maxfield

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