{"product_id":"unexpected-outcomes-how-emerging-economies-survived-the-global-financial-crisis-9780815724766","title":"Unexpected Outcomes: How Emerging Economies Survived the Global Financial Crisis","description":"\"\u003cp\u003eThis volume documents and explains the remarkable resilience of emerging market nations in East Asia and Latin America when faced with the global financial crisis in 2008-2009. Their quick bounceback from the crisis marked a radical departure from the past, such as when the 1982 debt shocks produced a decade-long recession in Latin America or when the Asian financial crisis dramatically slowed those economies in the late 1990s. Why?\u003c\/p\u003e\u003cp\u003eThis volume suggests that these countries' resistance to the initial financial contagion is a tribute to financial-sector reforms undertaken over the past two decades. The rebound itself was a trade-led phenomenon, favoring the countries that had gone the farthest with macroeconomic restructuring and trade reform. Old labels used to describe \"\"neoliberal versus developmentalist\"\" strategies do not accurately capture the foundations of this recovery. These authors argue that policy learning and institutional reforms adopted in response to previous crises prompted policymakers to combine state and market approaches in effectively coping with the global financial crisis.\u003c\/p\u003e\u003cp\u003eThe nations studied include Korea, China, India, Mexico, Argentina, and Brazil, accompanied by Latin American and Asian regional analyses that bring other emerging markets such as Chile and Peru into the picture. The substantial differences among the nations make their shared success even more remarkable and worthy of investigation. And although 2012 saw slowed growth in some emerging market nations, the authors argue this selective slowing suggests the need for deeper structural reforms in some countries, China and India in particular.\u003c\/p\u003e\"\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=AUTH-1344550\"\u003eCarol Wise\u003c\/a\u003e\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Brookings Institution Press\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 03\/10\/2015\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 258\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Paperback\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.90lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.90h x 6.20w x 0.60d\u003cbr\u003e\u003cb\u003eISBN13:\u003c\/b\u003e 9780815724766\u003cbr\u003e\u003cb\u003eISBN10:\u003c\/b\u003e 0815724764\u003cbr\u003e\u003cb\u003eBISAC Categories:\u003c\/b\u003e\u003cbr\u003e- \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=CAT-POL\"\u003ePolitical Science\u003c\/a\u003e | \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=BISAC-POL009000\"\u003eComparative Politics\u003c\/a\u003e\u003cbr\u003e- \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=CAT-POL\"\u003ePolitical Science\u003c\/a\u003e | \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=BISAC-POL023000\"\u003ePolitical Economy\u003c\/a\u003e\u003cbr\u003e- \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=CAT-SOC\"\u003eSocial Science\u003c\/a\u003e | \u003ca href=\"https:\/\/sureshotbooks-com.myshopify.com\/search?type=product%2Carticle%2Cpage\u0026amp;q=BISAC-SOC042000\"\u003eDeveloping \u0026amp; Emerging Countries\u003c\/a\u003e\u003cbr\u003e\u003cbr\u003e\u003cp\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e \u003cb\u003eCarol Wise\u003c\/b\u003e is associate professor of international studies at the University of Southern California. She is the coeditor (with Riordan Roett) of \u003ci\u003ePost-Stabilization Politics in Latin America: Competition, Transition, Collapse\u003c\/i\u003e (Brookings, 2003). \u003cb\u003eLeslie Elliott Armijo\u003c\/b\u003e is a nonresident faculty fellow with the Center for Latin American and Latino Studies at American University. \u003cb\u003eSaori N. Katada\u003c\/b\u003e is associate professor of international studies at the University of Southern California. \u003c\/p\u003e","brand":"Brookings Institution Press","offers":[{"title":"Default Title","offer_id":44566350397677,"sku":"9780815724766","price":49.92,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0550\/8097\/6621\/products\/img_f20484b9-68b7-4c2f-a368-94d665f89069.jpg?v=1701877959","url":"https:\/\/sureshotbooks.com\/products\/unexpected-outcomes-how-emerging-economies-survived-the-global-financial-crisis-9780815724766","provider":"SureShot Books Publishing LLC","version":"1.0","type":"link"}