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Democracy, Markets, and Structural Reform in Latin America: Argentina, Bolivia, Brazil, Chile, and Mexico

William C. Smith, Carlos H. Acuña, and Eduardo A. Gamarra, editors
ISBN: 978-1-56000-721-0
1994/352 pages/LC: 93-44980
Distributed for the North-South Center Press

"Without a doubt, this is a book rich in both analysis and information about representative Latin America cases, and it deserves a careful reading."—Gloria Soto Montes de Oca, Politica y Gobierno


Severe political and economic problems challenge the civilian governments that have emerged in Latin America over the past decade. While achieving a degree of stability, these governments remain threatened by serious obstacles to the democratic process. This volume addresses the problematic relationship between neoliberal strategies of economic restructuring and the process of democratic consolidation. Highlighted are the connections between democratic politics and marketplace logic — a linkage reinforced by the "Washington Consensus" of free-market reforms promoted by policymakers in the International Monetary Fund, the World Bank, and the U.S. government.


Carlos H. Acuña teaches comparative politics at the University of Buenos Aires and is an associate researcher at the Centro de Estudios de Estado y Sociedad (CEDES) in Argentina. Eduardo A. Gamarra is the acting director of the Latin American and Caribbean Center (LACC) at Florida International University, where he is also an associate professor of political science. William C. Smith teaches Latin American political economy at the Graduate School of International Studies, University of Miami.


  • Future Politico-Economic Scenarios for Latin America—W. Smith and C. Acuña.
  • Politics and Economics in the Argentina of the Nineties (Or, Why the Future No Longer Is What It Used to Be)—C. Acuña.
  • Crisis and Transformation of the Argentine State (1978-1992)—A. Canitrot.
  • Crafting Political Support for Stabilization: Political Pacts and the New Economic Policy in Bolivia—E. Gamarra.
  • Democracy, Economic Liberalism, and Structural Reform in Bolivia—J.A. Morales.
  • The State, Structural Reform, and Democratization in Brazil—L. Sola.
  • Renegade Development: Rise and Demise of State-Led Development in Brazil—A. Barros de Castro.
  • CHILE.
  • The Political Dimension of Processes of Transformation in Chile—-M.A. Garretón.
  • Market Economy, Social Welfare, and Democratic Consolidation in Chile-P. Vergara.
  • Making Economic Reform Politically Viable: The Mexican Experience-B. Heredia.
  • On the Political Economy of Market and State Reform in Mexico—J. Ros.