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Southern cone economic liberalization policies and the credibility constraint

Considering the specific experiences of Chile and Argentina, this study undertakes the analysis of economic liberalization policies from a "credibility constraint" perspective. Building on the assumption that, in a context interdependence, one of the essential conditions for economic development is the attraction of foreign capital, it suggests that confidence-seeking is a major concern constraining the rest of the government's activities. From these premises, the thesis addresses the socio-political consequences of this quest for credibility and provides an analysis of these criteria's compatibility with democratic and authoritarian rule. In this endeavor, the project relies on a comparative observation of four case studies to establish that notwithstanding regime type, the success of economic liberalization depends primarily on the satisfaction of the socio-political requirements for credibility. The results are clear: both types of regimes are in a position to fulfill these requirements although this may have considerable consequences on the economic well-being of substantial sections of the population.

Identiferoai:union.ndltd.org:LACETR/oai:collectionscanada.gc.ca:QMM.23723
Date January 1995
CreatorsMargherita, Michelangelo
ContributorsOxhorn, Philip (advisor)
PublisherMcGill University
Source SetsLibrary and Archives Canada ETDs Repository / Centre d'archives des thèses électroniques de Bibliothèque et Archives Canada
LanguageEnglish
Detected LanguageEnglish
TypeElectronic Thesis or Dissertation
Formatapplication/pdf
CoverageMaster of Arts (Department of Political Science.)
RightsAll items in eScholarship@McGill are protected by copyright with all rights reserved unless otherwise indicated.
Relationalephsysno: 001488910, proquestno: MM12054, Theses scanned by UMI/ProQuest.

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