Differences in Economic PolicyChoices Under Military Rule Flashcards
comparable levels of economic developments with a possible exception being
Peru
Only one country had Orthodox reforms
Chile
Castelo seeking to reform Brazil economy claiming neo-liberalism, but
resulted ina return to ISI
Why did Argentina’s devalued currency (peso) hurt Uruguay?
Uruguay’s goods suddenly more expensive for Argentina, Uruguay losing profits from export
Why do countries that want the same goals choose different policies
1) Theory of International Factors
2) Powerful Interest Groups (Pluarlism)
3) Left Threat Argument
4) Institutions and Ideas
Problem with the Theory of International Factors
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Problem with the the Left Threat Argument
Measure if democrats more threatening than guerillas?
Chile initiated orthodox policies 2 years after the fall of democracy, which goes against the LTA that requires immediate action
Military not in favor of free market due to wanting
to have full control, including over markets
Why choose neroliberalism policies