Central to the question of how to promote economic growth in Latin
America is the role different types of regimes play in determining
economic performance. Guardians of the Nation? challenges
conventional wisdom regarding the expected advantages of military
rule for economic growth. Glen Biglaiser explains why many military
regimes in Latin America have not performed noticeably better than
their democratic counterparts.
Biglaiser argues that economic policy-making under military
regimes is essentially an unintended by-product of the military's
strategy to retain power. Using this premise, he examines the
economic performance of regimes in Argentina, Chile, and Uruguay.
Biglaiser shows that the appointment of neoliberal economists
occurred not because military rulers possessed inherent interest in
following market-oriented policies, but because they saw the
appointments as a way to solidify their power.
Biglaiser's study also depicts Pinochet's one-man rule as unique
vis-a-vis the military regimes in Argentina and Uruguay. He
concludes by demonstrating that his study is also applicable for
understanding economic policy choice under democratic rule, and by
comparing the similarities and differences between presidential and
parliamentary governments.
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