The end of the Cold War, the "third wave" of democratization,
and economic globalization have presented the newly industrialized
countries of East Asia and the liberal democracies of Latin America
with increasingly similar international opportunities and
constraints. During the 1980s, Latin America made great strides in
democratization, while East Asia led the world in economic growth.
Are the two regions now converging toward a model that combines
economic and political liberalization? Many developments in both
regions indicate that this is a serious possibility. Although
significant countertrends do exist, there is now increased scope
for mutual support and encouragement among aspiring democratic
forces both within and between these two regions. This book
examines these interrelated issues, paying special attention to the
effects of the East Asian financial crisis of 1997-98 and its
subsequent impact on Latin America.
Contributors: Ananya Basu, World Bank; Francis Fukuyama, School
of Advanced International Studies, Johns Hopkins University.;
Stephan Haggard, University of California-San Diego; Elizabeth M.
King, World Bank; Sanjay Marwah, George Mason University; Sylvia
Maxfield, Harvard University; Eduardo Silva, University of
Missouri-St. Louis and University of Miami; Gordon Redding,
University of Hong Kong; Tun-jen Cheng, College of William and
Mary; Yun-han Chu, National Taiwan University; Laurence Whitehead,
Oxford University.
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