This volume documents and explains the remarkable resilience of emerging market nations in East Asia and Latin America when faced with the global financial crisis in 2008 - 2009. Their quick bounceback from the crisis marked a radical departure from the past, such as when the 1982 debt shocks produced a decade-long recession in Latin America or when the Asian financial crisis dramatically slowed those economies in the late 1990s. Why? This volume suggests that these countries' resistance to the initial financial contagion is a tribute to financial-sector reforms undertaken over the past two decades. The rebound itself was a trade-led phenomenon, favoring the countries that had gone the farthest with macroeconomic restructuring and trade reform. Old labels used to describe "neoliberal versus developmentalist" strategies do not accurately capture the foundations of this recovery. These authors argue that policy learning and institutional reforms adopted in response to previous crises prompted policymakers to combine state and market approaches in effectively coping with the global financial crisis. The nations studied include Korea, China, India, Mexico, Argentina, and Brazil, accompanied by Latin American and Asian regional analyses that bring other emerging markets such as Chile and Peru into the picture. The substantial differences among the nations make their shared success even more remarkable and worthy of investigation. And although 2012 saw slowed growth in some emerging market nations, the authors argue this selective slowing suggests the need for deeper structural reforms in some countries, China and India in particular.

The Brazilian State: Debate and Agenda is part of the Bildner Western Hemisphere Studies Series. This book is a collection of 16 essays from the conference "The Brazilian State: Paths and Prospects of Dirigisme and Liberalization" held at The Graduate Center, City University of New York in November 2009. The Brazilian State explores the changing roles, relations with society, and overall impact of the contemporary Brazilian State, including, the newly elected Dilma Rousseff. Collectively, the papers explore state reform, institutional development, policy effectiveness, and economic dynamics since the 1930s.

Debating the Global Financial Architecture engages in contemporary debates surrounding the reform of the "global financial architecture." Economists and political scientists explore the economic and technical content of alternative global financial regimes as well as the political processes through which such changes are negotiated. The contributors, though diverse, jointly fear that rapid removal of the remaining controls on private international financial transactions risks systematic crisis. By initiating a cross-disciplinary discussion, this volume advocates a more honest discussion of the politics of global financial design, yet without discarding or devaluing a solid economic analysis of global money and investment flows.