This book addresses the problems of Latin America, through two of the most important features of the post-Bretton Woods economic order, large corporations and weak financial markets. In turn, it shows that their impact on economic growth and development is feeble and short-lived. This resulted in income concentration and an extremely unequal distribution of wealth in the region. As a result, large corporations and financial markets became central institutions in developing economies. In this context, Latin American countries globalized their economies, modifying their productive and financial structures and strengthening large corporation and non- financial structures. This economic order was a failure, as it was unable to achieve development in Latin America; large capital corporations either re-primarized their productive activity or developed an organization based on assembly manufacture, and, as such, financial markets remained underdeveloped because large corporations did not operate through domestic financial markets. In this book, the effects of these trends are analyzed in regional and country studies, while the impact of the 2008 Great Financial Crisis on Latin American economies are also considered. Researchers and students, especially those interested in a Post-Keynesian or heterodox view of the region, will find these studies illuminating.

Europe's and Latin America's social and economic stagnation is a direct result of the unresolved phenomena of the financialization crisis that broke in 2008 in developed countries. Editors Noemi Levy and Etelberto Ortiz analyze the limitations of economic growth and development under capitalist economic organizations where financial capital is dominant as well as explore alternate economic policies.This book argues that institutional settings based on the international monetary market, the global production organization, and the international commerce arraignments need to be redesigned to improve countries' economic growth, job opportunities, and salaries. In order for economic disequilibria to be reduced among regions, countries, and social classes, economic surplus appropriation must be regulated. Divided into four distinct thematic sections, the chapters discuss how income distribution must be re-evaluated in order to halt the economic crisis of developing countries in Europe and Latin America and to boost a new cycle of economic growth and development. This critical discussion will be of value to economic scholars and researchers, policy makers wishing to learn more about the limitations of economic growth, as well as journalists specializing in economic issues. Contributors include: A. Alvarez, E. Basilio, R. Bellofiore, H. Bougrine, A. Chapoy, A. Cibils, C. Dominguez, F. Garibaldo, M. Guadalupe Huerta, L. Kato, N. Levy, T. Lopez, J. Marroquin, S. Martinez, M. Mortagua, E. Ortiz, L.A. Ortiz, G. Pinazo, L.-P. Rochon, C.A. Rozo, D. Tropeano. A. Vercelli,

Financial capital continues to dominate Western economic organisations, despite major financial and economic crises. While these have not affected Latin American countries in the same way, other economic problems emerged after the reversion of loose monetary policies that debilitated the export-led growth model. This book discusses the issue of the financialised globalisation model in Latin America, looking at the region's relationship with the international market. This edited collection is divided into three main sections. The first section discusses regional trends highlighting issues of trade and payments in financialised economies, the impact on deindustrialisation, its effect on inequality, external capital movements and monetary policies. The second section analyses the failure of comparative advantages of the export-led model in Colombia, Argentina and Mexico. Finally, the last section deals with the growth of financial balance sheets in small and developing economies such as Chile; how growth, investment and big corporation evolution were affected in Brazil and Mexico; and the effects of foreign exchange activity in Mexico. Through these discussions, this book aims to deepen the understanding of the crisis of financialisation and the export-led model, raising the question of whether it is possible for this model to continue or if it requires major readjustments to unfold economic growth. This book provides a distinctive analysis of the financialisation mechanisms in developing countries in order to emphasise affinities and differences between the countries of the region in productive and financial terms. It will be of great interest to economic and social science scholars and students, to journalists specialising on economic and development issues, and, more importantly, to policy makers.

The Young Turk Revolution of 1908 reverberated across the Middle East and Europe and ushered in a new era for the Ottoman Empire. The initial military uprising in the Balkans triggered a constitutional revolution, in which social mobilization and the political aspirations of the Young Turks played a crucial role. The Young Turk Revolution and the Ottoman Empire provides a newanalysis of this process in the Balkans and the Anatolian provinces, outlining the transition from revolutionary euphoria to increasing tensions at local and central levels. Focusing on the compromises, successes and failures in the immediate aftermath of 1908, and based on new primary material and Ottoman-Turkish sources, this book represents an essential contribution to our understanding of late Ottoman and modern Turkey.

The Young Turk Revolution of 1908 reverberated across the Middle East and Europe and ushered in a new era for the Ottoman Empire. The initial military uprising in the Balkans triggered a constitutional revolution, in which social mobilization and the political aspirations of the Young Turks played a crucial role. The Young Turk Revolution and the Ottoman Empire provides a newanalysis of this process in the Balkans and the Anatolian provinces, outlining the transition from revolutionary euphoria to increasing tensions at local and central levels. Focusing on the compromises, successes and failures in the immediate aftermath of 1908, and based on new primary material and Ottoman-Turkish sources, this book represents an essential contribution to our understanding of late Ottoman and modern Turkey.