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The Political Economy of Resources and Development offers a unique
and multidisciplinary perspective on how the commodity boom of the
mid-2000s reshaped the model of development throughout Latin
America and elsewhere in the developing world. Governments
increased taxes and royalties on the resource sector, the
nationalization of foreign firms returned to the mainstream
economic policy agenda, and public spending on social and
developmental goals surged. These trends, often described as
resource nationalism, have developed into a strategy for economic
development, generated a re-imagining of the state and its
institutional possibilities, and created a new but very significant
political risk for extractive enterprises. However, these
innovations, which constitute the most dramatic change in
development policy in Latin America since the advent of
neoliberalism, have so far received little attention from either
academic or policy-oriented publications. This book explores the
reasons behind these policies, and their effects on states, firms,
and development trajectories. This text brings together renowned
thematic experts to examine the political-economic causes of
resource nationalism, as well as its manifestation in six Latin
American countries. The causal variables considered by the
contributors to this collection include a range of
political-economic determinants of policy including commodity
prices; the influence of ideology and national politics; ideas
about industrial policy; relations between host governments and
investors; and how countries respond to opportunities provided by
regional initiatives and the new geography of the global economy.
This volume is essential reading in development economics,
political economy, and Latin American studies, as well as for those
who want to understand what economic development means after
neoliberalism.
The Political Economy of Resources and Development offers a unique
and multidisciplinary perspective on how the commodity boom of the
mid-2000s reshaped the model of development throughout Latin
America and elsewhere in the developing world. Governments
increased taxes and royalties on the resource sector, the
nationalization of foreign firms returned to the mainstream
economic policy agenda, and public spending on social and
developmental goals surged. These trends, often described as
resource nationalism, have developed into a strategy for economic
development, generated a re-imagining of the state and its
institutional possibilities, and created a new but very significant
political risk for extractive enterprises. However, these
innovations, which constitute the most dramatic change in
development policy in Latin America since the advent of
neoliberalism, have so far received little attention from either
academic or policy-oriented publications. This book explores the
reasons behind these policies, and their effects on states, firms,
and development trajectories. This text brings together renowned
thematic experts to examine the political-economic causes of
resource nationalism, as well as its manifestation in six Latin
American countries. The causal variables considered by the
contributors to this collection include a range of
political-economic determinants of policy including commodity
prices; the influence of ideology and national politics; ideas
about industrial policy; relations between host governments and
investors; and how countries respond to opportunities provided by
regional initiatives and the new geography of the global economy.
This volume is essential reading in development economics,
political economy, and Latin American studies, as well as for those
who want to understand what economic development means after
neoliberalism.
Many historians and political scientists argue that ties between
Canada and Latin America have been weak and intermittent because of
lack of mutual interest and common objectives. Has this record of
diverging paths changed as Canada has attempted to expand its
economic and diplomatic ties with the region? Has Canada become an
imperialist power? Canada's Past and Future in Latin America
investigates the historical origins of and more recent developments
in Canadian foreign policy in the region. It offers a detailed
evaluation of the Harper and Trudeau governments' approaches to
Latin America, touching on political diplomacy, bilateral
development cooperation, and civil society initiatives. Leading
scholars of Canada-Latin America relations offer insights from
unique perspectives on a range of issues, such as the impact of
Canadian mining investment, security relations, democracy
promotion, and the changing nature of Latin American migration to
Canada. Drawing on archival research, field interviews, and primary
sources, Canada's Past and Future in Latin America advances our
understanding of Canadian engagement with the region and evaluates
options for building stronger ties in the future.
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