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• W2143140963 abstract "When in spring 2002 thousands of Argentineans protested against their government’s economic policy, their anger was directed against, amongst other issues, the economic liberalization of the 1990s. After decades of protectionism, the Latin-American state followed the recommendation of the IMF, as did its neighbors, and systematically opened its markets of goods and capital. Critics of globalization considered the Argentinean crisis as an affirmation of their skepticism towards the “Washington consensus”, namely the recipes of liberalization and deregulation. According to their interpretation, economic integration instigates socio-political conflicts because of the redistributive effects of liberalization. While capital owners and multinational firms profit from the renunciation of import substitution and other protectionist measures, the working population and the local industry are, in this perspective, the losers of the new policy." @default.
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• W2143140963 date "2006-01-01" @default.
• W2143140963 modified "2023-09-23" @default.
• W2143140963 title "Trade Liberalization and Political Instability in Developing Countries" @default.
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• W2143140963 doi "https://doi.org/10.1007/1-4020-4390-2_3" @default.
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