Power and Politics after Financial Crises: Rethinking Foreign Opportunism in Emerging Markets

Foreign exploitation of financial crises in the developing world has been a central claim of neoliberal critics over the past decade. This important and recurring international economic theme is the subject of closer scrutiny in this new collection, where contributors offer competing interpretations of the interaction between international and domestic forces after crises. In revisiting the aftermath of economic turbulence in leading emerging markets, the collection uncovers the extent to which foreign firms, governments and institutions liberalized and penetrated these economies.

Encompassing studies of key international actors such as foreign banks, private creditors, the OECD and the US Treasury Department, as well as a range of case studies, including Argentina, Brazil, Central Europe, Indonesia, Malaysia, Russia, and Turkey, this book provides an invaluable resource for upper-level undergraduates, postgraduates and scholars.