國立高雄大學圖資館 |

Language: English

Back

How states shape markets in Latin America

Record Type:	Electronic resources : Monograph/item
Title/Author:	How states shape markets in Latin Americaby Tomás Bril Mascarenhas.
Author:	Bril Mascarenhas, Tomás.
Published:	Cham :Springer Nature Switzerland :2025.
Description:	xix, 414 p. :ill., digital ;24 cm.
Contained By:	Springer Nature eBook
Subject:	Capital marketGovernment policyLatin America.
Online resource:	https://doi.org/10.1007/978-3-032-05938-3
ISBN:	9783032059383$q(electronic bk.)

How states shape markets in Latin America
Bril Mascarenhas, Tomás.

How states shape markets in Latin America[electronic resource] /by Tomás Bril Mascarenhas. - Cham :Springer Nature Switzerland :2025. - xix, 414 p. :ill., digital ;24 cm. - Latin American political economy,2945-7084. - Latin American political economy..

Chapter 1: Introduction -- Chapter 2: The Within-State Politics of Policymaking: Entrepreneurial Political Técnicos in the Configuration of National Financial Systems -- Chapter 3: The Politics of State Involvement in Credit Markets in Brazil -- Chapter 4: The Politics of State Involvement in Credit Markets in Chile -- Chapter 5: The Politics of State Involvement in Capital Markets in Brazil -- Chapter 6: The Politics of State Involvement in Capital Markets in Chile -- Chapter 7: Implications.

"For too long, finance has been neglected in broader debates over the political economy of development in Latin America. Tomás Bril Mascarenhas' deeply researched and theoretically innovative book takes a major step in redressing that neglect and in bringing finance front and center. To explain the key differences among Brazil, Chile, and Argentina, Bril Mascarenhas takes us into the state to witness the bureaucratic politics that set these countries on different financial trajectories. Clear, well-written, and compelling, this book deserves careful reading by students of Latin America and beyond." Ben Ross Schneider, Ford International Professor of Political Science and Faculty Director MIT Chile, MIT Why have Latin American countries developed sharply divergent financial systems-and how do these systems shape national growth strategies? While Chile built large capital markets and Brazil expanded long-term credit for firms, Argentina lags behind in both. What explains this variation? This book uncovers the political origins of national financial systems by examining how coalitions of executive-branch officials reconfigure markets through two levers: the governance of the pension system and the deployment of state-owned banks as long-term lenders. In Chile, neoliberal técnicos dismantled the state's capacity as a lender and set up regulation inducing private pension funds to invest in domestic equity and bonds. In Brazil, a developmental coalition expanded BNDES and activated state-owned-enterprise pension funds as institutional investors. By tracing how political struggles inside the state shape markets, the book offers an innovative view of statecraft and marketcraft in Latin America. It speaks to scholars of political economy-and to policy entrepreneurs working on development across the Global South. Tomás Bril Mascarenhas (Ph.D., University of California, Berkeley) specializes in the comparative political economy of development. He is a Principal Researcher at the Argentine think tank Fundar.

ISBN: 9783032059383$q(electronic bk.)

Standard No.: 10.1007/978-3-032-05938-3doiSubjects--Topical Terms:

1005133
Capital market
--Government policy--Latin America.

LC Class. No.: HG5160.5.A3

Dewey Class. No.: 332.6732098

How states shape markets in Latin America
LDR:03652nmm a22003615a 4500 001 689846
003 DE-He213
005 20251117120401.0
006 m d
007 cr nn 008maaau
008 260409s2025 sz s 0 eng d
020 $a 9783032059383$q(electronic bk.)
020 $a 9783032059376$q(paper)
024 7 $a 10.1007/978-3-032-05938-3 $2 doi
035 $a 978-3-032-05938-3
040 $a GP $c GP
041 0 $a eng
050 4 $a HG5160.5.A3
072 7 $a JPS $2 bicssc
072 7 $a KCP $2 bicssc
072 7 $a POL011020 $2 bisacsh
072 7 $a JPS $2 thema
072 7 $a KCP $2 thema
082 0 4 $a 332.6732098 $2 23
090 $a HG5160.5.A3 $b B857 2025
100 1 $a Bril Mascarenhas, Tomás. $3 1005132
245 1 0 $a How states shape markets in Latin America $h [electronic resource] / $c by Tomás Bril Mascarenhas.
260 $a Cham : $b Springer Nature Switzerland : $b Imprint: Palgrave Macmillan, $c 2025.
300 $a xix, 414 p. : $b ill., digital ; $c 24 cm.
490 1 $a Latin American political economy, $x 2945-7084
505 0 $a Chapter 1: Introduction -- Chapter 2: The Within-State Politics of Policymaking: Entrepreneurial Political Técnicos in the Configuration of National Financial Systems -- Chapter 3: The Politics of State Involvement in Credit Markets in Brazil -- Chapter 4: The Politics of State Involvement in Credit Markets in Chile -- Chapter 5: The Politics of State Involvement in Capital Markets in Brazil -- Chapter 6: The Politics of State Involvement in Capital Markets in Chile -- Chapter 7: Implications.
520 $a "For too long, finance has been neglected in broader debates over the political economy of development in Latin America. Tomás Bril Mascarenhas' deeply researched and theoretically innovative book takes a major step in redressing that neglect and in bringing finance front and center. To explain the key differences among Brazil, Chile, and Argentina, Bril Mascarenhas takes us into the state to witness the bureaucratic politics that set these countries on different financial trajectories. Clear, well-written, and compelling, this book deserves careful reading by students of Latin America and beyond." Ben Ross Schneider, Ford International Professor of Political Science and Faculty Director MIT Chile, MIT Why have Latin American countries developed sharply divergent financial systems-and how do these systems shape national growth strategies? While Chile built large capital markets and Brazil expanded long-term credit for firms, Argentina lags behind in both. What explains this variation? This book uncovers the political origins of national financial systems by examining how coalitions of executive-branch officials reconfigure markets through two levers: the governance of the pension system and the deployment of state-owned banks as long-term lenders. In Chile, neoliberal técnicos dismantled the state's capacity as a lender and set up regulation inducing private pension funds to invest in domestic equity and bonds. In Brazil, a developmental coalition expanded BNDES and activated state-owned-enterprise pension funds as institutional investors. By tracing how political struggles inside the state shape markets, the book offers an innovative view of statecraft and marketcraft in Latin America. It speaks to scholars of political economy-and to policy entrepreneurs working on development across the Global South. Tomás Bril Mascarenhas (Ph.D., University of California, Berkeley) specializes in the comparative political economy of development. He is a Principal Researcher at the Argentine think tank Fundar.
650 0 $a Capital market $x Government policy $z Latin America. $3 1005133
650 1 4 $a International Political Economy. $3 790984
650 2 4 $a Development Studies. $3 739895
650 2 4 $a Development Economics. $3 274371
710 2 $a SpringerLink (Online service) $3 273601
773 0 $t Springer Nature eBook
830 0 $a Latin American political economy. $3 763266
856 4 0 $u https://doi.org/10.1007/978-3-032-05938-3
950 $a Political Science and International Studies (SpringerNature-41174)