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17240 results in Latin American government, politics and policy

Page 402 of 862

  • Cuba: From “Dollarization” to “Euroization” or “Peso Reconsolidation”?

  • Archibald R. M. Ritter, Nicholas Rowe
  • Journal:
    Latin American Politics and Society / Volume 44 / Issue 2 / Summer 2002
    Published online by Cambridge University Press:
    02 January 2018, pp. 99-123

  • Since its “depenalization” in 1993, the U.S. dollar has become possibly a more significant component of Cuba's money supply than the old peso. What are the alternatives? The euro seems inappropriate, given the inevitability of eventual normalization of relations with the United States. More advantageous would be to restore the Cuban peso, though this would involve unifying the bifurcated economic structure and the dual monetary and exchange rate systems. The Cuban government has yet to announce its plans. This study argues that an appropriate mix of exchange rate, monetary, fiscal, and income or wage and salary policies should support a rehabilitation of the Cuban peso.

  • Governance from below in Bolivia: A Theory of Local Government with Two Empirical Tests

  • Jean-Paul Faguet
  • Journal:
    Latin American Politics and Society / Volume 51 / Issue 4 / Winter 2009
    Published online by Cambridge University Press:
    02 January 2018, pp. 29-68

  • This article examines decentralization through the lens of the local dynamics it unleashed in the much-noted case of Bolivia. It argues that the national effects of decentralization are largely the sum of its local-level effects. To understand decentralization, therefore, we must first understand how local government works. The article explores the deep economic and institutional determinants of government quality in two extremes of municipal performance. From this it derives a model of local government responsiveness as the product of political openness and substantive competition. The quality of local politics, in turn, emerges endogenously as the joint product of the lobbying and political engagement of local firms and interests and the organizational density and ability of civil society. The analysis tests the theory's predictions on a database containing all Bolivian municipalities. The theory proves robust. The combined methodology provides a higher-order empirical rigor than either approach can alone.

  • LAP volume 51 issue 1 Cover and Front matter

  • Journal:
    Latin American Politics and Society / Volume 51 / Issue 1 / Spring 2009
    Published online by Cambridge University Press:
    02 January 2018, p. f1
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Page 402 of 862