This book investigates the two-way relationship between debt and democracy in Latin America. It examines the evidence about how regime type influenced the choice of policy to deal with foreign creditors and related economic issues.
1. Introduction Part I: A Political-Economic Overview of the Debt Crisis 2. The Latin American Debt Problem: Anatomy and Solutions 3. Winners and Losers in the Latin American Debt Crisis: The Political Implications 4. Debt and Democracy in Latin America, 1920s—1980s Part II: Key Actors in the Debt-Democracy Dilemma 5. How the "Haves" Manage the "Have-Nots": Latin America and the Debt Crisis 6. National Business, Debt-Led Growth, and Political Transition in Latin America 7. Organized Labor: A Major Victim of the Debt Crisis Part III: Case Studies of Debt and Democracy 8. Economic Orthodoxy and Political Change in Mexico: The Stabilization and Adjustment Policies of the de Ia Madrid Administration 9. Debt, Adjustment, and Democratic Cacophony in Brazil 10. Crisis Management, Economic Reform, and Costa Rican Democracy 11. Democratization, Crisis, and the APRA's Modernization Project in Peru 12. Political Economy of Democratic Transition: Chile in the 1980s Part IV: Conclusion 13. Debt and Democracy in the 1980s: The Latin American Experience