Exploring the theoretical and substantive implications of austerity in Latin America, this book shows that the study of the region's debt crisis can contribute to an understanding of the impact of internationalization on national social structure and development.
0. Introduction Part 1: The Global Economy and Austerity 1. Debt, Austerity, and Latin America in the New International Division of Labor Part 2: The National Economy and Austerity 2. Democracy and Inflation, in the Light of the Brazilian Experience 3. The Fall of Labor's Share in Income and Consumption: A New "Growth Model" for Argentina? Part 3: The Consequences of Austerity 4. The Demographic Consequences of Austerity in Latin America 5. Austerity and Regional Development Strategy in Argentina and Latin America 6. The Polarization of Class and Space in the Contemporary Latin American City 7. Heterodox Shocks and the Political Economy of Democratic Transition in Argentina and Brazil Part 4: Responses to Austerity Policies 8. Austerity and Trade Unions in Latin America 9. The Response to Austerity: Political and Economic Strategies of Mexico's Rural Poor 10. Austerity and Dissent: Social Bases of Popular Struggle in Latin America