Volatility in emerging markets has become a familiar problem in the cases of Latin America and Asia; the particularities of the same phenomenon in the new market economies of Eastern Europe - the Czech Republic, Poland and Hungary - are of newer vintage. In the 1990s foreign capital surged into the fragile financial systems of these fledgling capitalist economies in the throes of privatization - this despite the inadequate quality of financial information and the weakness of their prudential regulatory regimes. This book explores the patterns and problems of capital inflows in the Central European economies in a global context and in particular with reference to the relevant experience of Spain as well as the emerging economies of Asia and Latin America.
A revealing look at presidential politics and foreign policy-making from the aftermath of Vietnam to the NATO intervention in Kosovo. The book illuminates the relationship between presidents' domestic and foreign policy priorities and the key role of public opinion in constraining presidential initiatives, particularly the ability of a president to use military force overseas. In case studies ranging from the invasion of Grenada through the Gulf War and the dilemmas of Somalia, Haiti, Bosnia and Kosovo, Melanson provides compelling portraits of presidents Nixon, Carter, Reagan, Bush and Clinton, and their different efforts to forge a foreign policy consensus.