Politics of Market Discipline in Latin America - Campello, Daniela (Fundacao Getulio Vargas, Rio de Janeiro)

Daniela Campello uses a multi-method approach to challenge the notion that financial markets exert a broad influence over economic policy making in emerging economies. In Latin America, this influence varies between countries and over time, depending on cycles of currency booms and crises that are swayed by international commodity prices and US interest rates.