|
|
Article: Multilateral lending institutions and transnational policy networks in Mexico and Chile.
- Article from:
- Global Governance
- Article date:
- October 1, 2007
- Author:
CopyrightCOPYRIGHT 2007 Lynne Rienner Publishers. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
The impact of economic globalization for the countries of Latin America was profoundly shaped by the impact of the debt crisis of the early 1980s. For these countries, the emergence of transnational policy networks involving multilateral and domestic technocrats was instrumental in ushering in market reforms. By 2007, a variety of factors would seem to place middle-income countries such as Mexico and Chile beyond the policy reach of multilateral lending institutions. I argue, however, that the Inter-American Development Bank and the World Bank have, in fact, become closely entangled in the development of conditional cash transfer programs through closed transnational ...