Mobile Capital and Latin American Development

Mobile Capital and Latin American Development, Volume 1, provides a rigorous examination of the causes and consequences of the Latin American capital flight during the 1980s. James E Mahon Jr analyzes the increasingly mobile and privatized nature of international capital and its capacity to influence economic policy across the region. By comparing the specific policy experiences of Argentina, Brazil, Chile, Colombia, Mexico, and Venezuela, this academic text explores how structural trade problems and exchange market instability contributed to economic volatility.

This scholarly work situates capital movements and foreign exchange within the broader context of Latin American development and external debts. Mahon investigates how overseas capital acted as a catalyst for neoliberal reform and examines the relationship between mobile capital and the institutionalization of democracy. The book offers critical insights into economic policy and dependency theories, making it a significant resource for those studying the intersection of international finance and Latin American political economy.