Debt and democracy in the 1980s: The Latin American experience

Robert Kaufman, Barbara Stallings

Research output: Chapter in Book/Report/Conference proceedingChapter

1 Scopus citations


This chapter presents the stage for the analysis by discussing the need for economic adjustment and some of the political determinants of government policies. It examines the evidence about whether and how type of regime influenced economic policy choice and looks at the influence of regime type on economic outcomes. The chapter discusses the debt/democracy issues around, and explores the way debt-related economic problems have affected the consolidation of democratic systems. Debate over the origins of the economic crisis of the 1980s has generally turned on the relative weight of international and domestic factors. Economic policies reflect the interests and ideological orientations of a government’s support coalition. The chapter aims to divide political regimes into three types: authoritarian regimes, established democracies, and transitional democracies. Established democracies are systems in which executive authority has long been limited by institutionalized processes of electoral competition and bargaining among independent and relatively evenly-balanced political parties.

Original languageEnglish (US)
Title of host publicationDebt and Democracy in Latin America
PublisherTaylor and Francis
Number of pages23
ISBN (Electronic)9780429702037
ISBN (Print)0813375487, 9780367014490
StatePublished - Jan 1 2019

All Science Journal Classification (ASJC) codes

  • Social Sciences(all)


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