Unexpected Outcomes: How Emerging Economies Survived the Global Financial Crisis

(Paperback)

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This book documents and explains the remarkable resilience of emerging market nations in East Asiaand Latin America when faced with the global financial crisis in 2008-2009. Their quick bouncebackmarked a radical departure from the past, such as when the 1982 debt shocks produced a decade-longrecession in Latin America or when the Asian financial crisis dramatically slowed those economies in thelate 1990s.

Author Bio

Carol Wise is associate professor of international studies at the University of Southern California. She is the coeditor (with Riordan Roett) of Post-Stabilization Politics in Latin America: Competition, Transition, Collapse (Brookings, 2003). Leslie Elliott Armijo is a nonresident faculty fellow with the Center for Latin American and Latino Studies at American University. Saori N. Katada is associate professor of international studies at the University of Southern California.