Financial Globalization and Democracy in Emerg Mkt

'Financial Globalization and Democracy in Emerging Markets' Edited Leslie Elliott Armijo (Macmillan Press Ltd, 1999) 348pp, £57.50, ISBN 0333730909

L. E. Armijo is a visiting scholar at the Mark O. Hatfield School of Government, Portland State University. She is author of Political Finance in Brazil and India: an Argument about Democracy and Inflation.

While the 1950s and 1960s were the era of foreign aid, and the 1970s the heyday, as the editor of this book describes it, of bank lending, the

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