BiblioVault - Books about Market Reform

Contesting Trade in Central America

Market Reform and Resistance

By Rose J. Spalding

University of Texas Press, 2014

In 2004, the United States, five Central American countries, and the Dominican Republic signed the Central American Free Trade Agreement (CAFTA), signaling the region’s commitment to a neoliberal economic model. For many, however, neoliberalism had lost its luster as the new century dawned, and resistance movements began to gather force. Contesting Trade in Central America is the first book-length study of the debate over CAFTA, tracing the agreement’s drafting, its passage, and its aftermath across Central America.

Rose J. Spalding draws on nearly two hundred interviews with representatives from government, business, civil society, and social movements to analyze the relationship between the advance of free market reform in Central America and the parallel rise of resistance movements. She views this dynamic through the lens of Karl Polanyi’s “double movement” theory, which posits that significant shifts toward market economics will trigger oppositional, self-protective social countermovements. Examining the negotiations, political dynamics, and agents involved in the passage of CAFTA in Costa Rica, El Salvador, and Nicaragua, Spalding argues that CAFTA served as a high-profile symbol against which Central American oppositions could rally. Ultimately, she writes, post-neoliberal reform “involves not just the design of appropriate policy mixes and sequences, but also the hard work of building sustainable and inclusive political coalitions, ones that prioritize the quality of social bonds over raw economic freedom.”

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Opening Up

Youth Sex Culture and Market Reform in Shanghai

James Farrer

University of Chicago Press, 2002

From teen dating to public displays of affection, from the "fishing girls" and "big moneys" that wander discos in search of romance to the changing shape of sex in the Chinese city, this is a book like no other. James Farrer immerses himself in the vibrant nightlife of Shanghai, draws on individual and group interviews with Chinese youth, as well as recent changes in popular media, and considers how sexual culture has changed in China since its shift to a more market-based economy.

More and more men and women in China these days are having sex before marriage, creating a new youth sex culture based on romance, leisure, and free choice. The Chinese themselves describe these changes as an "opening up" in response to foreign influences and increased Westernization. Farrer explores these changes by tracing the basic elements in talk about sex and sexuality in Shanghai. He then shows how Chinese youth act out the sometimes-contradictory meanings of sex in the new market society. For Farrer, sexuality is a lens through which we can see how China imagines and understands itself in the wake of increased globalization. Through personal storytelling, neighborhood gossip, and games of seduction, young men and women in Shanghai balance pragmatism with romance, lust with love, and seriousness with play, collectively constructing and individually coping with a new culture based on market principles. With its provocative glimpse into the sex lives of young Chinese, then, Opening Up offers something even greater: a thoughtful consideration of China as it continues to develop into an economic superpower.

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Partisan Ruptures

Self-Management, Market Reform and the Spectre of Socialist Yugoslavia

Gal Kirn

Pluto Press, 2019

Yugoslavia's twentieth-century bore witness to civil war, sharp ideological struggles and a series of 'partisan ruptures'; revolutionary events that changed the face of Yugoslavian society, politics and culture, which were felt on a global level. This book is a comprehensive historical and political analysis of the three major ruptures; the People's Liberation Struggle during World War Two, the self-management model and the Non-Aligned Movement. In order to understand what provoked and what came out of these revolutionary ruptures, Gal Kirn examines the implications of communism and socialism's productive relationship, the Yugoslavian 'experiment' of market socialism that marked the political and economic shift towards 'post-socialism' already in the 1960s, which crystallised new class coalitions that will later on - together with austerity politics - lead the way towards des-integration of Yugoslavia. Filling a much-needed gap in English language literature, this book's interrogation of the Yugoslav socialist experiment offers insights for left projects and democratic socialist discussions today, as well as historians of Yugoslavia and revolutionary movements.

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The Political Economy of Dual Transformations

Market Reform and Democratization in Hungary

David L. Bartlett

University of Michigan Press, 1997

In the early 1990s, scholars voiced skepticism about the capacity of Eastern Europe's new democracies to manage simultaneous political and economic reform. They argued that the surge of popular participation following democratization would thwart efforts by successor governments to enact market reforms that imposed high costs on major elements of post-Communist society. David Bartlett challenges the conventional wisdom regarding the hazards of "dual transformations": far from hindering marketization, democratization facilitated it. Bartlett argues that the transition to democracy in East Central Europe lowered the political barriers to market reforms by weakening the ability of actors most vulnerable to marketization to manipulate the existing institutional structure to stop or slow down the process.

Although the analysis focuses on Hungary, whose long history of market reforms makes it an ideal vehicle for assessing the impact of institutional change on reform policy, the author shows how his findings call into question the use of "shock therapy" and arguments, based on the experience in East Asia, that economic development and democratization are incompatible.

This book will appeal to economists, political scientists, and others interested in transition problems in formerly communist countries, democratic transitions, and the politics of stabilization and adjustment.

David L. Bartlett is Assistant Professor of Political Science, Vanderbilt University.

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