Brazil is at crossroads, emerging slowly from a historic recession that was preceded by a huge economic boom. Reasons for the historic bust following a boom are manifold. Policy mistakes were an important contributory factor, and included the pursuit of countercyclical policies, introduced to deal with the effects of the global financial crisis, beyond the point where they were helpful. More fundamentally, it reflects longstanding structural weaknesses plaguing the economy, that also help explain Brazil’s uninspiring growth performance over the past four decades.

Drawing on a mix of political, economic, literary, and filmic texts, Crisis Cultures challenges current cultural histories of the neoliberal period by arguing that financialization, and not just neoliberalism, has been at the center of the dramatic transformations in Latin American societies in the last thirty years. Starting from political economic figures such as crisis, hyperinflation, credit, and circulation and exemplary cultural texts, Whitener traces the interactions between culture, finance, surplus populations, and racialized state violence after 1982 in Mexico and Brazil. Crisis Cultures makes sense of the emergence of new forms of exploitation and terrifying police and militarized violence by tracking the cultural and discursive forms, including real abstraction and the favela and immaterial cadavers and voided collectivities, that have emerged in the complicated aftermath of the long downturn and global turn to finance.

While Brazil’s deep recession has been broad based, it has been marked by a particularly large fall in investment. Real investment fell by around 30 percent between the beginning of 2014 and the beginning of 2017. This paper finds that a variety of factors contributed to the investment decline, including a deterioration in Brazil’s medium-term growth prospects, rising real interest rates, falling terms of trade, rising uncertainty related to economic policy, rising levels of corporate leverage and lower cash flow. Some of the factors that have weighed on investment over recent years have begun to normalize providing some impetus for a recovery. However, still-high levels of corporate leverage and the prospect of continued uncertainty related to economic policy settings suggest a turnaround in investment is likely to be subdued.

In Brazil, the confluence of strong global demand for the country's major products, global successes for its major corporations, and steady results from its economic policies is building confidence and even reviving dreams of grandeza—the greatness that has proven elusive in the past. Even as the current economic crisis tempers expectations of the future, the trends identified in this book suggest that Brazil will continue its path toward becoming a leading economic power in the future. Once seen as an economic backwater, Brazil now occupies key niches in energy, agriculture, service industries, and even high technology. Yet Latin America's largest nation still struggles with endemic inequality issues and deep-seated ambivalence toward global economic integration. Scholars and policy practitioners from Brazil, the United States, and Europe recently gathered to investigate the present state and likely future of the Brazilian economy. This important volume is the timely result. In Brazil as an Economic Superpower? international authorities focus on five key topics: agribusiness, energy, trade, social investment, and multinational corporations. Their analyses and expertise provide not only a unique and authoritative picture of the Brazilian economy but also a useful lens through which to view the changing global economy as a whole.

A comprehensive, critical assessment of the EU after Brexit The European Union is a political order of peculiar stamp and continental scope, its polity of 446 million the third largest on the planet, though with famously little purchase on the conduct of its representatives. Sixty years after the founding treaty, what sort of structure has crystallised, and does the promise of ever closer union still obtain? Against the self-image of the bloc, Perry Anderson poses the historical record of its assembly. He traces the wider arc of European history, from First World War to Eurozone crisis, the hegemony of Versailles to that of Maastricht, and casts the work of the EU’s leading contemporary analysts – both independent critics and court philosophers – in older traditions of political thought. Are there likenesses to the age of Metternich, lessons in statecraft from that of Machiavelli? An excursus on the UK’s jarring departure from the Union considers the responses it has met with inside the country’s intelligentsia, from the contrite to the incandescent. How do Brussels and Westminster compare as constitutional forms? Differently put, which could be said to be worse?

Traces the genesis, consolidation and consequences of the postmodern idea. Beginning in the Hispanic world of the 1930s, the text takes the reader through to the 70s, when Lyotard and Habermas gave the idea of postmodernism wider currency and finally the 90s, with the work of Fredric Jameson.

Many countries have experimented with different electoral rules in order either to increase involvement in the political system or make it easier to form stable governments. Barry Ames explores this important topic in one of the world's most populous and important democracies, Brazil. This book locates one of the sources of Brazil's "crisis of governance" in the nation's unique electoral system, a system that produces a multiplicity of weak parties and individualistic, pork-oriented politicians with little accountability to citizens. It explains the government's difficulties in adopting innovative policies by examining electoral rules, cabinet formation, executive-legislative conflict, party discipline and legislative negotiation. The book combines extensive use of new sources of data, ranging from historical and demographic analysis in focused comparisons of individual states to unique sources of data for the exploration of legislative politics. The discussion of party discipline in the Chamber of Deputies is the first multivariate model of party cooperation or defection in Latin America that includes measures of such important phenomena as constituency effects, pork-barrel receipts, ideology, electoral insecurity, and intention to seek reelection. With a unique data set and a sophisticated application of rational choice theory, Barry Ames demonstrates the effect of different electoral rules for election to Brazil's legislature. The readership of this book includes anyone wanting to understand the crisis of democratic politics in Brazil. The book will be especially useful to scholars and students in the areas of comparative politics, Latin American politics, electoral analysis, and legislative studies. Barry Ames is the Andrew Mellon Professor of Comparative Politics and Chair, Department of Political Science, University of Pittsburgh.