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Unimaginable Atrocities: Justice, Politics, and Rights at the War Crimes Tribunals. By William Schabas. Oxford: Oxford University Press, 2012.

Unimaginable Atrocities: Justice, Politics, and Rights at the War Crimes Tribunals. By William... 348 Book Reviews not favor left-wing policies, they accept them so long as core neoliberal prin- ciples remain intact. Moreover, the author assumes that international financial capital prefers democratic regimes over dictatorships and, on that basis, argues that this preference accounts for both the decoupling of recent finan- cial crises and the elections of new democratic governments in Latin Amer- ica as well as the enormous influx of capital into the region in the past several decades. These arguments are developed in six chapters and a list of conclusions. In the first chapter, the author characterizes Latin American countries as emerging economies whose structures are not fully developed, but that have nonetheless adopted the neoliberal model. He therefore concludes that the flow of international capital is considered a fundamental factor for economic growth in the region. As he maintains, one of the main characteristics of these economies is their inclusion “in the indices used by portfolio managers as investable universes” (p. 10). Another important characteristic is that these economies are constrained by political regimes subject to “regular, free and fair elections” (p. 43), whose results are uncertain and in some cases can cause “major financial disruptions, stock market slumps, http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Global Governance: A Review of Multilateralism and International Organizations Brill

Unimaginable Atrocities: Justice, Politics, and Rights at the War Crimes Tribunals. By William Schabas. Oxford: Oxford University Press, 2012.

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Publisher
Brill
Copyright
Copyright © Koninklijke Brill NV, Leiden, The Netherlands
ISSN
1075-2846
eISSN
1942-6720
DOI
10.1163/19426720-02002014
Publisher site
See Article on Publisher Site

Abstract

348 Book Reviews not favor left-wing policies, they accept them so long as core neoliberal prin- ciples remain intact. Moreover, the author assumes that international financial capital prefers democratic regimes over dictatorships and, on that basis, argues that this preference accounts for both the decoupling of recent finan- cial crises and the elections of new democratic governments in Latin Amer- ica as well as the enormous influx of capital into the region in the past several decades. These arguments are developed in six chapters and a list of conclusions. In the first chapter, the author characterizes Latin American countries as emerging economies whose structures are not fully developed, but that have nonetheless adopted the neoliberal model. He therefore concludes that the flow of international capital is considered a fundamental factor for economic growth in the region. As he maintains, one of the main characteristics of these economies is their inclusion “in the indices used by portfolio managers as investable universes” (p. 10). Another important characteristic is that these economies are constrained by political regimes subject to “regular, free and fair elections” (p. 43), whose results are uncertain and in some cases can cause “major financial disruptions, stock market slumps,

Journal

Global Governance: A Review of Multilateralism and International OrganizationsBrill

Published: Aug 19, 2014

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