Javier Santiso
Biographic Data
| ID | 767367 |
|---|---|
| NAME | Javier Santiso |
| GIVEN NAMES | Javier |
| FAMILY NAME | Santiso |
| SIGNATURE | SANTISO J |
| AFFILIATIONS | Universitat Ramon Llull |
| VERIFIED | No |
| TOTAL WORKS | 29 |
| TOTAL CITATIONS | 124 |
| AUTHOR COUNT | 29 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1993 |
| LATEST PUBLICATION YEAR | 2023 |
| H-INDEX | 5 |
Et si par bonheur la nuit se fait jour
Temps et démocratie
Le temps, avec les nombreux rôles qu’il joue et ses différentes facettes, constitue un enjeu majeur dans le champ de la politique. Mais ni la science politique en général ni les études sur la démocratie en particulier n’y ont jusqu’à aujourd’hui prêté une attention explicite et systématique. Le présent article ébauche de façon exploratoire certaines questions de fond qui pourraient (et devraient) être traitées dans le cadre de recherches futures …
The Decade of the Multilatinas
Latin American multinationals (multilatinas) have been central in the rise of emerging markets in the last few decades. Their development comprises part of the global shift of wealth and power between nations. The rise of firms in a broad range of sectors - including construction, oil, telecommunications and the aeronautical industry - as important regional and global players is spreading: companies in Brazil, Mexico, Colombia, Chile and many oth…
Decade of the Multilatinas
Killing Me Softly
In Brazil and Mexico, as well as for the region as a whole, there are definitely more social needs than resources to attend to them. This is in part a result of the brutal adjustments in social spending imposed to face the debt crisis of the 1980s. The fiscal adjustments of recent years, however, were not implemented at the expense of social expenditure; in fact, social expenditure per capita increased by 50 percent in the course of the 1990s and…
A Historical Perspective on the Political Economy of Inequality in Latin America
This article explores the historical evolution of the political economy of inequality. It evaluates how and why inequality appears so deeply embedded and so extreme in the Latin American case. It considers inequality within countries, and finds that a significant part of the story, though by no means all, turns on inequality between Latin America and the international economy. Three main arguments are presented. First, that inequality is often fu…
Political uncertainty and portfolio managers in emerging economies
This paper claims that investors dislike political uncertainty about future policies and value stability in the political environment. We test the validity of this hypothesis by first studying variations in equity flows from global investment funds to emerging markets in periods surrounding elections. Second, we interpret changes in democracy score as another event potentially creating political uncertainty and assess their effects on equity flow…
The emergence of Latin multinationals
The corporate world has changed remarkably in the past 10 years.New multinationals are appearing in countries with emerging marketssuch as Brazil, India, China, South Africa and Mexico, which are not onlytop recipients of foreign capital, but have fast become major investorsthemselves. An important part of the remarkable story of emergingmultinationals has been the eruption of world-class Latin multinationals(or multilatinas); from Mexico and Bra…
Banking on Democracy
Clearly, a new agenda is emerging for private international banks. Political issues such as human rights seem to be a current concern. But what about democracy? What about political regimes? Are they taken into account by private banks when they decide whether to invest in a country? Put another way, do private banks have democratic political preferences? In this article, we focus on cross-border lending from international bank(er)s. The question…
Latin America's Political Economy of the Possible
Neither socialism nor free-market neoliberalism has been a very helpful model for Latin America, writes Javier Santiso in this witty and literate reading of that region's economic and political condition. Latin America must move beyond utopian schemes and rigid ideologies invented in other hemispheres and acknowledge its own social realities of inequality and poverty. And today some countries—notably Chile and Brazil, but also Mexico and Colombia…
Markets in virtue
The politics of ethical correctness responds on occasion - or often as its detractors would claim - only to enlightened self-interest. To set up an ethical fund, or to commit to a micro-finance programme, may be a mere concession to the Zeitgeist or an indirect enhancement of self-esteem. Nonetheless, the homage to virtue raises contemporary question and issues. The money committed to ethical funds is far from trivial. In the USA, every tenth dol…
Mexico
Since 2001, financial agents, country-risk analysts and credit rating agencies have considered Mexico to be a solvent or low-risk country. This article seeks to answer the question of whether Mexico has ceased to be an emerging market economy. Therefore, the aim of the article is to provide an overview of the factors that lie behind this positive view of Mexico. We believe the answer to this question is affirmative. The positive change in the exp…
In This Issue
Financial Markets and Politics
This article focuses on the interactions between politics and financial markets in emerging economies. More precisely, it examines how Wall Street reacts to major Latin American political events. The case study focuses on the 2002 Brazilian presidential elections. The first section of the article provides a critical review of the available literature. The second section presents an empirical study of Wall Street analysts' perceptions of the 2002 …
A la recherche de la démocratie
Political sluggishness and economic speed
The current moment seems to be a hiatus. Not one of an empty throne, but more that of two masters of time who are fighting over the control of time - the state and the market. Beyond the transfer of sovereignty over a period of time, these reforms are above all testimony to the inexorable acceleration of contemporary temporalities. Making the transfer from the public to the private sphere, from the "master of the clocks" that is the state to the …
Tiempo y democracia, nubes y tierra
Entre justice et raison politique. L'affaire Pinochet
Entre justice et raison politique. L'affaire Pinochet
Hermet, Santiso Javier. Entre justice et raison politique. L'affaire Pinochet. In: Critique internationale, vol. 3. 1999. Crime et politique en démocratie, sous la direction de Didier Bigo. pp. 35-42
Analysts Analyzed
The reaction time of financial markets presently constitutes one of the major challenges facing the state. Using the results of a qualitative research study, this article formulates and discusses an hypothesis concerning the short-termism of financial markets by presenting an analysis of the temporal horizons and cognitive maps of actors who “make or break” prices on emerging markets. Behind the power of the market hides a multitude of actors, an…
Introduction
Wall Street and the Mexican Crisis
The purpose of this article is to demonstrate that the Mexican episode provides an excellent laboratory for exposing the interactions between political and economic time-scales. The events in Mexico invite us to take a closer look at what has become a crucial factor in world affairs, namely the mechanisms driving the financial markets and their interactions with the international system. The latter, led by the United States, was forced to adjust …
L'affaire Pinochet
Three Temporal Dimensions to the Consolidation of Democracy
The study of democratization, more than most fields of comparative political inquiry, should be sensitive to the time factor. When something happens, as well as in what order and with what rhythm, can be even more important in determining the outcome than whether something happens or what happens. As “transitologists” and “consolidologists” have moved away from structural determinants of democracy toward a more process- and actor-oriented approac…
Democracy and Time
Time with its many roles and faces is a major player in the field of politics. But up to now, neither political science in general nor studies of democracy in particular have taken explicit and systematic notice of it. The present explorative article outlines some core questions that could (and should) be addressed by future research on political time: the construction of democratic time horizons (future and past), the nature of democracies' curr…
Three Temporal Dimensions to the Consolidation of Democracy
The study of democratization, more than most fields of comparative political inquiry, should be sensitive to the time factor. When something happens, as well as in what order and with what rhythm, can be even more important in determining the outcome than whether something happens or what happens. As “transitologists” and “consolidologists” have moved away from structural determinants of democracy toward a more process- and actor-oriented approac…
Democracy and Time
Time with its many roles and faces is a major player in the field of politics. But up to now, neither political science in general nor studies of democracy in particular have taken explicit and systematic notice of it. The present explorative article outlines some core questions that could (and should) be addressed by future research on political time: the construction of democratic time horizons (future and past), the nature of democracies' curr…
Financial Markets and Politics
This article focuses on the interactions between politics and financial markets in emerging economies. More precisely, it examines how Wall Street reacts to major Latin American political events. The case study focuses on the 2002 Brazilian presidential elections. The first section of the article provides a critical review of the available literature. The second section presents an empirical study of Wall Street analysts' perceptions of the 2002 …
À la recherche des temporalités de la démocratisation
Santiso Javier. À la recherche des temporalités de la démocratisation. In: Revue française de science politique, 44e année, n°6, 1994. pp. 1079-1085
Analysts Analyzed
The reaction time of financial markets presently constitutes one of the major challenges facing the state. Using the results of a qualitative research study, this article formulates and discusses an hypothesis concerning the short-termism of financial markets by presenting an analysis of the temporal horizons and cognitive maps of actors who “make or break” prices on emerging markets. Behind the power of the market hides a multitude of actors, an…
Wall Street and the Mexican Crisis
The purpose of this article is to demonstrate that the Mexican episode provides an excellent laboratory for exposing the interactions between political and economic time-scales. The events in Mexico invite us to take a closer look at what has become a crucial factor in world affairs, namely the mechanisms driving the financial markets and their interactions with the international system. The latter, led by the United States, was forced to adjust …
La démocratie incertaine. La théorie des choix rationnels et la démocratisation en Amérique latine
davantage les variables politiques et accordant une place centrale aux individus-acteurs. A partir de l'hypothèse de la rationalité imparfaite, ces recherches ont souligné le problème de l'incertitude inhérent aux démocratisations. Elles ont surtout développé l'idée, tout en se démarquant des analyses volontaristes, que les acteurs pouvaient tirer des avantages de cette incertitude, ouvrant ainsi la voie à des approches davantage probabilistes qu…
Political uncertainty and portfolio managers in emerging economies
This paper claims that investors dislike political uncertainty about future policies and value stability in the political environment. We test the validity of this hypothesis by first studying variations in equity flows from global investment funds to emerging markets in periods surrounding elections. Second, we interpret changes in democracy score as another event potentially creating political uncertainty and assess their effects on equity flow…
The Fall into the Present
Studies on democratization have approached the question of time from the perspective of both representation and allocation. They invite political science, and the social sciences in general, to further address the temporal dimension and the issue of time in processes of political change. From this perspective, democratizations can be described as critical moments for the reconfiguration of time perceptions and temporal representations, moments in…
The emergence of Latin multinationals
The corporate world has changed remarkably in the past 10 years.New multinationals are appearing in countries with emerging marketssuch as Brazil, India, China, South Africa and Mexico, which are not onlytop recipients of foreign capital, but have fast become major investorsthemselves. An important part of the remarkable story of emergingmultinationals has been the eruption of world-class Latin multinationals(or multilatinas); from Mexico and Bra…
Mexico
Since 2001, financial agents, country-risk analysts and credit rating agencies have considered Mexico to be a solvent or low-risk country. This article seeks to answer the question of whether Mexico has ceased to be an emerging market economy. Therefore, the aim of the article is to provide an overview of the factors that lie behind this positive view of Mexico. We believe the answer to this question is affirmative. The positive change in the exp…
Les horloges et les nuages
Les democratisations contemporaines invitent a reconsiderer la dimension temporelle du politique. Celle-ci est double : elle a trait aux problemes d’allocation et d’arbitrages temporels mais aussi a ceux inherents aux transformations des representations du temps. En Amerique latine comme en Europe orientale et centrale, les democratisations s’accompagnent en effet d’importantes reconfigurations des representations temporelles. Le futur cesse d’et…
Political sluggishness and economic speed
The current moment seems to be a hiatus. Not one of an empty throne, but more that of two masters of time who are fighting over the control of time - the state and the market. Beyond the transfer of sovereignty over a period of time, these reforms are above all testimony to the inexorable acceleration of contemporary temporalities. Making the transfer from the public to the private sphere, from the "master of the clocks" that is the state to the …
Latin America's Political Economy of the Possible
Neither socialism nor free-market neoliberalism has been a very helpful model for Latin America, writes Javier Santiso in this witty and literate reading of that region's economic and political condition. Latin America must move beyond utopian schemes and rigid ideologies invented in other hemispheres and acknowledge its own social realities of inequality and poverty. And today some countries—notably Chile and Brazil, but also Mexico and Colombia…
Markets in virtue
The politics of ethical correctness responds on occasion - or often as its detractors would claim - only to enlightened self-interest. To set up an ethical fund, or to commit to a micro-finance programme, may be a mere concession to the Zeitgeist or an indirect enhancement of self-esteem. Nonetheless, the homage to virtue raises contemporary question and issues. The money committed to ethical funds is far from trivial. In the USA, every tenth dol…
La démocratie incertaine. La théorie des choix rationnels et la démocratisation en Amérique latine
davantage les variables politiques et accordant une place centrale aux individus-acteurs. A partir de l'hypothèse de la rationalité imparfaite, ces recherches ont souligné le problème de l'incertitude inhérent aux démocratisations. Elles ont surtout développé l'idée, tout en se démarquant des analyses volontaristes, que les acteurs pouvaient tirer des avantages de cette incertitude, ouvrant ainsi la voie à des approches davantage probabilistes qu…
À la recherche des temporalités de la démocratisation
Santiso Javier. À la recherche des temporalités de la démocratisation. In: Revue française de science politique, 44e année, n°6, 1994. pp. 1079-1085
Les horloges et les nuages
Les democratisations contemporaines invitent a reconsiderer la dimension temporelle du politique. Celle-ci est double : elle a trait aux problemes d’allocation et d’arbitrages temporels mais aussi a ceux inherents aux transformations des representations du temps. En Amerique latine comme en Europe orientale et centrale, les democratisations s’accompagnent en effet d’importantes reconfigurations des representations temporelles. Le futur cesse d’et…
Three Temporal Dimensions to the Consolidation of Democracy
The study of democratization, more than most fields of comparative political inquiry, should be sensitive to the time factor. When something happens, as well as in what order and with what rhythm, can be even more important in determining the outcome than whether something happens or what happens. As “transitologists” and “consolidologists” have moved away from structural determinants of democracy toward a more process- and actor-oriented approac…
Democracy and Time
Time with its many roles and faces is a major player in the field of politics. But up to now, neither political science in general nor studies of democracy in particular have taken explicit and systematic notice of it. The present explorative article outlines some core questions that could (and should) be addressed by future research on political time: the construction of democratic time horizons (future and past), the nature of democracies' curr…
The Fall into the Present
Studies on democratization have approached the question of time from the perspective of both representation and allocation. They invite political science, and the social sciences in general, to further address the temporal dimension and the issue of time in processes of political change. From this perspective, democratizations can be described as critical moments for the reconfiguration of time perceptions and temporal representations, moments in…
Entre justice et raison politique. L'affaire Pinochet
Entre justice et raison politique. L'affaire Pinochet
Hermet, Santiso Javier. Entre justice et raison politique. L'affaire Pinochet. In: Critique internationale, vol. 3. 1999. Crime et politique en démocratie, sous la direction de Didier Bigo. pp. 35-42
Analysts Analyzed
The reaction time of financial markets presently constitutes one of the major challenges facing the state. Using the results of a qualitative research study, this article formulates and discusses an hypothesis concerning the short-termism of financial markets by presenting an analysis of the temporal horizons and cognitive maps of actors who “make or break” prices on emerging markets. Behind the power of the market hides a multitude of actors, an…
Introduction
Wall Street and the Mexican Crisis
The purpose of this article is to demonstrate that the Mexican episode provides an excellent laboratory for exposing the interactions between political and economic time-scales. The events in Mexico invite us to take a closer look at what has become a crucial factor in world affairs, namely the mechanisms driving the financial markets and their interactions with the international system. The latter, led by the United States, was forced to adjust …
L'affaire Pinochet
Political sluggishness and economic speed
The current moment seems to be a hiatus. Not one of an empty throne, but more that of two masters of time who are fighting over the control of time - the state and the market. Beyond the transfer of sovereignty over a period of time, these reforms are above all testimony to the inexorable acceleration of contemporary temporalities. Making the transfer from the public to the private sphere, from the "master of the clocks" that is the state to the …
Tiempo y democracia, nubes y tierra
A la recherche de la démocratie
In This Issue
Financial Markets and Politics
This article focuses on the interactions between politics and financial markets in emerging economies. More precisely, it examines how Wall Street reacts to major Latin American political events. The case study focuses on the 2002 Brazilian presidential elections. The first section of the article provides a critical review of the available literature. The second section presents an empirical study of Wall Street analysts' perceptions of the 2002 …
Mexico
Since 2001, financial agents, country-risk analysts and credit rating agencies have considered Mexico to be a solvent or low-risk country. This article seeks to answer the question of whether Mexico has ceased to be an emerging market economy. Therefore, the aim of the article is to provide an overview of the factors that lie behind this positive view of Mexico. We believe the answer to this question is affirmative. The positive change in the exp…
Markets in virtue
The politics of ethical correctness responds on occasion - or often as its detractors would claim - only to enlightened self-interest. To set up an ethical fund, or to commit to a micro-finance programme, may be a mere concession to the Zeitgeist or an indirect enhancement of self-esteem. Nonetheless, the homage to virtue raises contemporary question and issues. The money committed to ethical funds is far from trivial. In the USA, every tenth dol…
Latin America's Political Economy of the Possible
Neither socialism nor free-market neoliberalism has been a very helpful model for Latin America, writes Javier Santiso in this witty and literate reading of that region's economic and political condition. Latin America must move beyond utopian schemes and rigid ideologies invented in other hemispheres and acknowledge its own social realities of inequality and poverty. And today some countries—notably Chile and Brazil, but also Mexico and Colombia…
The emergence of Latin multinationals
The corporate world has changed remarkably in the past 10 years.New multinationals are appearing in countries with emerging marketssuch as Brazil, India, China, South Africa and Mexico, which are not onlytop recipients of foreign capital, but have fast become major investorsthemselves. An important part of the remarkable story of emergingmultinationals has been the eruption of world-class Latin multinationals(or multilatinas); from Mexico and Bra…
Banking on Democracy
Clearly, a new agenda is emerging for private international banks. Political issues such as human rights seem to be a current concern. But what about democracy? What about political regimes? Are they taken into account by private banks when they decide whether to invest in a country? Put another way, do private banks have democratic political preferences? In this article, we focus on cross-border lending from international bank(er)s. The question…
Killing Me Softly
In Brazil and Mexico, as well as for the region as a whole, there are definitely more social needs than resources to attend to them. This is in part a result of the brutal adjustments in social spending imposed to face the debt crisis of the 1980s. The fiscal adjustments of recent years, however, were not implemented at the expense of social expenditure; in fact, social expenditure per capita increased by 50 percent in the course of the 1990s and…
A Historical Perspective on the Political Economy of Inequality in Latin America
This article explores the historical evolution of the political economy of inequality. It evaluates how and why inequality appears so deeply embedded and so extreme in the Latin American case. It considers inequality within countries, and finds that a significant part of the story, though by no means all, turns on inequality between Latin America and the international economy. Three main arguments are presented. First, that inequality is often fu…
Political uncertainty and portfolio managers in emerging economies
This paper claims that investors dislike political uncertainty about future policies and value stability in the political environment. We test the validity of this hypothesis by first studying variations in equity flows from global investment funds to emerging markets in periods surrounding elections. Second, we interpret changes in democracy score as another event potentially creating political uncertainty and assess their effects on equity flow…
Political science (23 works) · Economics (18 works) · Law (11 works) · Political economy (11 works) · Politics (11 works) · Emerging markets (8 works) · Global Financial Crisis and Policies (8 works) · Law (8 works) · Philosophy (8 works) · Economic Theory and Policy (7 works)