The Political Economy of Elites in Latin America

Recent years have seen renewed interest in elites around the world, and their interconnection with power, privilege, social stratification, and social change. The contributors to this edited volume explore the many facets of the role of elites in the political economy of Latin America: their position within society, their impact upon the economy, and their influence within governing institutions. The book demonstrates that in Latin America, as in many other parts of the world, structural change and movements toward more just, inclusive, and sustainable societies seem impossible without the involvement of elites at some level. This raises important questions: Under what conditions do elites push for reform? How do elites react to societal and economic challenges and changes? To what extent can popular classes successfully pressure elites? Bringing together a selection of case studies covering different Latin American countries, the book focuses on three key themes to address these questions: first, it explores how elites react to economic and societal challenges with some chapters looking at moments of change, as well as measures taken by individual elites to alter the status quo. Second, it seeks to understand the interrelation between external and domestic factors that engender elite action including global markets, geopolitics, state institutions, social forces, and the internal structure of elite groups. Third, it reflects upon methodological questions of studying elites in Latin America, laying bare the potential pitfalls and offering possible routes to further inquiry. This book will be vital reading for researchers in political economy, development economics, economic sociology, and Latin American studies more broadly.