Discursive Exit

Some women did not participate in the Women's March, rejecting its claims of unity and solidarity because white women mobilize only in their self‐interest. This is a form of exit with three features: (1) rejecting a political claim; (2) providing reasons to the power wielder and the broader public; and (3) demanding accountability both as sanction and as deliberation, which requires a discussion about the claim—in this case, the meaning of the group and the terms on which it understands itself. This combination of exit, voice, and deliberative accountability might accurately be called “discursive exit.” Discursive exit addresses conceptual and normative limitations of standard accounts of exit, voice, and loyalty, in particular, when exit and voice are imperfect—because exit can be seen as disapproval of an entire cause—and morally problematic—because voice “from within” implies that cause trumps disagreement, leaving people morally complicit in an unwelcome exercise of power.     

Financial crisis and capital controls: Latin America

Over two decades Chile has moved from an inward‐looking model of development based on industrialisation through import‐substitution to an outward‐looking model opening the economy to the outside world and based on export‐led development. This shift has brought about a profound change in the country's trade policies, entailing the adoption of neutral tariffs and tax policies, non‐discriminatory policies, and low level of protection. As a consequence, there has been a drastic improvement in the resource allocation process. Diversification of the country's foreign markets is a key component in the success of the new strategy, which has been reflected in the country's rapid economic growth of the last 12 years.