The relation between elections and the economy in Latin America might be understood by considering the agency of candidates and the issue of policy preference congruence between investors and voters. The preference congruence model proposed in this article highlights political risk in emerging markets. Certain risk features increase the role of candidate campaign rhetoric and investor preferences in elections. When politicians propose policies that can appease voters and investors, elections may have a limited effect on economic indicators, such as inflation. But when voter and investor priorities differ significantly, deterioration of economic indicators is more likely. Moreover, voter and investor congruence is more likely before stabilization, when an inverted Philips curve exists, as opposed to following stabilization, when a more traditional Philips curve emerges.

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Rev. Bras. polít. Int. 57 (special edition): 138-156 [2014] Since at least the beginning of the Great Recession there has been considerable scholarly attention given to South-South relations. Although the deepening relations between developing countries is, in many ways, a continuation of earlier moments, discussions, and projects (such as the Non-Aligned Movement), the rise of China, the resurgence of Russia, and the emergence of Brazil and India, and to a lesser extent Turkey, Indonesia, and other countries-many of which may be considered middle powers (Gilley and O'Neil forthcoming)-have led to much greater visibility for South-South relations (Alexandroff and Cooper 2010).South-South relations have often been framed by academics and policymakers in traditional realist terms which assume a zero-sum world and the centrality of the US, the actor with the greatest material capabilities. These premises suggest that better relations between China and Brazil (or India, Egypt, or Angola) mean less US influence in that country, region, and the world. Not only must the rise of China (or Brazil and others) signal a decline in US power but so do the deepening itself of South-South relations.1 The present essay suggests that this interpretation neither explains South-South relations nor the intentions of foreign policy actors in the global South. Focusing on the foreign policy formulation of China and Brazil-two important "new" actors in global governance and in African

Scholars are divided over whether the emancipatory politics promised by new social movements can be attained within civil society or whether seizure of the state apparatus is necessary. The Bolivarian Revolution led by President Hugo Chávez presents a crucial case for examining this question. Chávez’s use of the state apparatus has been fundamental in broadening the concept of citizenship, but this extension of citizenship has occurred alongside the deliberate exclusion of others. This has not only limited its appeal as a citizenship project but created counterpublics that challenge the functioning of the government and its very legitimacy. Analysis of Bolivarianism in terms of micropublics shows both how otherwise disparate micropublics fuse together and why their union remains contingent and dependent on the figure of Chávez, its most significant producer.

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Comic book heroes often have their origins innoirdepictions of failed or failing states. The danger involved and the seeming anarchy that necessitates superheroes recall Hobbes's description of a state of nature and Leviathan as resolution. But comic book heroes generally inhabit states that are better identified by the Hobbes-inspired Carl Schmitt. Indeed, this articles argues that while the Hell's Kitchen ofDaredevilcomics has some characteristics of a state of nature, it is better characterized by the protracted crisis of state that Schmitt sees in liberal democracies. Hobbes and Schmitt elucidate the crisis that generates the need for a superhero but fail to explain why the superhero does not simply take over the city. This is better explained by American concepts of heroism which emphasize redemption and walking away from power (Lawrence and Jewett 2002).