The Political Economy of Policy Reform

The Political Economy of Policy Reform PDF Author: John Williamson
Publisher: Peterson Institute
ISBN: 9780881321951
Category : Business & Economics
Languages : en
Pages : 630

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Book Description
Policymakers around the world have increasingly agreed that macroeconomic discipline, microeconomic liberalization, and outward orientation are prerequisites for economic success. But what are the political conditions that make economic transformation possible? At a conference held at the Institute for International Economics, leaders of economic reform recounted their efforts to bring about change and discussed the impact of the political climate on the success of their efforts. In this book, these leaders explore the political conditions conducive to the success of policy reforms. Did economic crisis strengthen the hands of the reformers? Was the rapidity with which reforms were instituted crucial? Did the reformers have a "honeymoon" period in which to transform the economy? The authors answer these and other questions, as well as providing first-hand accounts of the politically charged atmosphere surrounding reform efforts in their countries.

The Political Economy of Policy Reform

The Political Economy of Policy Reform PDF Author: John Williamson
Publisher: Peterson Institute
ISBN: 9780881321951
Category : Business & Economics
Languages : en
Pages : 630

Get Book Here

Book Description
Policymakers around the world have increasingly agreed that macroeconomic discipline, microeconomic liberalization, and outward orientation are prerequisites for economic success. But what are the political conditions that make economic transformation possible? At a conference held at the Institute for International Economics, leaders of economic reform recounted their efforts to bring about change and discussed the impact of the political climate on the success of their efforts. In this book, these leaders explore the political conditions conducive to the success of policy reforms. Did economic crisis strengthen the hands of the reformers? Was the rapidity with which reforms were instituted crucial? Did the reformers have a "honeymoon" period in which to transform the economy? The authors answer these and other questions, as well as providing first-hand accounts of the politically charged atmosphere surrounding reform efforts in their countries.

The Political Economy of Reform

The Political Economy of Reform PDF Author: Federico Sturzenegger
Publisher: MIT Press
ISBN: 9780262194006
Category : Business & Economics
Languages : en
Pages : 402

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Book Description
In this book, Federico Sturzenegger and Mariano Tommasi propose formal models to answer some of the questions raised by the recent reform experience of many Latin American and eastern European countries.

The Political Economy of Reform Lessons from Pensions, Product Markets and Labour Markets in Ten OECD Countries

The Political Economy of Reform Lessons from Pensions, Product Markets and Labour Markets in Ten OECD Countries PDF Author: Tompson William
Publisher: OECD Publishing
ISBN: 9264073116
Category :
Languages : en
Pages : 501

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Book Description
By looking at 20 reform efforts in ten OECD countries, this report examines why some reforms are implemented and other languish.

Understanding Policy Change

Understanding Policy Change PDF Author: Cristina Corduneanu-Huci
Publisher: World Bank Publications
ISBN: 0821395394
Category : Political Science
Languages : en
Pages : 379

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Book Description
This book provides the reader with the full panoply of political economy tools and concepts necessary to understand, analyze, and integrate how political and social factors may influence the success or failure of their policy goals.

The Political Economy of Macroeconomic Policy Reform in Latin America

The Political Economy of Macroeconomic Policy Reform in Latin America PDF Author: Eduardo Wiesner
Publisher: Edward Elgar Publishing
ISBN: 184844026X
Category : Business & Economics
Languages : en
Pages : 297

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Book Description
This book is a must read for anyone interested in policy reforms in Latin America. The author combines tremendous experience in the field and deep knowledge of economic theory: a rare combination. Alberto Alesina, Harvard University, US One of the key contributions of this book is its insistence on the importance of policy, institutional and political accountability for evaluating and enhancing macroeconomic performance and for reducing inequality. John B. Taylor, Stanford University and Hoover Institution, US Dr Wiesner combines a command of modern political and economic theories and detailed knowledge of Latin America to clarify why reform of policies and institutions has proved so difficult in that region. His general conclusion is that initial conditions of inequality and poverty reduce the demand for reform, but he finds that the process manifests itself differently in different countries. He identifies several necessary conditions for breaking out of these vicious circles. Scholars and practitioners alike can learn from his impressively thorough and detailed analysis. Avinash K. Dixit, Princeton University, US This book argues insightfully that underdevelopment is the result of the political economy difficulties some countries have in the effectiveness of public expenditures in general and of social pro-poor expenditures in particular. The policy implication is that reform strategies should focus on identifying the wrong political incentives in public expenditures. Ricardo Hausmann, Harvard University, US Eduardo Wiesner s book makes an important contribution to the understanding of development by blending together the interdependent issues of (i) macroeconomic performance and volatility, (ii) equity and distributive justice, (iii) fiscal deficits and the redistributive effectiveness of social public expenditures, and (iv) the demand for the right institutions and for policy reform in Latin America. It does this by examining recent macroeconomic crises from a political economy perspective, and finds that information is the critical algorithm that links together the demand for macroeconomic stability, macroeconomic performance and, ultimately, distributive justice. This volume is geared toward those interested in the political economy of development and policy reform in general and in Latin America, including academics, policy makers, and the general reader.

Public Choices and Policy Change

Public Choices and Policy Change PDF Author: Merilee S. Grindle
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 248

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Book Description


The Political Economy of Tax Reform

The Political Economy of Tax Reform PDF Author: Takatoshi Ito
Publisher: University of Chicago Press
ISBN: 0226387003
Category : Business & Economics
Languages : en
Pages : 362

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Book Description
The rapid emergence of East Asia as an important geopolitical-economic entity has been one of the most visible and striking changes in the international economy in recent years. With that emergence has come an increased need for understanding the problems of interdependence. As a step toward meeting this need, the National Bureau of Economic Research joined with the Korea Development Institute to sponsor this volume, which focuses on the complexities of tax reform in a global economy. Experts from Taiwan, Korea, the Philippines, Japan, and Thailand, as well as the United States, Canada, and Israel examine the major tax programs of the 1980s and their domestic and international economic effects. The analyses reveal similarities between the United States and countries in East Asia in political constraints on policy making, and taken together they show how growing interdependence interacts with domestic economic and political concerns to affect issues as politically vital as tax reform. Economists, policymakers, and members of the business community will benefit from these studies.

Aid and the Political Economy of Policy Change

Aid and the Political Economy of Policy Change PDF Author: Tony Killick
Publisher: Routledge
ISBN: 1134662459
Category : Business & Economics
Languages : en
Pages : 236

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Book Description
This volume looks at the effectiveness of conditionality in structural adjustment programmes. Tony Killick charts the emergence of conditionality, and challenges the widely held assumption that it is a co-operative process, arguing that in fact it tends to be coercive and detrimental to development objectives. Through detailed case studies of twenty one recipient countries, he explores the key issues of: * ownership * role of agencies * government objectives and the effects of policy. The conclusion is that conditionality has been counterproductive to price stability, economic growth and investment.

The Political Economy of Reform Failure

The Political Economy of Reform Failure PDF Author: Mats Lundahl
Publisher: Routledge
ISBN: 1134231245
Category : Business & Economics
Languages : en
Pages : 368

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Book Description
Economists have moved in recent years beyond analyzing the manner in which the macroeconomies of different countries function and prescribing appropriate policies for dealing with domestic and external imbalances. Increasingly, they have sought to understand the complex interaction between political and economic phenomena. This book considers issues of economic reform in a broad range of settings: * developed countries * transition countries * developing countries Using country specific cases such as Uzbekistan, Burma and Haiti, it focuses on those territories which have encountered problems reforming, allowing the reader to gain an accurate understanding of the factors that inhibit the success of economic reform, the different context in which economic reform is attempted, and the different challenges that individual countries face. An international team of contributors including Bo Södersten, Deepak Lal and Ron Findlay have been brought together to analyze these topical issues, making this an informative and thought-provoking book, of interest to those involved in the field of development studies.

Dealing with Losers

Dealing with Losers PDF Author: Michael J. Trebilcock
Publisher:
ISBN: 0190456949
Category : Business & Economics
Languages : en
Pages : 242

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Book Description
Dealing with Losers addresses the transition costs associated with most policy reforms and strategies for mitigating those costs in order to facilitate the necessary political compromises to ensure that socially desirable reforms move forward. This book examines widely disparate public policy contexts - from trade liberalization to agricultural supply management, immigration, and climate change policy - to illustrate the importance, in political economy terms, of well-considered transition cost mitigation strategies.