Political Management And Economic Policy Reform
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Author | : John Williamson |
Publisher | : Peterson Institute |
Total Pages | : 630 |
Release | : 1994 |
Genre | : Business & Economics |
ISBN | : 9780881321951 |
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.
Author | : Joe L. Wallis |
Publisher | : Edward Elgar Publishing |
Total Pages | : 214 |
Release | : 2007-01-01 |
Genre | : Political Science |
ISBN | : 9781781959237 |
'In this new, exciting exposition, Brian Dollery and Joe Wallis (here joined by Linda McLoughlin) continue their unique explorations advancing the frontiers of public administration and political economy with a fresh, challenging, and thought-provoking analysis of the effects and implications of more than two decades of public sector reform.' - Zane Spindler, Simon Fraser University, Canada
Author | : John Paul Chudy |
Publisher | : |
Total Pages | : 310 |
Release | : 1992 |
Genre | : Costa Rica |
ISBN | : |
Author | : Joan M. Nelson |
Publisher | : Transaction Publishers |
Total Pages | : 196 |
Release | : 1989-01-01 |
Genre | : Business & Economics |
ISBN | : 9781412823852 |
"Economic reform by Third World governments is usually portrayed as the product of outside pressure, especially from the International Monetary Fund (IMF) and World Bank. This welcome collection provides an important counter-perspective by putting domestic politics at center stage. Miles Kahler demonstrates that international institutions only rarely play an important role."--Orbis' "Joan Nelson and her collaborators have performed a valuable service for those concerned about the politics of reform by bringing together a series of informed and insightful essays that address clearly and concisely the difficult political dilemmas of economic adjustment."--Merilee S. Grindle,Economic Development and Cultural Change
Author | : J. L. S. Abbey |
Publisher | : |
Total Pages | : 33 |
Release | : 1998 |
Genre | : Commonwealth countries |
ISBN | : 9780850925593 |
Successful implementation of economic reform is largely dependent on the political and social environment in which they are introduced. This paper was commissioned because Commonwealth countries have an interest in understanding the dynamics and management of economic reform. Dr Abbey emphasizes the importance of mobilising political support for the reform process, and identifies the obstacles met at both the design and implementation stages. He considers: how the interests of different groups should be balanced; the nature of the political environment; information asymmetries; the competence and capacity of the bureaucracy to manage reform programmes; the role played by donors; the new emerging role of the state; the need for strong institutions to support reforms; and good government. The paper stresses that political stability is essential to effective adjustment and economic growth, and emphasizes the need for the state to modernise its processes.
Author | : Arye L. Hillman |
Publisher | : Springer Science & Business Media |
Total Pages | : 394 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 9401138826 |
Arye L. Hillman There has been much economic theorizing directed at providing the politician with guidance in the design of policies that will amend market outcomes in ways that achieve specified efficiency or equity objectives. It has been common practice in economic models to portray the politician who implements the policy recommendations as a mechanistic individual who behaves as would a benevolent dictator to maximize a prespecified conception of social welfare or the utility of a representative consumer. The self-interest and discretion that is attributed to firms and consumers as optimizing agents is absent from the motives of such a politician. Economic policy choice is thereby depoliticized. How well depoliticized economic theory fares in explaining or predicting economic policy choice depends naturally enough upon how politicized is the economic system in which economic and political agents function. The papers in this volume recognize that politicians may exercise sufficient discretion so as not to behave mechanistically in correcting market inefficiencies or in pursuit of a somehow specified just income distribution. Since politicians are viewed as self-interested optimizing agents, just as are utility-maximizing consumers and profit-maximizing producers, the choice of economic policies is politicized. Coverage is provided of a broad spectrum of economic policy choice where markets and politicians interact. Section I is concerned with policy determination in western market economies, Section II with the introduction of markets into economies in transition from socialism, and Section III with international transactions.
Author | : Stephen Reifenberg |
Publisher | : |
Total Pages | : 60 |
Release | : 1990 |
Genre | : Economic policy |
ISBN | : |
Author | : Ziya Önis |
Publisher | : World Bank Publications |
Total Pages | : 66 |
Release | : 1992 |
Genre | : Economic policy |
ISBN | : |
Among the lessons from Turkey's experience with economic policy reform: The political management of reform requires building and institutionalizing coalitions of beneficiaries from reform.
Author | : Robert H. Bates |
Publisher | : Wiley-Blackwell |
Total Pages | : 481 |
Release | : 1993-01-01 |
Genre | : Business & Economics |
ISBN | : 9781557863409 |
During the 1980s many developing countries undertook programs of far-reaching economic policy reform. Some have been very successful, some less so, and some have failed completely. In examining these episodes economists have focused upon the adequacy of economic policy changes but have paid little attention to their political impact. Likewise, political scientists have centered their attentions on the political reactions to reform while neglecting the economic aspects. These dissonant analyses produced a dilemma: what was good politics did not seem to be good economics and what was good economics did not seem to be good politics. From this dilemma a research project on the Political Economy of Policy Reform in Developing Countries emerged, led by Robert Bates and Anne Krueger. This volume is an analysis of the work carried out by eight research teams into policy reform in Brazil, Chile, Ecuador, Egypt, Ghana, Korea, Turkey and Zambia. The teams each consisted of an economist and a political scientist who jointly analyzed the economic and political ingredients of their country's reform efforts. This important work will be valuable reading for scholars and policy-makers in the fields of development, international, and agricultural economics. These studies will be of compelling interest to political scientists as well, particularly those in the fields of comparative politics and development studies.
Author | : Gordon C. Rausser |
Publisher | : Cambridge University Press |
Total Pages | : 498 |
Release | : 2011-09-30 |
Genre | : Political Science |
ISBN | : 113949984X |
This book analyzes the links between political economics, governance structures and the distribution of political power in economic policy making. The book theoretically explains and empirically quantifies these interactions. The analysis includes both public good policies and redistributive policies. Part I of the book presents the conceptual foundations of political-economic bargaining and interest group analysis. After presenting the underlying theory, Part II of the book examines ideology, prescription and political power coefficients; Part III analyzes a number of specific structures; and Part IV presents a framework for political econometrics with a number of empirical applications and testable hypotheses. In all four parts of the book, four analytical dimensions of public policy are distinguished: governance structures, political economy, mechanism design and incidence.