Political Models Of Macroeconomic Policy And Fiscal Reform
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Author | : Alberto Alesina |
Publisher | : World Bank Publications |
Total Pages | : 46 |
Release | : 1992 |
Genre | : Ciclos economicos |
ISBN | : |
Two forces affect the success of stabilization in both dramatic and dictatorial systems: (1) the policymakers' incentive to retain power and (2) society's polarization and the degree of social conflict.
Author | : Susan L. Shirk |
Publisher | : Univ of California Press |
Total Pages | : 411 |
Release | : 2023-04-28 |
Genre | : History |
ISBN | : 0520912217 |
In the past decade, China was able to carry out economic reform without political reform, while the Soviet Union attempted the opposite strategy. How did China succeed at economic market reform without changing communist rule? Susan Shirk shows that Chinese communist political institutions are more flexible and less centralized than their Soviet counterparts were. Shirk pioneers a rational choice institutional approach to analyze policy-making in a non-democratic authoritarian country and to explain the history of Chinese market reforms from 1979 to the present. Drawing on extensive interviews with high-level Chinese officials, she pieces together detailed histories of economic reform policy decisions and shows how the political logic of Chinese communist institutions shaped those decisions. Combining theoretical ambition with the flavor of on-the-ground policy-making in Beijing, this book is a major contribution to the study of reform in China and other communist countries. This title is part of UC Press's Voices Revived program, which commemorates University of California Press's mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1994. In the past decade, China was able to carry out economic reform without political reform, while the Soviet Union attempted the opposite strategy. How did China succeed at economic market reform without changing communist rule? Susan Shirk shows that Chine
Author | : Delano Villanueva |
Publisher | : World Scientific |
Total Pages | : 271 |
Release | : 2008 |
Genre | : Business & Economics |
ISBN | : 9812818308 |
"This volume is a collection of published and unpublished papers that the author has written over the last two decades during part of his tenure at the International Monetary Fund, the South East Asian Central Banks Research and Training Center, and Singapore Management University. The policy-oriented book examines the links between macroeconomic policies and noninflationary, full-employment levels and growth rates of aggregate gross domestic product, with particular focus on the application in emerging markets of the tools of growth theory. Theoretically sound and grounded in practical wisdom, this book is an essential reading for economic, financial and developmental policymakers, professional economists, and undergraduate/graduate students in economics and social sciences."--BOOK JACKET.
Author | : T. Persson |
Publisher | : Routledge |
Total Pages | : 200 |
Release | : 2012-11-12 |
Genre | : Business & Economics |
ISBN | : 1135645590 |
Uses a game theoretic approach to explore which economic policies are 'credible' and 'politically feasible', questions that had eluded traditional macroeconomic approaches.
Author | : International Monetary Fund |
Publisher | : International Monetary Fund |
Total Pages | : 257 |
Release | : 2015-04-20 |
Genre | : Business & Economics |
ISBN | : 1498344658 |
This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.
Author | : Rudiger Dornbusch |
Publisher | : University of Chicago Press |
Total Pages | : 416 |
Release | : 2007-12-01 |
Genre | : Business & Economics |
ISBN | : 0226158489 |
Again and again, Latin America has seen the populist scenario played to an unfortunate end. Upon gaining power, populist governments attempt to revive the economy through massive spending. After an initial recovery, inflation reemerges and the government responds with wage an price controls. Shortages, overvaluation, burgeoning deficits, and capital flight soon precipitate economic crisis, with a subsequent collapse of the populist regime. The lessons of this experience are especially valuable for countries in Eastern Europe, as they face major political and economic decisions. Economists and political scientists from the United States and Latin America detail in this volume how and why such programs go wrong and what leads policymakers to repeatedly adopt these policies despite a history of failure. Authors examine this pattern in Argentina, Brazil, Chile, Mexico, Nicaragua, and Peru—and show how Colombia managed to avoid it. Despite differences in how each country implemented its policies, the macroeconomic consequences were remarkably similar. Scholars of Latin America will find this work a valuable resource, offering a distinctive macroeconomic perspective on the continuing controversy over the dynamics of populism.
Author | : Mr.George Kopits |
Publisher | : International Monetary Fund |
Total Pages | : 58 |
Release | : 1998-07-22 |
Genre | : Business & Economics |
ISBN | : 9781557757043 |
What are fiscal policy rules? What are the principal benefits and drawbacks associated with various fiscal rules, particularly compared with alternative approaches to fiscal adjustment? Can fiscal rules contribute to long-run sustainability and welfare without sacrificing short-run stabilization? If so, what characteristics of fiscal rules make this contribution most effective? And in what circumstances and contexts, if any should the IMF encourage its member countries to adopt fiscal rules? This paper seeks to identify sensible fiscal policy rules that can succeed, if chosen by a member country, as an alternative to descretionary fiscal rules.
Author | : Anne O. Krueger |
Publisher | : Wiley-Blackwell |
Total Pages | : 184 |
Release | : 1992-01-01 |
Genre | : Business & Economics |
ISBN | : 9781557862747 |
Author | : Jacob S. Hacker |
Publisher | : Cambridge University Press |
Total Pages | : 487 |
Release | : 2021-11-11 |
Genre | : History |
ISBN | : 1316516369 |
Drawing together leading scholars, the book provides a revealing new map of the US political economy in cross-national perspective.
Author | : William R. Keech |
Publisher | : Cambridge University Press |
Total Pages | : 260 |
Release | : 1995-02-24 |
Genre | : Business & Economics |
ISBN | : 9780521467681 |
This book raises and addresses questions about the consequences of democratic institutions for economic performance.