The Political Economy of Policy Reform

The Political Economy of Policy Reform
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.

The Political Economy of Reform

The Political Economy of Reform
Author: Federico Sturzenegger
Publisher: MIT Press
Total Pages: 402
Release: 1998
Genre: Business & Economics
ISBN: 9780262194006

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.

Economic Policy Reform

Economic Policy Reform
Author: Anne O. Krueger
Publisher: University of Chicago Press
Total Pages: 634
Release: 2000
Genre: Business & Economics
ISBN: 9780226454481

"Anne O. Krueger has assembled and deftly summarized an excellent set of papers on the major issues in economic reform in developing countries at the turn of the century."--Stanley Fischer, International Monetary Fund The papers and commentary collected in this volume discuss vital contemporary thinking on economic policy reform--in particular, the difficulties that leave so much of the world mired in poverty. Distinguished contributors address issues ranging from education and privatization to exchange rates and telecommunications reform, providing an excellent overview of the current situation and the possible paths into the future.

Political and Economic Interactions in Economic Policy Reform

Political and Economic Interactions in Economic Policy 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.

Making Politics Work for Development

Making Politics Work for Development
Author: World Bank
Publisher: World Bank Publications
Total Pages: 350
Release: 2016-07-14
Genre: Business & Economics
ISBN: 1464807744

Governments fail to provide the public goods needed for development when its leaders knowingly and deliberately ignore sound technical advice or are unable to follow it, despite the best of intentions, because of political constraints. This report focuses on two forces—citizen engagement and transparency—that hold the key to solving government failures by shaping how political markets function. Citizens are not only queueing at voting booths, but are also taking to the streets and using diverse media to pressure, sanction and select the leaders who wield power within government, including by entering as contenders for leadership. This political engagement can function in highly nuanced ways within the same formal institutional context and across the political spectrum, from autocracies to democracies. Unhealthy political engagement, when leaders are selected and sanctioned on the basis of their provision of private benefits rather than public goods, gives rise to government failures. The solutions to these failures lie in fostering healthy political engagement within any institutional context, and not in circumventing or suppressing it. Transparency, which is citizen access to publicly available information about the actions of those in government, and the consequences of these actions, can play a crucial role by nourishing political engagement.

Teacher Reform in Indonesia

Teacher Reform in Indonesia
Author: Mae Chu Chang
Publisher: World Bank Publications
Total Pages: 259
Release: 2013-12-18
Genre: Business & Economics
ISBN: 0821399608

The book features an analysis of teacher reform in Indonesia, which entailed a doubling of teacher salaries upon certification. It describes the political economy context in which the reform was developed and implemented, and analyzes the impact of the reform on teacher knowledge, skills, and student outcomes.

Governance Capacity and Economic Reform in Developing Countries

Governance Capacity and Economic Reform in Developing Countries
Author: Leila L. Frischtak
Publisher: World Bank Publications
Total Pages: 56
Release: 1994-01-01
Genre: Business & Economics
ISBN: 9780821329627

The inability to coordinate diverging interests and to promote policies that represent the public interest is one of many non-economic obstacles to economic reform. This paper examines the relationship between governance capacity and economic reform. The

Economic reform in developing countries

Economic reform in developing countries
Author: Lyn Squire
Publisher: Edward Elgar Publishing
Total Pages: 413
Release: 2008-05-30
Genre: Business & Economics
ISBN: 1781007659

This book offers insights into the process of economic reform in developing countries. It is organized around three factors that are critical to the success of any reform. According to Nobel Laureate Amartya Sen, these key dimensions are Reach, Range, and Reason. 'Reach' refers to the ability of reform to be person-centered and evenhanded, reaching all individuals in society. 'Range' considers the institutional reforms and policy changes necessary to implement change and the possible ripple effects on other policies and populations. Finally, 'Reason' captures the importance of constantly asking why a particular reform has been selected.

The Politics of Economic Liberalization in Indonesia

The Politics of Economic Liberalization in Indonesia
Author: Andrew Rosser
Publisher: Routledge
Total Pages: 258
Release: 2013-07-04
Genre: Social Science
ISBN: 1136855866

This book examines the dynamics shaping the economic process of economic liberalisation in Indonesia since the mid-1980's. Much writing on the process of economic liberalisation in developing countries views economic liberalisation as the victory of economic rationality over political and social interests. In contrast, this book argues that economic liberalisation should not be understood in these terms, but rather in the way that political social interests shape processes of economic reform in both a positive and negative sense. Specifically, Rosser argues that economic liberalisation needs to be understood in terms of the extent to which economic crises shift the balance of power and influence within society away from coalitions opposed to reform and towards those in favour of reform. In the Indonesian context, the main coalitions that need to be examined in this respect are the politico-bureaucrats and the conglomerates who have generally opposed reform and mobile capitalists who have generally supported reform. Based on extensive original research, and providing much new material, the book considers the politics of economic policy-making in Indonesia in a range of sectors including the capital market, intellectual property law, the banking industry, and the trade and investment sectors. Analysing why the nature of economic policy in Indonesia has varied over time, this study argues that there is nothing inevitable about a transition to a fully-fledged liberal market order in Indonesia, and outlines possible future scenarios for the country's political economy.