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Culture and social resistance to reform: a theory about the endogeneity of public beliefs with an application to the case of Argentina

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Author Info
Sergio Pernice
Federico Sturzenegger

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Abstract

This paper attempts to understand the factors that explain the degree of support or criticism that a reform process may be subject to. Understanding these determinants is critical, in turn, to assess the feasibility and sustainability of those reforms. In particular, we want to assess what are the elements that create societal consensus for reform and which are the main factors that turn public opinion against it. In the case of Argentina, for example, such dynamics are critical to understand how public opinion imposed constraints on government behavior, affected macroeconomic performance, and ultimately, determined the chance of success of reforms.

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File URL: http://www.cema.edu.ar/publicaciones/download/documentos/275.pdf
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Publisher Info
Paper provided by Universidad del CEMA in its series CEMA Working Papers: Serie Documentos de Trabajo. with number 275.

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Date of creation: Oct 2004
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Handle: RePEc:cem:doctra:275

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  1. Eduardo Levy Yeyati & Ugo Panizza, 2006. "The Cost of Reserves," Business School Working Papers 2006-11, Universidad Torcuato Di Tella. [Downloadable!]
    Other versions:
  2. Eduardo Lora & Mauricio Olivera, 2005. "Repercusiones electorales del Consenso de Washington," RES Working Papers 4406, Inter-American Development Bank, Research Department. [Downloadable!]
  3. Eduardo Lora & Mauricio Olivera, 2005. "The Electoral Consequences of the Washington Consensus," RES Working Papers 4405, Inter-American Development Bank, Research Department. [Downloadable!]
  4. Ugo Panizza & Eduardo Levy Yeyati, 2006. "The Elusive Costs of Sovereign Defaults," RES Working Papers 4485, Inter-American Development Bank, Research Department. [Downloadable!]
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