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Understanding reform. The Uruguayan case

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Author Info
Alvaro Forteza () (Departmento de Economía, Facultad de Ciencias Sociales, Universidad de la República)
Daniel Buquet () (Instituto de Ciencia Política, Facultad de Ciencias Sociales, Universidad de la República)
Mario Ibarburu () (Departmento de Economía, Facultad de Ciencias Sociales, Universidad de la República)
Jorge Lanzaro () (Instituto de Ciencia Política, Facultad de Ciencias Sociales, Universidad de la República)
Andrés Pereyra () (Departmento de Economía, Facultad de Ciencias Sociales, Universidad de la República)
Eduardo Siandra () (Departmento de Economía, Facultad de Ciencias Sociales, Universidad de la República)
Marcel Vaillant () (Departmento de Economía, Facultad de Ciencias Sociales, Universidad de la República)

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Abstract

This paper analyzes the structural reform process that has been taking place in Uruguay since the return to democracy in 1985. Three main questions oriented the research: why reform? what kind of reform? and, how well did the reform perform? The main focus is on the pro-market reforms as they have been summarized in the so-called Washington Consensus, but the paper also deals with political reform and the consolidation of democracy. The general goal is to understand reform in a broad economic and political sense. The study is not just aimed at assessing the reforms implemented, but rather to understand why the market-friendly reforms moved faster in some areas than in others, who promoted and who opposed reform, how the political process shaped the reform, and how well the reform performed. This paper is part of the Global Development Network's research program named "Understanding Reform", which aims at improving our understanding of the recent reform experience by performing simultaneous and coordinated in-depth country-case studies.

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Paper provided by Department of Economics - dECON in its series Documentos de Trabajo (working papers) with number 0603.

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Length: 49 pages
Date of creation: Oct 2003
Date of revision:
Handle: RePEc:ude:wpaper:0603

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Rafael LaPorta & Florencio Lopez de-Silanes & Andrei Shleifer & Robert W. Vishny, 1996. "Law and Finance," Harvard Institute of Economic Research Working Papers 1768, Harvard - Institute of Economic Research.
    Other versions:
    • Rafael La Porta & Florencio Lopez-de-Silane & Andrei Shleifer & Robert W. Vishny, 1996. "Law and Finance," NBER Working Papers 5661, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    • Rafael La Porta & Florencio Lopez-de-Silanes & Andrei Shleifer & Robert W. Vishny, 1998. "Law and Finance," Journal of Political Economy, University of Chicago Press, vol. 106(6), pages 1113-1155, December. [Downloadable!] (restricted)
  2. Rafael LaPorta & Florencio Lopez de-Silanes & Andrei Shleifer & Robert W. Vishny, 1997. "Legal Determinants of External Finance," Harvard Institute of Economic Research Working Papers 1788, Harvard - Institute of Economic Research.
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  3. Levine, Ross & Zervos, Sara, 1998. "Stock Markets, Banks, and Economic Growth," American Economic Review, American Economic Association, vol. 88(3), pages 537-58, June. [Downloadable!] (restricted)
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  4. Eduardo Lora, 2001. "Structural reforms in Latin America: What has been reformed and how to measure it?," RES Working Papers 4287, Inter-American Development Bank, Research Department. [Downloadable!]
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  5. Anna Caristo & Alvaro Forteza, 2003. "El déficit del Banco de Previsión Social y su impacto en las finanzas del gobierno uruguayo," Documentos de Trabajo (working papers) 0703, Department of Economics - dECON. [Downloadable!]
  6. Rodrik, Dani, 1991. "Policy uncertainty and private investment in developing countries," Journal of Development Economics, Elsevier, vol. 36(2), pages 229-242, October. [Downloadable!] (restricted)
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  7. Eduardo Lora & Mauricio Olivera, 2004. "What makes reforms likely: Political economy determinants of reforms in Latin America," Journal of Applied Economics, Universidad del CEMA, vol. 0, pages 99-135, May. [Downloadable!]
  8. Corbo, Vittorio & de Melo, Jaime, 1987. "Lessons from the Southern Cone Policy Reforms," World Bank Research Observer, Oxford University Press, vol. 2(2), pages 111-42, July.
  9. Rafael La Porta & Florencio Lopez-de-Silane & Andrei Shleifer, 2003. "What Works in Securities Law?," NBER Working Papers 9882, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  10. Orphanides, Athanasios, 1996. "The timing of stabilizations," Journal of Economic Dynamics and Control, Elsevier, vol. 20(1-3), pages 257-279. [Downloadable!] (restricted)
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  11. Forteza, Alvaro & Rama, Martin, 2001. "Labor market"rigidity"and the success of economic reforms across more than one hundred countries," Policy Research Working Paper Series 2521, The World Bank. [Downloadable!]
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  12. Dani Rodrik, 1996. "Understanding Economic Policy Reform," Journal of Economic Literature, American Economic Association, vol. 34(1), pages 9-41, March. [Downloadable!] (restricted)
  13. Rajapatirana, Sarath, 1995. "Post trade liberalization policy and institutional challenges in Latin America and the Caribbean," Policy Research Working Paper Series 1465, The World Bank. [Downloadable!]
  14. Allan Drazen & William Easterly, 2001. "Do Crises Induce Reform? Simple Empirical Tests of Conventional Wisdom," Economics and Politics, Blackwell Publishing, vol. 13(2), pages 129-157, 07. [Downloadable!] (restricted)
  15. Shatz, Howard J. & Tarr, David G., 2000. "Exchange rate overvaluation and trade protection - lessons from experience," Policy Research Working Paper Series 2289, The World Bank. [Downloadable!]
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  17. Eduardo Lora, 1997. "Una década de reformas estructurales en América Latina: ¿Qué se ha reformado y cómo cuantificarlo?," RES Working Papers 4075, Inter-American Development Bank, Research Department. [Downloadable!]
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  19. Sarath Rajapitarana, 1995. "Post Trade Liberalization Policy and Institutional Challenges in Latin America and the Caribbean," Reports _014, World Bank Latin America and the Caribean Region Department. [Downloadable!]
  20. Grossman, Gene M & Helpman, Elhanan, 1995. "The Politics of Free-Trade Agreements," American Economic Review, American Economic Association, vol. 85(4), pages 667-90, September. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Carlos Casacuberta & Ianina Rossi & Máximo Rossi, 2003. "El arte y el éxito: un matrimonio incómodo," Documentos de Trabajo (working papers) 0303, Department of Economics - dECON. [Downloadable!]
    Other versions:
  2. Andrés Pereyra, 2003. "Competencia en telefonía móvil en Uruguay: diseño de subastas, contratos y marco institucional," Documentos de Trabajo (working papers) 0103, Department of Economics - dECON. [Downloadable!]
  3. Cecilia González & Máximo Rossi, 2003. "Participación femenina en el mercado de trabajo: efectos sobre la distribución del ingreso en el Uruguay," Documentos de Trabajo (working papers) 1203, Department of Economics - dECON. [Downloadable!]
    Other versions:
  4. Marisa Bucheli & Máximo Rossi, 2003. "El grado de conformidad con la vida: evidencia para las mujeres del Gran Montevideo," Documentos de Trabajo (working papers) 1003, Department of Economics - dECON. [Downloadable!]
  5. Eduardo Siandra, 2005. "Uruguay Capital Market: Law-in-the-books or Law-in-action?," Documentos de Trabajo (working papers) 0205, Department of Economics - dECON. [Downloadable!]
  6. Federico Echenique & Alejandro Manelli, 2003. "Comparative Statics, English Auctions and the Stolper-Samuelson Theorem," Documentos de Trabajo (working papers) 0503, Department of Economics - dECON. [Downloadable!]
    Other versions:
  7. Alvaro Forteza & Anna Caristo & Natalia Ferreira-Coimbra & Ianina Rossi, 2004. "Pay-Roll Contribution Financed Social Protection Programs in Uruguay," Documentos de Trabajo (working papers) 0305, Department of Economics - dECON. [Downloadable!]
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