IDEAS home Printed from https://ideas.repec.org/a/cje/issued/v30y1997i4p1234-47.html
   My bibliography  Save this article

Gradualism versus Big Bang: Speed and Sustainability of Reforms

Author

Listed:
  • Shang-Jin Wei

Abstract

A beneficial reform may be blocked by a majority if it is implemented by a big bang but the same reform may succeed with an optimally designed gradualist approach. A gradualist approach can sometimes split opposition force and is, in this sense, more politically sustainable. On the other hand, if both approaches are politically preferred to no reform, a big bang is often preferred to gradualism in terms of both political support as well as economic efficiency.

Suggested Citation

  • Shang-Jin Wei, 1997. "Gradualism versus Big Bang: Speed and Sustainability of Reforms," Canadian Journal of Economics, Canadian Economics Association, vol. 30(4), pages 1234-1247, November.
    • Handle: RePEc:cje:issued:v:30:y:1997:i:4:p:1234-47
    as

    Download full text from publisher

    File URL: http://links.jstor.org/sici?sici=0008-4085%28199711%2930%3A4b%3C1234%3AGVBBSA%3E2.0.CO%3B2-W
    Download Restriction: only available to JSTOR subscribers
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cje:issued:v:30:y:1997:i:4:p:1234-47. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Prof. Werner Antweiler (email available below). General contact details of provider: https://edirc.repec.org/data/ceaaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.