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The Political Economy of Reform

Editor

Listed:
  • Federico Sturzenegger
    ()

    (Kennedy School of Government, Harvard University)

  • Mariano Tommasi
    ()

    (Universidad de San Andres)

Abstract

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 East European countries. They apply common standards of analytical rigor to the study of economic and political behavior, assuming political agents to be rational and forward-looking, with expectations consistent with the properties of the underlying model. The book is organized around three basic questions: first, why do reforms take place? Second, how are reforms implemented? And third, which candidates are most likely to undertake reform? Although most of the chapters deal with policy issues in developing economies, the findings also apply to areas such as social security and health care reform in industrialized countries.

Suggested Citation

  • Federico Sturzenegger & Mariano Tommasi (ed.), 1998. "The Political Economy of Reform," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262194007, March.
  • Handle: RePEc:mtp:titles:0262194007
    as

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    Citations

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    Cited by:

    1. Bela Greskovits, 1999. "Consolidating Economic Reforms: the Hungarian Experience with Lessons for Poland," CASE-CEU Working Papers 0031, CASE-Center for Social and Economic Research.
    2. Thomas D. Willett, 2007. "Why the Middle is Unstable: The Political Economy of Exchange Rate Regimes and Currency Crises," The World Economy, Wiley Blackwell, vol. 30(5), pages 709-732, May.
    3. Dolls, Mathias & Peichl, Andreas & Zimmermann, Klaus F., 2011. "A Challenge for the G20: Globally Stipulated Debt Brakes and Transnational Independent Fiscal Supervisory Councils," IZA Discussion Papers 6160, Institute for the Study of Labor (IZA).
    4. Randall S. Kroszner, 1999. "Is the Financial System Politically Independent? Perspectives on the Political Economy of Banking and Financial Regulation," CRSP working papers 492, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
    5. Alejandro Izquierdo & Ernesto Talvi & Guillermo A. Calvo, 2002. "Sudden Stops, the Real Exchange Rate and Fiscal Sustainability: Argentina's Lessons," Research Department Publications 4299, Inter-American Development Bank, Research Department.
    6. Chang, Roberto & Hevia, Constantino & Loayza, Norman, 2018. "Privatization And Nationalization Cycles," Macroeconomic Dynamics, Cambridge University Press, vol. 22(02), pages 331-361, March.
    7. M. Morrison , Kevin & Singer, Matthew M., 2006. "The Challenges of “Deliberative Development”: Bolivia’s Experience with a National Dialogue," Documentos de trabajo 5/2006, Instituto de Investigaciones Socio-Económicas (IISEC), Universidad Católica Boliviana.
    8. Kroszner, Randall S. & Laeven, Luc & Klingebiel, Daniela, 2007. "Banking crises, financial dependence, and growth," Journal of Financial Economics, Elsevier, vol. 84(1), pages 187-228, April.
    9. Randall S. Kroszner, 1999. "Is the Financial System Politically Independent? Perspectives on the Political Economy of Banking and Financial Regulation," University of Chicago - George G. Stigler Center for Study of Economy and State 151, Chicago - Center for Study of Economy and State.
    10. Randall S. Kroszner & Philip E. Strahan, 1999. "Bankers on Boards: Monitoring, Conflicts of Interest, and Lender Liability," NBER Working Papers 7319, National Bureau of Economic Research, Inc.
    11. Randall S. Kroszner & Philip E. Strahan, 2000. "Obstacles to Optimal Policy: The Interplay of Politics and Economics in Shaping Bank Supervision and Regulation Reforms," CRSP working papers 512, Center for Research in Security Prices, Graduate School of Business, University of Chicago.
    12. Guillermo A. Calvo, 2002. "Globalization Hazard and Delayed Reform in Emerging Markets," ECONOMIA JOURNAL, THE LATIN AMERICAN AND CARIBBEAN ECONOMIC ASSOCIATION - LACEA, vol. 0(Spring 20), pages 1-31, January.
    13. Brown, Jeffrey R. & Kroszner, Randall S. & Jenn, Brian H., 2002. "Federal Terrorism Risk Insurance," National Tax Journal, National Tax Association;National Tax Journal, vol. 55(3), pages 647-657, September.
    14. Randall S. Kroszner, 2000. "The supply of and demand for financial regulation : public and private competition around the globe : commentary," Proceedings - Economic Policy Symposium - Jackson Hole, Federal Reserve Bank of Kansas City, pages 137-149.
    15. Laeven, Luc & Klingebiel, Daniela & Kroszner, Randy, 2002. "Financial crises, financial dependence, and industry growth," Policy Research Working Paper Series 2855, The World Bank.
    16. Douglas A. Irwin & Randall S. Kroszner, 1997. "Interests, Institutions, and Ideology in the Republican Conversion to Trade Liberalization, 1934-1945," NBER Working Papers 6112, National Bureau of Economic Research, Inc.
    17. Graham Bird, 2008. "The implementation of IMF programs: A conceptual framework," The Review of International Organizations, Springer, vol. 3(1), pages 41-64, March.
    18. Carsten Helm & Michael Neugart, 2013. "Coalition Governments and Policy Reform with Asymmetric Information," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 169(3), pages 383-406, September.
    19. Mícheál O’Keeffe & Alessio Terzi, 2015. "The political economy of financial crisis policy," Working Papers 888, Bruegel.
    20. Eduardo Levy & Federico Sturzenegger, 2000. "Is EMU a Blueprint for Mercosur?," Latin American Journal of Economics-formerly Cuadernos de Economía, Instituto de Economía. Pontificia Universidad Católica de Chile., vol. 37(110), pages 63-99.

    More about this item

    Keywords

    reform; developing economies;

    JEL classification:

    • O20 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - General

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