The Frailty of Economic Reforms: Political Logic and Constitutional Lessons
Why are efficiency-enhancing reforms often frail and subject to being undermined over time? Two theories are examined: public-choice theory, which explains this as the possible result of a need, from time to time, to wipe the slate clean in order to retain productivity in the distribution of favors to interest groups, and a theory which acknowledges that politicians may implement reforms for ideological reasons but still, as time passes, be influenced by the logic of the political and media systems to abandon their initial aspirations. In any case, the demise of reforms is partly a function of the constitutional setting: rules which encourage shortsightedness and easy satisfaction of interest-group agendas make it difficult for decision-makers to withstand pressure for legislative change. Avenues to mitigate these problems through constitutional reforms are explored.
|Date of creation:||01 Apr 2003|
|Date of revision:|
|Contact details of provider:|| Postal: The Ratio Institute, P.O. Box 5095, SE-102 42 Stockholm, Sweden|
Phone: 08-441 59 00
Fax: 08-441 59 29
Web page: http://www.ratio.se/
More information through EDIRC
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.:
- Brennan, Geoffrey & Buchanan, James, 1981. "The normative purpose of economic "science": Rediscovery of an eighteenth century method," International Review of Law and Economics, Elsevier, vol. 1(2), pages 155-166, December.
- Dougan, William R & Munger, Michael C, 1989. "The Rationality of Ideology," Journal of Law and Economics, University of Chicago Press, vol. 32(1), pages 119-42, April.
- Niclas Berggren, 1999. "A Preference-Utilitarian Foundation for the Generality Principle," Constitutional Political Economy, Springer, vol. 10(4), pages 339-353, November.
- Kau, James B & Rubin, Paul H, 1979. "Self-Interest, Ideology, and Logrolling in Congressional Voting," Journal of Law and Economics, University of Chicago Press, vol. 22(2), pages 365-84, October.
- Peltzman, Sam, 1984. "Constituent Interest and Congressional Voting," Journal of Law and Economics, University of Chicago Press, vol. 27(1), pages 181-210, April.
- Potters, J.J.M. & Sloof, R., 1996.
"Interest groups : A survey of empirical models that try to assess their influence,"
Other publications TiSEM
ff27d5d8-f584-4386-a1fc-5, Tilburg University, School of Economics and Management.
- Potters, Jan & Sloof, Randolph, 1996. "Interest groups: A survey of empirical models that try to assess their influence," European Journal of Political Economy, Elsevier, vol. 12(3), pages 403-442, November.
- Hettich, Walter & Winer, Stanley L, 1988. "Economic and Political Foundations of Tax Structure," American Economic Review, American Economic Association, vol. 78(4), pages 701-12, September.
- James M. Buchanan, 1954. "Social Choice, Democracy, and Free Markets," Journal of Political Economy, University of Chicago Press, vol. 62, pages 114.
- repec:cto:journl:v:20:y:2001:i:3:p:431-451 is not listed on IDEAS
- Blackburn, Keith & Christensen, Michael, 1989. "Monetary Policy and Policy Credibility: Theories and Evidence," Journal of Economic Literature, American Economic Association, vol. 27(1), pages 1-45, March.
- FRED S. McCHESNEY, 1988. "The Cinderella School Of Tax Reform: A Comment On Rabushka," Contemporary Economic Policy, Western Economic Association International, vol. 6(4), pages 65-69, October.
- Van Velthoven, Ben & Van Winden, Frans, 1991. "A Positive Model of Tax Reform," Public Choice, Springer, vol. 72(1), pages 61-86, October.
- Theodore Keeler, 1984. "Theories of regulation and the deregulation movement," Public Choice, Springer, vol. 44(1), pages 103-145, January.
- Rodrik, Dani, 1993. "The Positive Economics of Policy Reform," American Economic Review, American Economic Association, vol. 83(2), pages 356-61, May.
- Tollison, Robert D, 1982. "Rent Seeking: A Survey," Kyklos, Wiley Blackwell, vol. 35(4), pages 575-602.
- Xavier de Vanssay & Zane A. Spindler, 1994. "Is Tax Reform in the Public Interest? a Rent-Seeking Perspective," Public Finance Review, , vol. 22(1), pages 3-21, January.
- Thomas S. McCaleb, 1985. "Public Choice Perspectives on the Flat Tax Follies," Cato Journal, Cato Journal, Cato Institute, vol. 5(2), pages 613-628, Fall.
- Gary S. Becker, 1983. "A Theory of Competition Among Pressure Groups for Political Influence," The Quarterly Journal of Economics, Oxford University Press, vol. 98(3), pages 371-400.
- Buchanan, James M, 1987. "Tax Reform as Political Choice," Journal of Economic Perspectives, American Economic Association, vol. 1(1), pages 29-35, Summer.
- Richard E. Wagner, 1985. "Normative and Positive Foundations of Tax Reform," Cato Journal, Cato Journal, Cato Institute, vol. 5(2), pages 385-406, Fall.
- Klein, Daniel B., 1994. "If Government is so Villainous, How come Government Officials don't seem like Villains?," Economics and Philosophy, Cambridge University Press, vol. 10(01), pages 91-106, April.
- Zane Spindler & Michael Walker, 1988. "Canadian Tax Reform As Public Choice," Contemporary Economic Policy, Western Economic Association International, vol. 6(4), pages 70-84, October.
- Witt, Ulrich, 1992. "The Endogenous Public Choice Theorist," Public Choice, Springer, vol. 73(1), pages 117-29, January.
- Haggard, Stephan & Webb, Steven B, 1993. "What Do We Know about the Political Economy of Economic Policy Reform?," World Bank Research Observer, World Bank Group, vol. 8(2), pages 143-68, July.
When requesting a correction, please mention this item's handle: RePEc:hhs:ratioi:0001. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Martin Korpi)
If references are entirely missing, you can add them using this form.