Voting for Reform: Democracy, Political Liberalization, and Economic Adjustment (World Bank Publication) - Softcover

Softcover

ISBN 10: 0195209877 ISBN 13: 9780195209877

Publisher: Oxford University Press, U.S.A., 1994

Synopsis

Can a developing country balance a stable democracy with a well-functioning market economy? This question is addressed in this book by showing how political reforms influence the efforts of governments to initiate and sustain economic reforms. The case studies used focus on monetary and fiscal controls, and trade and exchange rate mechanisms. In contrast to many analyses, the studies consider these policies not only as functions of their intended economic effects, but also as outcomes of interactions among politicians, bureaucrats, and interest groups. The studies also examine the evolving institutional context in each country. The book explains how conflicts between pluralist politics and growth-promoting policies can be resolved, and it shows why adjustment is not complete until the public has voted for reform.

About this title

Review

This excellent collection of 11 thought-provoking essays explores the crucial link between political and economic reforms....Strongly recommended as reference and source materials to upper-division undergraduate and graduate students as well as to policy makers. (Choice)

Synopsis

Can a developing country balance a stable democracy with a well-functioning market economy? THis question is addressed in this book by showing how political reforms influence the efforts of governments to initiate and sustain economic reforms. THe case studies used focus on two clusters of policies: monetary and fiscal controls, and trade and exhcange rate mechanims. In contrast to many analyses, the studies consider these policies not only as fuctions of their intended economc effects but also as outcomes of interactions among politicians, bureaucreats, an interest groups. The studies also examine the evolving institutional context in each country. The book explains how conflicts between pluralist politics and growth-promoting policies can be resolved, and it shows why adjustment is not complete until the public has voted for reform.

Edition details

• Publisher: Oxford University Press, U.S.A.
• Publication date: 1994
• Language: English
• ISBN 10: 0195209877
• ISBN 13: 9780195209877
• Binding: Paperback
• Number of pages: 540
• Editor: Haggard Stephan