Economic Reforms in New Democracies: A Social-Democratic Approach / Edition 1

Economic Reforms in New Democracies: A Social-Democratic Approach / Edition 1

by Luiz Carlos Bresser Pereira
     
 

ISBN-10: 0521438454

ISBN-13: 9780521438452

Pub. Date: 04/28/1993

Publisher: Cambridge University Press

This assessment of the exeriences of political transition in Southern Europe, Latin America and Eastern Europe implies that the most sucessful reforms have been those resolved through democratic negotiation as opposed to the big bang approach.  See more details below

Overview

This assessment of the exeriences of political transition in Southern Europe, Latin America and Eastern Europe implies that the most sucessful reforms have been those resolved through democratic negotiation as opposed to the big bang approach.

Product Details

ISBN-13:
9780521438452
Publisher:
Cambridge University Press
Publication date:
04/28/1993
Edition description:
New Edition
Pages:
237
Product dimensions:
6.14(w) x 9.21(h) x 0.55(d)

Table of Contents

Introduction1
Notes11
References12
1Economic reforms and economic growth: efficiency and politics in Latin America15
Neo-liberal or pragmatic approach?18
The Washington approach18
The fiscal-crisis, or pragmatic, approach20
The fiscal crisis in Latin America26
Origins of the fiscal crisis27
"Market-oriented" reforms30
The appropriate reforms33
Country studies36
Chile and Colombia37
Bolivia39
Mexico40
Venezuela42
Peru43
Argentina44
Brazil47
Frontal attack versus confidence building50
The politics of economic reform in Latin America53
Populism53
Democracy and reforms55
Efficiency of reforms57
Transitional costs and consensus59
2Politics and policy: economic reforms in Southern Europe77
Economic development, crisis, and conflict: the background to political transitions80
The first stage of democracy: the primacy of politics84
The second stage of democracy: the launching of economic and social reforms92
The effects of reforms: the balance between economic efficiency and social fairness105
The path of reforms: dilemmas, decisions, and implementation113
3Economic reforms, public opinion, and political institutions: Poland in the Eastern European perspective132
Background: the choice of strategies134
What made reforms necessary?134
Goals of reforms141
The reform program143
Why was the particular strategy chosen?147
Economic effects of reforms151
The dynamics of public opinion158
The evolution of public opinion158
Economic dynamics and public opinion159
The feedback from public opinion to reforms166
Economic reforms and democratic institutions170
Public confidence in institutions170
Economic dynamics and confidence in institutions173
Policy style and democratic institutions175
Conclusions180
Why is unemployment so important politically?180
Policy style and policy outcomes182
Conclusions199
Author index221
Subject index224

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