The Political Economy of Reform Failure

The Political Economy of Reform Failure

by Mats Lundahl
     
 

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ISBN-10: 041536244X

ISBN-13: 9780415362443

Pub. Date: 08/24/2005

Publisher: Taylor & Francis

Economists have moved in recent years beyond analyzing the manner in which the macroeconomies of different countries function and prescribing appropriate policies for dealing with domestic and external imbalances. Increasingly, they have sought to understand the complex interaction between political and economic phenomena. This book considers issues of economic

Overview

Economists have moved in recent years beyond analyzing the manner in which the macroeconomies of different countries function and prescribing appropriate policies for dealing with domestic and external imbalances. Increasingly, they have sought to understand the complex interaction between political and economic phenomena. This book considers issues of economic reform in a broad range of settings:

* developed countries
* transition countries
* developing countries

Using country specific cases such as Uzbekistan, Burma and Haiti, it focuses on those territories which have encountered problems reforming, allowing the reader to gain an accurate understanding of the factors that inhibit the success of economic reform, the different context in which economic reform is attempted, and the different challenges that individual countries face.

An international team of contributors including Bo Södersten, Deepak Lal and Ron Findlay have been brought together to analyze these topical issues, making this an informative and thought-provoking book, of interest to those involved in the field of development studies.

Product Details

ISBN-13:
9780415362443
Publisher:
Taylor & Francis
Publication date:
08/24/2005
Series:
Routledge Studies in Development Economics Series
Pages:
362
Product dimensions:
6.00(w) x 9.00(h) x 0.94(d)

Related Subjects

Table of Contents

Notes on contributors xii

Acknowledgements xv

1 Introduction Mats Lundahl Michael L. Wyzan 1

Part I Developed countries 23

2 Stable growth with slow and expensive adjustments: an essay on the old OECD countries using Denmark as an example Martin Paldam 25

3 Reform failure and poor economic performance: the case of Sweden Bo Sodersten 49

4 The role of European integration in the reform process: the Greek experience Sarantis E.G. Lolos 70

5 The political economy of reform failure and macroeconomic mis-management: Turkey, 1980-2002 A. Erincç Yeldan Sabit Khakimzhanov 89

Part II Transition countries 115

6 On the political economy of transformation: reasons for success, causes of failure Jozef M. Van Brabant 117

7 A chequered history, political culture and conflict in Albanian economic reform Marta Muco Orjan Sjoberg 146

8 Bulgaria: macroeconomic and political-economic implications of stabilisation under a currency board arrangement Georgy Y. Ganev Michael L. Wyzan 170

9 The political-economy trap and economic reform in Russia Barry W. Ickes 197

10 Uzbekistan: economic reform and economic performance, 1991-9 Richard Pomfret 219

Part III Developing countries 239

11 Political economy of economic policy making in developing countries: an overview Deepak Lal 241

12 Burma: the pathology of economic decline and political repression Ronald Findlay 257

13 Haiti: nothing but crisis Mats Lundahl Rubén Silié 272

14 From restoring external solvency to managing the social deficit: Nicaraguan debt revisited Jaime Behar 302

15 The political economy of policy failure in Zambia Arne Bigsten Steve Kayizzi-Mu Gerwa 316

Index 336

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