The Politics of Economic Adjustment: International Constraints, Distributive Conflicts and the State / Edition 1

The Politics of Economic Adjustment: International Constraints, Distributive Conflicts and the State / Edition 1

ISBN-10:
0691003947
ISBN-13:
9780691003948
Pub. Date:
06/25/1992
Publisher:
Princeton University Press

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Overview

The Politics of Economic Adjustment: International Constraints, Distributive Conflicts and the State / Edition 1

In the 1980s some developing countries adopted orthodox market-oriented policies in response to international economic crises, others experimented with alternative programs, and still others failed to develop coherent adjustment strategies of any sort. Building on the case studies in Economic Crisis and Policy Choice, these essays offer comparative analysis of these divergent experiences with macroeconomic stabilization and structural adjustment. Barbara Stallings and Miles Kahler explore the external pressures on governments. Peter Evans and John Waterbury examine the role of the state in the adjustment process, Evans through the lens of earlier historical experience with economic restructuring, Waterbury by focusing on the politics of privatization. Joan Nelson analyzes the politics of income distribution in the adjustment process, and Haggard and Kaufman investigate the political correlates of inflation and stabilization. A final essay assesses the prospects for combining market-oriented reforms with political democratization.

Product Details

ISBN-13: 9780691003948
Publisher: Princeton University Press
Publication date: 06/25/1992
Edition description: New Edition
Pages: 376
Product dimensions: 6.00(w) x 9.25(h) x 0.92(d)

Table of Contents

List of Figures and Tables

Contributors

Preface

Introduction: Institutions and Economic Adjustment 3

Pt. I International Constraints

Ch. 1 International Influence on Economic Policy: Debt, Stabilization, and Structural Reform 41

Ch. 2 External Influence, Conditionality, and the Politics of Adjustment 89

Pt. II The State and the Politics of Adjustment

Ch. 3 The State as Problem and Solution: Predation, Embedded Autonomy, and Structural Change 139

Ch. 4 The Heart of the Matter? Public Enterprise and the Adjustment Process 182

Pt. III Distributive Politics

Ch. 5 Poverty, Equity, and the Politics of Adjustment 221

Ch. 6 The Political Economy of Inflation and Stabilization in Middle-Income Countries 270

Pt. IV Conclusion

Ch. 7 Economic Adjustment and the Prospects for Democracy 319

Index 351

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