The Politics of Market Reform in Fragile Democracies

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Author :
Publisher : Princeton University Press
ISBN 13 : 0691223432
Total Pages : 353 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis The Politics of Market Reform in Fragile Democracies by : Kurt Weyland

Download or read book The Politics of Market Reform in Fragile Democracies written by Kurt Weyland and published by Princeton University Press. This book was released on 2021-01-12 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes a powerful new approach to a question central to comparative politics and economics: Why do some leaders of fragile democracies attain political success--culminating in reelection victories--when pursuing drastic, painful economic reforms while others see their political careers implode? Kurt Weyland examines, in particular, the surprising willingness of presidents in four Latin American countries to enact daring reforms and the unexpected resultant popular support. He argues that only with the robust cognitive-psychological insights of prospect theory can one fully account for the twists and turns of politics and economic policy in Argentina, Brazil, Peru, and Venezuela during the 1980s and 1990s. Assessing conventional approaches such as rational choice, Weyland concludes that prospect theory is vital to any systematic attempt to understand the politics of market reform. Under this theory, if actors perceive themselves to be in a losing situation they are inclined toward risks; if they see a winning situation around them, they prefer caution. In Latin America, Weyland finds, where the public faced an open crisis it backed draconian reforms. And where such reforms yielded an apparent economic recovery, many citizens and their leaders perceived prospects of gains. Successful leaders thus won reelection and the new market model achieved political sustainability. Weyland concludes this accessible book by considering when his novel approach can be used to study crises generally and how it might be applied to a wider range of cases from Latin America, Africa, and Eastern Europe.

Democracy and the Market

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Publisher : Cambridge University Press
ISBN 13 : 9780521423359
Total Pages : 230 pages
Book Rating : 4.4/5 (233 download)

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Book Synopsis Democracy and the Market by : Adam Przeworski

Download or read book Democracy and the Market written by Adam Przeworski and published by Cambridge University Press. This book was released on 1991-07-26 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: The quest for freedom from hunger and repression has triggered in recent years a dramatic, worldwide reform of political and economic systems. Never have so many people enjoyed, or at least experimented with democratic institutions. However, many strategies for economic development in Eastern Europe and Latin America have failed with the result that entire economic systems on both continents are being transformed. This major book analyzes recent transitions to democracy and market-oriented economic reforms in Eastern Europe and Latin America. Drawing in a quite distinctive way on models derived from political philosophy, economics, and game theory, Professor Przeworski also considers specific data on individual countries. Among the questions raised by the book are: What should we expect from these experiments in democracy and market economy? What new economic systems will emerge? Will these transitions result in new democracies or old dictatorships?

Democratization and Market Reform in Developing and Transitional Countries

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Author :
Publisher : Routledge
ISBN 13 : 1135224927
Total Pages : 236 pages
Book Rating : 4.1/5 (352 download)

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Book Synopsis Democratization and Market Reform in Developing and Transitional Countries by : James G. McGann

Download or read book Democratization and Market Reform in Developing and Transitional Countries written by James G. McGann and published by Routledge. This book was released on 2010-01-04 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the pivotal role of think tanks in the democratization and economic reform movements by evaluating their overall effect on the transformation process in developing and transitional countries around the world. James G. McGann assesses twenty-three think tanks, located in nine countries and four regions of the world: Chile, Peru, Poland, Slovakia, South Africa, Botswana, the Philippines, Thailand, and Vietnam, that have most impacted political and economic transitions in their respective countries. The author examines the role they played in the process of democratization and market reform during the late 80s and 90s and identifies the importance of think tanks in these processes by evaluating their overall effect on the policymaking process. He argues in the early stages of a transition from an authoritarian regime to an open and democratic society the activities of think tanks are especially critical, and they have provided a civil society safety net to support these fragile democracies. This book will be of interest to students and scholars of political science, democratization, development, economic development and civil society.

Economic Reform and Democracy

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Author :
Publisher :
ISBN 13 :
Total Pages : 284 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Economic Reform and Democracy by : Larry Jay Diamond

Download or read book Economic Reform and Democracy written by Larry Jay Diamond and published by . This book was released on 1995 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: The emergence of new democracies in Eastern Europe has raised anew the question of the relationship between economic reform and political liberalization. This work brings together a group of authorities to examine this question as it relates to Latin America, Europe, Asia, and Africa.

State Crisis in Fragile Democracies

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Publisher : Cambridge University Press
ISBN 13 : 1108248128
Total Pages : 337 pages
Book Rating : 4.1/5 (82 download)

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Book Synopsis State Crisis in Fragile Democracies by : Samuel Handlin

Download or read book State Crisis in Fragile Democracies written by Samuel Handlin and published by Cambridge University Press. This book was released on 2017-07-26 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a novel political-institutional explanation for variation in political polarization, outsider populism, and the fate of democratic regimes across twenty-first-century South America. Drawing upon a wealth of primary evidence and employing process tracing tests to evaluate key causal claims, the book examines how the occurrence - or not - of state crises and the inherited strength of left wing political actors combined to push countries onto distinct party system trajectories characterized by different kinds of left parties and movements, highly variant levels of polarization, and ultimately divergent political regime dynamics. The book challenges extant interpretations of political variation during Latin America's turn to the left, which have centered on economic explanations. It also develops new theoretical propositions for understanding polarization, populism, and democratic erosion in young democracies across the world.

Public Opinion, Democracy, and Market Reform in Africa

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Publisher : Cambridge University Press
ISBN 13 : 9780521602914
Total Pages : 488 pages
Book Rating : 4.6/5 (29 download)

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Book Synopsis Public Opinion, Democracy, and Market Reform in Africa by : Michael Bratton

Download or read book Public Opinion, Democracy, and Market Reform in Africa written by Michael Bratton and published by Cambridge University Press. This book was released on 2005 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a groundbreaking exploration of public opinion in sub-Saharan Africa. Based on the Afrobarometer, a survey research project, it reveals what ordinary Africans think about democracy and market reforms, subjects on which almost nothing is otherwise known. The authors find that support for democracy in Africa is wide but shallow and that Afrcns feel trapped between state and market. While Africans are learning about reform on the basis of knowledge, reasoning, and experience, few countries are likely to attain full-fledged democracies and markets anytime soonn.

The Politics of Economic Reform in South Korea

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Author :
Publisher : Psychology Press
ISBN 13 : 9780415145039
Total Pages : 310 pages
Book Rating : 4.1/5 (45 download)

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Book Synopsis The Politics of Economic Reform in South Korea by : Tat Yan Kong

Download or read book The Politics of Economic Reform in South Korea written by Tat Yan Kong and published by Psychology Press. This book was released on 2000 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: Its analysis of the recent transition and uniquely systematic treatment of labour issues are a significant contribution to scholarship on the politics of development.

Bounded Rationality and Policy Diffusion

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Publisher : Princeton University Press
ISBN 13 : 1400828066
Total Pages : 313 pages
Book Rating : 4.4/5 (8 download)

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Book Synopsis Bounded Rationality and Policy Diffusion by : Kurt Weyland

Download or read book Bounded Rationality and Policy Diffusion written by Kurt Weyland and published by Princeton University Press. This book was released on 2009-02-09 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: Why do very different countries often emulate the same policy model? Two years after Ronald Reagan's income-tax simplification of 1986, Brazil adopted a similar reform even though it threatened to exacerbate income disparity and jeopardize state revenues. And Chile's pension privatization of the early 1980s has spread throughout Latin America and beyond even though many poor countries that have privatized their social security systems, including Bolivia and El Salvador, lack some of the preconditions necessary to do so successfully. In a major step beyond conventional rational-choice accounts of policy decision-making, this book demonstrates that bounded--not full--rationality drives the spread of innovations across countries. When seeking solutions to domestic problems, decision-makers often consider foreign models, sometimes promoted by development institutions like the World Bank. But, as Kurt Weyland argues, policymakers apply inferential shortcuts at the risk of distortions and biases. Through an in-depth analysis of pension and health reform in Bolivia, Brazil, Costa Rica, El Salvador, and Peru, Weyland demonstrates that decision-makers are captivated by neat, bold, cognitively available models. And rather than thoroughly assessing the costs and benefits of external models, they draw excessively firm conclusions from limited data and overextrapolate from spurts of success or failure. Indications of initial success can thus trigger an upsurge of policy diffusion.

The Political Economy of the Abe Government and Abenomics Reforms

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Publisher : Cambridge University Press
ISBN 13 : 1108843956
Total Pages : 573 pages
Book Rating : 4.1/5 (88 download)

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Book Synopsis The Political Economy of the Abe Government and Abenomics Reforms by : Takeo Hoshi

Download or read book The Political Economy of the Abe Government and Abenomics Reforms written by Takeo Hoshi and published by Cambridge University Press. This book was released on 2021-02-25 with total page 573 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the politics and economics of the Abe government and evaluates major policies, such as Abenomics policy reforms.

The Political Economy of Capital Market Reforms in Southeast Asia

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Author :
Publisher : Springer
ISBN 13 : 0230346464
Total Pages : 273 pages
Book Rating : 4.2/5 (33 download)

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Book Synopsis The Political Economy of Capital Market Reforms in Southeast Asia by : X. Zhang

Download or read book The Political Economy of Capital Market Reforms in Southeast Asia written by X. Zhang and published by Springer. This book was released on 2011-09-13 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this book, Xiaoke Zhang addresses two fundamental political and policy questions: why do politicians have heterogeneous incentives to pursue public-regarding policies through capital market reforms and why do they differ in their abilities to initiate and implement market reform policies decisively and resolutely?

How Democracies Die

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Publisher : Crown
ISBN 13 : 1524762946
Total Pages : 321 pages
Book Rating : 4.5/5 (247 download)

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Book Synopsis How Democracies Die by : Steven Levitsky

Download or read book How Democracies Die written by Steven Levitsky and published by Crown. This book was released on 2019-01-08 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: NEW YORK TIMES BESTSELLER • “Comprehensive, enlightening, and terrifyingly timely.”—The New York Times Book Review (Editors' Choice) WINNER OF THE GOLDSMITH BOOK PRIZE • SHORTLISTED FOR THE LIONEL GELBER PRIZE • NAMED ONE OF THE BEST BOOKS OF THE YEAR BY The Washington Post • Time • Foreign Affairs • WBUR • Paste Donald Trump’s presidency has raised a question that many of us never thought we’d be asking: Is our democracy in danger? Harvard professors Steven Levitsky and Daniel Ziblatt have spent more than twenty years studying the breakdown of democracies in Europe and Latin America, and they believe the answer is yes. Democracy no longer ends with a bang—in a revolution or military coup—but with a whimper: the slow, steady weakening of critical institutions, such as the judiciary and the press, and the gradual erosion of long-standing political norms. The good news is that there are several exit ramps on the road to authoritarianism. The bad news is that, by electing Trump, we have already passed the first one. Drawing on decades of research and a wide range of historical and global examples, from 1930s Europe to contemporary Hungary, Turkey, and Venezuela, to the American South during Jim Crow, Levitsky and Ziblatt show how democracies die—and how ours can be saved. Praise for How Democracies Die “What we desperately need is a sober, dispassionate look at the current state of affairs. Steven Levitsky and Daniel Ziblatt, two of the most respected scholars in the field of democracy studies, offer just that.”—The Washington Post “Where Levitsky and Ziblatt make their mark is in weaving together political science and historical analysis of both domestic and international democratic crises; in doing so, they expand the conversation beyond Trump and before him, to other countries and to the deep structure of American democracy and politics.”—Ezra Klein, Vox “If you only read one book for the rest of the year, read How Democracies Die. . . .This is not a book for just Democrats or Republicans. It is a book for all Americans. It is nonpartisan. It is fact based. It is deeply rooted in history. . . . The best commentary on our politics, no contest.”—Michael Morrell, former Acting Director of the Central Intelligence Agency (via Twitter) “A smart and deeply informed book about the ways in which democracy is being undermined in dozens of countries around the world, and in ways that are perfectly legal.”—Fareed Zakaria, CNN

State Crisis in Fragile Democracies

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Author :
Publisher : Cambridge University Press
ISBN 13 : 1108415423
Total Pages : 337 pages
Book Rating : 4.1/5 (84 download)

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Book Synopsis State Crisis in Fragile Democracies by : Samuel Handlin

Download or read book State Crisis in Fragile Democracies written by Samuel Handlin and published by Cambridge University Press. This book was released on 2017-07-26 with total page 337 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book develops a new political-institutional explanation of South America's 'two lefts' and the divergent fates of the region's democratic regimes.

Learning, Policy Making, and Market Reforms

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Publisher : Cambridge University Press
ISBN 13 : 052151696X
Total Pages : 289 pages
Book Rating : 4.5/5 (215 download)

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Book Synopsis Learning, Policy Making, and Market Reforms by : Covadonga Meseguer Yebra

Download or read book Learning, Policy Making, and Market Reforms written by Covadonga Meseguer Yebra and published by Cambridge University Press. This book was released on 2009-03-30 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1980s and 1990s, market reforms swept the world. It is widely believed that the reformist wave can be partly explained in terms of the lessons learned from policy failures of the past. Whereas this interpretation of events is well established, it has never been empirically proved. Learning and Market Reforms is the first study that tests the impact of policy learning on economic policy choices across time and space. The study supports the popular explanation that on average, governments around the world adopted privatization and trade liberalization, and sustained open capital accounts, as a result of learning from the experience of others.

The New Challenge to Market Democracies

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Publisher : Brookings Institution Press
ISBN 13 : 0815726635
Total Pages : 23 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis The New Challenge to Market Democracies by : William A. Galston

Download or read book The New Challenge to Market Democracies written by William A. Galston and published by Brookings Institution Press. This book was released on 2014-11-10 with total page 23 pages. Available in PDF, EPUB and Kindle. Book excerpt: William Galston explores the difficulties market democracies face in an era of diminished growth and a weakened middle class. Galston argues that if the West fails to address economic stagnation, other domestic and foreign policy issues will prove intractable.

The Politics of Market Discipline in Latin America

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Publisher : Cambridge University Press
ISBN 13 : 1316239950
Total Pages : 255 pages
Book Rating : 4.3/5 (162 download)

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Book Synopsis The Politics of Market Discipline in Latin America by : Daniela Campello

Download or read book The Politics of Market Discipline in Latin America written by Daniela Campello and published by Cambridge University Press. This book was released on 2015-04-16 with total page 255 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Politics of Market Discipline in Latin America uses a multi-method approach to challenge the conventional wisdom that financial markets impose broad and severe constraints over leftist economic policies in emerging market countries. It shows, rather, that in Latin America, this influence varies markedly among countries and over time, depending on cycles of currency booms and crises exogenous to policy making. Market discipline is strongest during periods of dollar scarcity, which, in low-savings commodity-exporting countries, occurs when commodity prices are high and international interest rates low. In periods of dollar abundance, when the opposite happens, the market's capacity to constrain leftist governments is very limited. Ultimately, Daniela Campello argues that financial integration should force the Left toward the center in economies less subject to these cycles, but not in those most vulnerable to them.

Argentine Democracy: The Politics of Institutional Weakness

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Author :
Publisher : Penn State Press
ISBN 13 : 9780271046341
Total Pages : 348 pages
Book Rating : 4.0/5 (463 download)

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Book Synopsis Argentine Democracy: The Politics of Institutional Weakness by :

Download or read book Argentine Democracy: The Politics of Institutional Weakness written by and published by Penn State Press. This book was released on 2005 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Development, Democracy, and Welfare States

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Publisher : Princeton University Press
ISBN 13 : 0691214158
Total Pages : 497 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis Development, Democracy, and Welfare States by : Stephan Haggard

Download or read book Development, Democracy, and Welfare States written by Stephan Haggard and published by Princeton University Press. This book was released on 2020-06-16 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first book to compare the distinctive welfare states of Latin America, East Asia, and Eastern Europe. Stephan Haggard and Robert Kaufman trace the historical origins of social policy in these regions to crucial political changes in the mid-twentieth century, and show how the legacies of these early choices are influencing welfare reform following democratization and globalization. After World War II, communist regimes in Eastern Europe adopted wide-ranging socialist entitlements while conservative dictatorships in East Asia sharply limited social security but invested in education. In Latin America, where welfare systems were instituted earlier, unequal social-security systems favored formal sector workers and the middle class. Haggard and Kaufman compare the different welfare paths of the countries in these regions following democratization and the move toward more open economies. Although these transformations generated pressure to reform existing welfare systems, economic performance and welfare legacies exerted a more profound influence. The authors show how exclusionary welfare systems and economic crisis in Latin America created incentives to adopt liberal social-policy reforms, while social entitlements from the communist era limited the scope of liberal reforms in the new democracies of Eastern Europe. In East Asia, high growth and permissive fiscal conditions provided opportunities to broaden social entitlements in the new democracies. This book highlights the importance of placing the contemporary effects of democratization and globalization into a broader historical context.