Economic Reforms in New Democracies

A Social-Democratic Approach

By: Luiz Carlos Bresser Pereira, Pereira

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Paperback | 30 August 1993

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240 Pages

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In this book the authors assess the experiences of transition in Southern Europe, Latin America and Eastern Europe in order to determine what the conditions for successful transitions are. They argue against the "big bang" approach, espoused by many advisors to reforming countries, on the grounds that this approach bypasses the newly formed institutions of democracy that ultimately may undermine the necessary consensus to support painful economic reforms. The most successful reforms, they argue, have been those agreed upon through a process of democratic negotiation. A new democracy must offer politically important groups incentives to process their demands within the democratic institutional framework; otherwise, their support will be tenuous and the system may collapse under the strains incurred by painful economic reforms.

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"Powerful and poignant, this book invites readers to abandon their old theories and set out on a new path." Kathleen C. Schwartzman, Contemporary Sociology

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Non-Fiction Politics & Government Political Structure & Processes Political Structures & Democracy Economics Political Economy History Regional & National History European History Constitution & The Government & The State Comparative Politics

Introduction	p. 1
Notes	p. 11
References	p. 12
Economic reforms and economic growth: efficiency and politics in Latin America	p. 15
Introduction	p. 15
Neo-liberal or pragmatic approach?	p. 18
The Washington approach	p. 18
The fiscal-crisis, or pragmatic, approach	p. 20
The fiscal crisis in Latin America	p. 26
Origins of the fiscal crisis	p. 27
"Market-oriented" reforms	p. 30
The appropriate reforms	p. 33
Country studies	p. 36
Introduction	p. 36
Chile and Colombia	p. 37
Bolivia	p. 39
Mexico	p. 40
Venezuela	p. 42
Peru	p. 43
Argentina	p. 44
Brazil	p. 47
Frontal attack versus confidence building	p. 50
The politics of economic reform in Latin America	p. 53
Populism	p. 53
Democracy and reforms	p. 55
Efficiency of reforms	p. 57
Transitional costs and consensus	p. 59
Conclusion	p. 62
Notes	p. 65
References	p. 70
Politics and policy: economic reforms in Southern Europe	p. 77
Economic development, crisis, and conflict: the background to political transitions	p. 80
The first stage of democracy: the primacy of politics	p. 84
The second stage of democracy: the launching of economic and social reforms	p. 92
The effects of reforms: the balance between economic efficiency and social fairness	p. 105
The path of reforms: dilemmas, decisions, and implementation	p. 113
Conclusions	p. 122
Notes	p. 124
Economic reforms, public opinion, and political institutions: Poland in the Eastern European perspective	p. 132
Introduction	p. 132
Background: the choice of strategies	p. 134
What made reforms necessary?	p. 134
Goals of reforms	p. 141
The reform program	p. 143
Why was the particular strategy chosen?	p. 147
Economic effects of reforms	p. 151
The dynamics of public opinion	p. 158
The evolution of public opinion	p. 158
Economic dynamics and public opinion	p. 159
The feedback from public opinion to reforms	p. 166
Economic reforms and democratic institutions	p. 170
Public confidence in institutions	p. 170
Economic dynamics and confidence in institutions	p. 173
Policy style and democratic institutions	p. 175
Conclusions	p. 180
Why is unemployment so important politically?	p. 180
Policy style and policy outcomes	p. 182
Notes	p. 185
References	p. 196
Conclusions	p. 199
Notes	p. 216
References	p. 219
Author index	p. 221
Subject index	p. 224
Table of Contents provided by Syndetics. All Rights Reserved.

Economic Reforms in New Democracies

A Social-Democratic Approach

At a Glance

Paperback

Industry Reviews

Shipping

How to return your order

Defective items

You Can Find This Book In

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