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Institutional Reforms : The Case of Colombia - Alberto Alesina

Institutional Reforms

The Case of Colombia

By: Alberto Alesina (Editor)

Paperback

Published: 1st February 2005
For Ages: 18+ years old
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These studies of Colombian economic, political, and social institutions offer not only theoretically grounded analyses but also practical recommendations for policy reform. Experts from the United States, Europe, and Colombia approach such problems as executive-legislative branch conflict, fragmented political parties, crime prevention, inefficient decentralization, and mistargeted social spending from a political economics perspective. Their findings provide an illuminating example of the way ideas from this relatively new area of research can be applied to real-world problems.Colombia suffers not only from institutional problems -- many of which may stem from its overly rigid 1991 constitution -- but also high rates of violent crime, endemic drug trafficking, guerrilla warfare, and political corruption; the authors do not shrink from these topics, but treat them for the most part from an institutional perspective. Following a useful overview of recent economic history in Colombia, three chapters examine political institutions, discussing separation of powers, Colombia's complicated electoral and political party system, and reform of the judicial system. The remaining chapters treat economic and social institutions, covering the fiscal imbalance of centralized taxing and decentralized spending, transparent and fiscally responsible budget processes, education reform, the provision of social services, and the advantages of an independent central bank. Each chapter includes specific policy proposals that are politically feasible and require minimal legislative action. The proposed solutions to Colombia's institutional problems also shed light on similar problems in other developing countries.

"In Institutional Reforms, Alberto Alesina has asked many of the brightest minds working in the fields of political economics and institutions to train their sights on Colombia. The result is a thoughtful, provocative book that should be widely read by researchers and practitioners. Lessons learned in Colombia will carry broadly to many parts of the developing world." Anne Case, Professor of Economics and Public Affairs, Princeton University "In *Institutional Reforms*, Alberto Alesina has asked many of the brightest minds working in the fields of political economics and institutions to train their sights on Colombia. The result is a thoughtful, provocative book that should be widely read by researchers and practitioners. Lessons learned in Colombia will carry broadly to many parts of the developing world."--Anne Case, Professor of Economics and Public Affairs, Princeton University

ISBN: 9780262511827
ISBN-10: 0262511827
Series: The MIT Press
Audience: Professional
For Ages: 18+ years old
Format: Paperback
Language: English
Number Of Pages: 420
Published: 1st February 2005
Publisher: MIT Press Ltd
Country of Publication: US
Dimensions (cm): 22.9 x 15.2  x 1.9
Weight (kg): 0.52
Edition Number: 22