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The Politics of Economic Adjustment : International Constraints, Distributive Conflicts and the State - Stephan Haggard

The Politics of Economic Adjustment

International Constraints, Distributive Conflicts and the State

By: Stephan Haggard (Editor), Robert Kaufman (Editor)

Paperback

Published: 15th July 1992
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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.

"An impressive effort to summarize the political legacy of economic reform, and to clarify the elusive relationship between political transition and economic change. In its comparative breadth and theoretical depth, this volume has few peers in the contemporary literature in comparative political economy."--American Political Science Review

List of Figures and Tables
Contributors
Preface
Introduction: Institutions and Economic Adjustmentp. 3
International Constraints
International Influence on Economic Policy: Debt, Stabilization, and Structural Reformp. 41
External Influence, Conditionality, and the Politics of Adjustmentp. 89
The State and the Politics of Adjustment
The State as Problem and Solution: Predation, Embedded Autonomy, and Structural Changep. 139
The Heart of the Matter? Public Enterprise and the Adjustment Processp. 182
Distributive Politics
Poverty, Equity, and the Politics of Adjustmentp. 221
The Political Economy of Inflation and Stabilization in Middle-Income Countriesp. 270
Conclusion
Economic Adjustment and the Prospects for Democracyp. 319
Indexp. 351
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780691003948
ISBN-10: 0691003947
Series: Princeton Paperbacks
Audience: Tertiary; University or College
Format: Paperback
Language: English
Number Of Pages: 376
Published: 15th July 1992
Country of Publication: US
Dimensions (cm): 23.55 x 15.44  x 2.34
Weight (kg): 0.54