Voting for Reform: Democracy, Political Liberalization, and Economic Adjustment

Paperback | February 1, 1991

EditorStephan Haggard, Steven B. Webb

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Can a developing country balance a stable democracy with a well-functioning market economy? This question is addressed in this book by showing how political reforms influence the efforts of governments to initiate and sustain economic reforms. The case studies used focus on monetary and fiscalcontrols, and trade and exchange rate mechanisms. In contrast to many analyses, the studies consider these policies not only as functions of their intended economic effects, but also as outcomes of interactions among politicians, bureaucrats, and interest groups. The studies also examine theevolving institutional context in each country. The book explains how conflicts between pluralist politics and growth-promoting policies can be resolved, and it shows why adjustment is not complete until the public has voted for reform.

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Can a developing country balance a stable democracy with a well-functioning market economy? This question is addressed in this book by showing how political reforms influence the efforts of governments to initiate and sustain economic reforms. The case studies used focus on monetary and fiscalcontrols, and trade and exchange rate mecha...

Stephan Haggard is at University of California, San Diego. Steven B. Webb is at World Bank.

other books by Stephan Haggard

Dictators and Democrats: Masses, Elites, and Regime Change
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see all books by Stephan Haggard
Format:PaperbackDimensions:536 pages, 9.17 × 6.1 × 1.1 inPublished:February 1, 1991Publisher:Oxford University Press

The following ISBNs are associated with this title:

ISBN - 10:0195209877

ISBN - 13:9780195209877

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"...They offer a wealth of empirical data that should be of interest to anyone engaged in building theory about transitions to democracy and the market economy."--Comparative Politics