1st Edition

The Political Economy of Reform Failure

Edited By Mats Lundahl Copyright 2005
    360 Pages 23 B/W Illustrations
    by Routledge

    362 Pages 23 B/W Illustrations
    by Routledge

    Economists have moved in recent years beyond analyzing the manner in which the macroeconomies of different countries function and prescribing appropriate policies for dealing with domestic and external imbalances. Increasingly, they have sought to understand the complex interaction between political and economic phenomena. This book considers issues of economic reform in a broad range of settings:

    * developed countries
    * transition countries
    * developing countries

    Using country specific cases such as Uzbekistan, Burma and Haiti, it focuses on those territories which have encountered problems reforming, allowing the reader to gain an accurate understanding of the factors that inhibit the success of economic reform, the different context in which economic reform is attempted, and the different challenges that individual countries face.

    An international team of contributors including Bo Södersten, Deepak Lal and Ron Findlay have been brought together to analyze these topical issues, making this an informative and thought-provoking book, of interest to those involved in the field of development studies.

    List of figures List of Tables Notes on the contributors Preface 1. INTRODUCTION Mats Lundahl and Michael L. Wyzan Part I Developed Countries 2. STABLE GROWTH WITH SLOW AND EXPENSIVE ADJUSTMENTS: AN ESSAY ON THE OLD OECD COUNTRIES USING DENMARK AS AN EXAMPLE Martin Paldam 3. REFORM FAILURE AND POOR ECONOMIC PERFORMANCE: THE CASE OF SWEDEN Bo Södersten 4. THE ROLE OF EUROPEAN INTEGRATION IN THE REFORM PROCESS: THE GREEK EXPERIENCE Sarantis E.G. Lolos 5. THE POLITICAL ECONOMY OF REFORM FAILURE AND MACROECONOMIC MIS-MANAGEMENT: TURKEY, 1980-2002 A. Erinç Yeldan and Sabit Khakimzhanov Part II Transition Countries 6. ON THE POLITICAL ECONOMY OF TRANSFORMATION – REASONS FOR SUCCESS, CAUSES OF FAILURE Jozef M. van Brabant 7. A CHEQUERED HISTORY: POLITICAL CULTURE AND CONFLICT IN ALBANIAN ECONOMIC REFORM Marta Muço and Örjan Sjöberg 8. BULGARIA: MACROECONOMIC AND POLITICAL-ECONOMIC IMPLICATIONS OF STABILIZATION UNDER A CURRENCY BOARD ARRANGEMENT Georgy Y. Ganev and Michael L. Wyzan 9. NOTES FOR A PAPER ON THE POLITICAL ECONOMY TRAP AND ECONOMIC REFORM IN RUSSIA Barry W. Ickes 10. UZBEKISTAN: ECONOMIC REFORM AND ECONOMIC PERFORMANCE 1991-99 Richard Pomfret Part III Developing Countries 11. POLITICAL ECONOMY OF ECONOMIC POLICY MAKING IN DEVELOPING COUNTRIES: AN OVERVIEW Deepak Lal 12. BURMA: THE PATHOLOGY OF ECONOMIC DECLINE AND POLITICAL REPRESSION Ronald Findlay 13. HAITI: NOTHING BUT CRISIS Mats Lundahl and Rubén Silié 14. FROM RESTORING EXTERNAL SOLVENCY TO MANAGING THE SOCIAL DEFICIT: NICARAGUAN DEBT REVISITED Jaime Behar 15. THE POLITICAL ECONOMY OF POLICY FAILURE IN ZAMBIA Arne Bigsten and Steve Kayizzi-Mugerwa Index

    Biography

    Edited by Mats Lundhal