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The Politics of Economic Adjustment

International Constraints, Distributive Conflicts and the State

Robert R. Kaufman (Hrsg.), Stephan Haggard (Hrsg.)

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Princeton University Press img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Politikwissenschaft

Beschreibung

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.

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Schlagwörter

Politics, Developing country, Profit (economics), New political economy, Monetary policy, Market (economics), Economic policy, International Monetary Fund, Economic problem, Price controls, Private sector, Authoritarianism, Privatization, Structural adjustment, Liberalization, Behavioral economics, Subsidy, Keynesian economics, Developed country, Economic liberalisation in India, Economic cost, Economic liberalism, National Bureau of Economic Research, Creditor, Debt crisis, Fiscal policy, Inflation, Fiscal adjustment, Macroeconomics, New Economic Policy, Economic liberalization, Real versus nominal value (economics), Conditionality, Economic development, Economic indicator, Party system, External debt, Developmental state, Industrialisation, Competition (economics), Economic integration, Recession, Exchange rate, Trade credit, Economics, Third World, Democracy, World Bank, Incomes policy, Consumption (economics), Tax reform, Supply (economics), Import Substitution Industrialization, Economic planning, World Bank Group, Economic power, IFI, Capitalism, Economic history, World economy, Political economy, Public sector, Latin America, Economic forces, International economics, Market economy, Financial crisis, State-owned enterprise, Economy, Economic interventionism