The political economy of macroeconomic policy reform in Latin America : the distributive and institutional context

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Title:

Author:

Wiesner Durán, Eduardo.

ISBN:

9781847205797

Personal Author:

Wiesner Durán, Eduardo.

Publication Information:

Cheltenham, UK ; Northampton, MA : Edward Elgar, c2008.

Physical Description:

xvii, 278 p. : ill. ; 25 cm.

Contents:

Overview : the current status and prospects of the reform process -- The political economy of macroeconomic policy making in Latin America -- Argentina : blinded by hindsight -- the economics and politics of learning -- Brazil : the market enhancing role of political economy factors -- Chile : the right mix of polices and institutions -- Colombia : fairness perception and the political tolerance for macroeconomic policy reform -- Costa Rica : the effectiveness of political economy compromise -- Peru : from macroeconomic volatility to credibility building.

Abstract:

This work blends together the interdependent issues of macroeconomic performance and volatility, equity and distributive justice, fiscal deficits and the redistributive effectiveness of social public expenditures, and the demand for the 'right' institutions and for policy reform in Latin America.

Subject Term:

Economic development -- Latin America.

Economics -- Latin America.

Geographic Term:

Latin America -- Economic conditions -- 21st century.

Latin America -- Economic policy.

Copies:

Available:*

Library	Material Type	Item Barcode	Shelf Number	Copy	Status
Searching... 1:IIEMSA	1:GEN-BOOK	33168025555257	339.5098 W651P 2008	1	Searching... Unknown

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Summary

Eduardo Wiesner's book makes an important contribution to the understanding of development by blending together the interdependent issues of (i) macroeconomic performance and volatility, (ii) equity and distributive justice, (iii) fiscal deficits and the redistributive effectiveness of social public expenditures, and (iv) the demand for the 'right' institutions and for policy reform in Latin America. It does this by examining recent macroeconomic crises from a political economy perspective, and finds that information is the critical algorithm that links together the demand for macroeconomic stability, macroeconomic performance and, ultimately, distributive justice.

This volume is geared toward those interested in the political economy of development and policy reform in general and in Latin America, including academics, policy makers, and the general reader.