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The Effects of Political Competition on the Feasibility of Economic Reform |
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Abstract:
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In contrast to standard models of reform which focus on economic rent preservation and informational asymmetries, this paper links political competition to feasibility of reform: In democratic regimes, successful implementation of reform generates asymmetric electoral gains, as voters reward the party associated with reform. This generates a tradeoff for competitors between supporting reform for the welfare benefits and blocking reform to prevent electoral losses. This paper presents a rational model to explain the slowdown of economic liberalization in Post-Soviet and Latin American countries such as Mexico, following the strong wave of political and economic liberalization of the 1990s. |
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parti (255), reform (255), 1 (255), u (181), e (164), 2 (148), kr (145), rich (144), cienci (135), r (131), elect (127), poor (125), h (101), p (101), block (92), voter (91), support (81), polit (77), high (74), kp (74), econom (74), |
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Association:
Name: BALAS Annual Conference URL: http://http://www.balas.org/
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Citation:
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MLA Citation:
| Pinto, David. "The Effects of Political Competition on the Feasibility of Economic Reform" Paper presented at the annual meeting of the BALAS Annual Conference, ITESM, Guadalajara, Mexico, Apr 01, 2009 <Not Available>. 2013-05-05 <http://citation.allacademic.com/meta/p296836_index.html> |
APA Citation:
| Pinto, D. , 2009-04-01 "The Effects of Political Competition on the Feasibility of Economic Reform" Paper presented at the annual meeting of the BALAS Annual Conference, ITESM, Guadalajara, Mexico Online <APPLICATION/PDF>. 2013-05-05 from http://citation.allacademic.com/meta/p296836_index.html |
Publication Type: Conference Paper/Unpublished Manuscript Review Method: Peer Reviewed Abstract: In contrast to standard models of reform which focus on economic rent preservation and informational asymmetries, this paper links political competition to feasibility of reform: In democratic regimes, successful implementation of reform generates asymmetric electoral gains, as voters reward the party associated with reform. This generates a tradeoff for competitors between supporting reform for the welfare benefits and blocking reform to prevent electoral losses. This paper presents a rational model to explain the slowdown of economic liberalization in Post-Soviet and Latin American countries such as Mexico, following the strong wave of political and economic liberalization of the 1990s. |
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