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Political Credibility+economic Development

Product Image: Political Credibility+economic Development

Political Credibility+economic Development

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Description
Why have the economies of some developing countries fallen back while others have advanced? Why have so many stabilization and structural adjustment programs failed to deliver growth dividends? This book shows that there is a common and valid answer: political credibility defined as the predictability of the institutional rules of the game. This case is not only argued theoretically but also found to be confirmed by empirical analysis. Ten case studies pitting Latin American countries against Southeast Asian ones reveal the sources of political credibility. Economic openness is the necessary precondition, long-term reputation or democratic participation the sufficient one. Despite the seemingly superior strength of authoritarian reputation democratic control is the more successful road.
Product details
Edition:
1
Number of Pages:
216
Release Date:
1995-06-21
Publication Date:
1995-06-21
Publisher:
Palgrave MacMillan UK
Languages:
Original: English
ISBN10:
033361769X
ISBN13:
9780333617694
GPSR Manufacturer Reference:
Weight:
445 g
Height:
140 cm
Width:
216 cm
Thickness:
18 cm
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