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Economic Reforms in New Democracies
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  • 32 b/w illus.
  • Page extent: 240 pages
  • Size: 234 x 156 mm
  • Weight: 0.36 kg

Library of Congress

  • Dewey number: 338.98
  • Dewey version: 20
  • LC Classification: HC165 .P46 1993
  • LC Subject headings:
    • Latin America--Economic policy
    • Mixed economy--Latin America
    • Democracy--Latin America
    • Europe, Southern--Economic policy
    • Mixed economy--Europe, Southern

Library of Congress Record


 (ISBN-13: 9780521438452 | ISBN-10: 0521438454)

This 1993 book assesses differing experiences of the transition to democracy in the countries of Southern Europe, Latin America and Eastern Europe. The authors try to determine what the conditions for successful transitions are. They argue against the 'big bang' approach, espoused by many advisors to reforming countries, on the grounds that this approach bypasses the newly formed institutions of democracy and, ultimately, may undermine the necessary consensus to support painful economic reforms. The most successful reforms, they argue, have been those agreed upon through a process of democratic negotiation. A new democracy must offer politically important groups incentives to process their demands within the democratic institutional framework; otherwise, their support will be tenuous and the system may collapse under the strains incurred by painful economic reforms.

• This is one of the first books on the recent transitions to democracy to be published • Topical - analyses how economic reforms can be implemented most sucessfully in new democracies • Przeworski's previous CUP titles have performed well (Democracy and the Market (1991), Capitalism and Social Democracy (1985)) and this continues the theme of his earlier work


Introduction; 1. Economic reforms and economic growth: efficiency and politics in Latin America Luiz Carlos Bresser Pereira; 2. Politics and policy: economic reforms in Southern Europe José María Marawall; 3. Economic reforms, public opinion, and political institutions: Poland in the Eastern European perspective Adam Przeworski; Conclusion; Author index; Subject index.


Luiz Carlos Bresser Pereira, José María Marawall, Adam Przeworski

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