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The Institutional Foundations of Public Policy in Argentina


  • Page extent: 254 pages
  • Size: 228 x 152 mm
  • Weight: 0.48 kg

Library of Congress

  • Dewey number: 320.60982
  • Dewey version: 22
  • LC Classification: JL2029.P64 S64 2007
  • LC Subject headings:
    • Political planning--Argentina
    • Argentina--Politics and government
    • Argentina--Economic policy
    • Argentina--Social policy

Library of Congress Record


 (ISBN-13: 9780521854740)

This book develops a general model of public policymaking, focusing on the difficulties of securing intertemporal exchanges among politicians. By using this model the authors are able to derive a series of empirical propositions about the conditions under which policies are likely to be volatile, rigid, or high quality. In addition, the authors combine the tools of game theory with Williamson's transaction cost theory, North's institutional arguments, and contract theory, to provide a general theory of public policymaking in a comparative political economy setting. They also undertake a detailed study of Argentina, using statistical analyses on newly developed data to complement their nuanced account of institutions, rules, incentives and outcomes. Drawing on this research the book explores the reasons for Argentina's seeming inability to design and implement high quality public policies over a sustained period of time.

• Explains how to develop transaction cost models and apply them in a way that expands the understanding of a particular case or cases • One of the few books by economists that takes politics seriously and actually understands political processes; it is a true work of political economy • A methodological primer of how to develop a general model and then apply it well


Part I. An Intertemporal Approach to Policymaking: 1. Sketch of the framework and implications; 2. A theory of intertemporal political cooperation; Part II. The Workings of Political Institutions, Policymaking, and Policies in Argentina: 3. Congress, political careers, and the provincial connection; 4. Federalism, Argentine style; 5. The Supreme Court; 6. The bureaucracy; 7. The nature of public policies in Argentina.


' … this detailed country case study warns against naively technocratic approaches to policy and institutional reforms. Students of political economy, public policy and development studies will benefit immensely from this book … this books is bound to serve as an exemplar for a systematic and integrated study of public policy making in a comparative political economy setting.' Development and Change

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