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The Order of Economic Liberalization

1993-10 Business & Economics
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Release : 1993-10
Genre : Business & Economics
Kind : eBook
Book Rating : 431/5 ( reviews)

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Book Synopsis The Order of Economic Liberalization by : Ronald I. Mckinnon

Download or read book The Order of Economic Liberalization written by Ronald I. Mckinnon. This book was released on 1993-10. Available in PDF, EPUB and Kindle. Book excerpt: Can knowledge of financial policies in developing countries over four decades help the socialist economies of Asia and Eastern Europe become open market economies in the 1990s? In all these countries the loss of fiscal and monetary control has often resulted in high inflation that undermines the liberalization process itself. In the second edition of The Order of Economic Liberalization, Ronald McKinnon builds on his influential work on the liberalization of financial markets in less developed countries and outlines the progression necessary to move from a "repressed" to an open economy. New to this edition are chapters that contrast the gradual Chinese approach to liberalizing domestic and foreign trade with the "big bang" approach followed by some Eastern European countries and republics of the former Soviet Union. Financial control and macroeconomic stability, McKinnon argues, are more critical to a successful transition than is any crash program to privatize state-owned industrial assets and the banking system.

The Politics of Economic Liberalization

2017-10-12 Political Science
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Release : 2017-10-12
Genre : Political Science
Kind : eBook
Book Rating : 222/5 ( reviews)

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Book Synopsis The Politics of Economic Liberalization by : Bruno Wueest

Download or read book The Politics of Economic Liberalization written by Bruno Wueest. This book was released on 2017-10-12. Available in PDF, EPUB and Kindle. Book excerpt: This book analyses the discourses of economic liberalization reform in six Western European countries – Germany, France, the United Kingdom, the Netherlands, Switzerland and Austria. It provides systematic empirical evidence that policy-related discourses are much more than noise; rather, they are detailed expressions of institutional complementarities and political struggles. The author posits that the more open a discourse, the broader the range of perceived interests, which, in turn, increases the intensity of conflicts. Similarly, the more public discourse centres on coordination, the more intense actors need to engage with opposite interests, which most probably intensifies political disputes as well. Moreover, Wueest argues that the formation of a consensus within the political mainstream has left a vacuum for outsider parties such as Syriza in Greece and Podemos in Spain to feed on the contentiousness of economic liberalization policies.

The Politics of Economic Liberalization in Indonesia

2013-07-04 Social Science
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Release : 2013-07-04
Genre : Social Science
Kind : eBook
Book Rating : 793/5 ( reviews)

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Book Synopsis The Politics of Economic Liberalization in Indonesia by : Andrew Rosser

Download or read book The Politics of Economic Liberalization in Indonesia written by Andrew Rosser. This book was released on 2013-07-04. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the dynamics shaping the economic process of economic liberalisation in Indonesia since the mid-1980's. Much writing on the process of economic liberalisation in developing countries views economic liberalisation as the victory of economic rationality over political and social interests. In contrast, this book argues that economic liberalisation should not be understood in these terms, but rather in the way that political social interests shape processes of economic reform in both a positive and negative sense. Specifically, Rosser argues that economic liberalisation needs to be understood in terms of the extent to which economic crises shift the balance of power and influence within society away from coalitions opposed to reform and towards those in favour of reform. In the Indonesian context, the main coalitions that need to be examined in this respect are the politico-bureaucrats and the conglomerates who have generally opposed reform and mobile capitalists who have generally supported reform. Based on extensive original research, and providing much new material, the book considers the politics of economic policy-making in Indonesia in a range of sectors including the capital market, intellectual property law, the banking industry, and the trade and investment sectors. Analysing why the nature of economic policy in Indonesia has varied over time, this study argues that there is nothing inevitable about a transition to a fully-fledged liberal market order in Indonesia, and outlines possible future scenarios for the country's political economy.

The Order of Economic Liberalization

1981
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Release : 1981
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Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis The Order of Economic Liberalization by : R. I. Mckinnon

Download or read book The Order of Economic Liberalization written by R. I. Mckinnon. This book was released on 1981. Available in PDF, EPUB and Kindle. Book excerpt:

The Origins of Liberty

2021-03-09 Business & Economics
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Release : 2021-03-09
Genre : Business & Economics
Kind : eBook
Book Rating : 896/5 ( reviews)

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Book Synopsis The Origins of Liberty by : Paul W. Drake

Download or read book The Origins of Liberty written by Paul W. Drake. This book was released on 2021-03-09. Available in PDF, EPUB and Kindle. Book excerpt: Why would sovereigns ever grant political or economic liberty to their subjects? Under what conditions would rational rulers who possess ultimate authority and who seek to maximize power and wealth ever give up any of that authority? This book draws on a wide array of empirical and theoretical approaches to answer these questions, investigating both why sovereign powers might liberalize and when. The contributors to this volume argue that liberalization or democratization will only occur when those in power calculate that the expected benefits to them will exceed the costs. More specifically, rulers take five main concerns into account in their cost-benefit analysis as they decide to reinforce or relax controls: personal welfare, personal power, internal order, external order, and control over policy--particularly economic policy. The book shows that repression is a tempting first option for rulers seeking to maximize their benefits, but that liberalization becomes more attractive as a means of minimizing losses when it becomes increasingly certain that the alternatives are chaos, deposition, or even death. Chapters cover topics as diverse as the politics of seventeenth-century England and of twentieth-century Chile; why so many countries have liberalized in recent decades; and why even democratic governments see a need to reduce state power. The book makes use of formal modeling, statistical analysis, and traditional historical analysis. The contributors are Paul Drake, Stephen Haggard, William Heller, Robert Kaufman, Phil Keefer, Brian Loveman, Mathew McCubbins, Douglass North, Ronald Rogowski, and Barry Weingast.

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