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The Political Economy of Structural Reform and Fiscal Consolidation Revisited

2013 European Union countries
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Release : 2013
Genre : European Union countries
Kind : eBook
Book Rating : 691/5 ( reviews)

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Book Synopsis The Political Economy of Structural Reform and Fiscal Consolidation Revisited by : Hans Peter Grüner

Download or read book The Political Economy of Structural Reform and Fiscal Consolidation Revisited written by Hans Peter Grüner. This book was released on 2013. Available in PDF, EPUB and Kindle. Book excerpt: "Europe is going through an unprecedented period of fiscal consolidation and structural economic policy reforms. However, reforms undertaken in times of financial market stress may not be politically viable in the long run if they lack the necessary social balance. This paper studies the distributional consequences of European fiscal consolidation and structural reforms and the scope for further reforms. Suggestions for the efficient bundling of reforms are made. The paper also makes suggestions regarding the strategy of international advice to countries which need structural reforms and it discusses the design of international incentives and a possible role for international mediation."--Document home page.

The Political Economy of Reform Failure

2007-04-11 Business & Economics
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Release : 2007-04-11
Genre : Business & Economics
Kind : eBook
Book Rating : 245/5 ( reviews)

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Book Synopsis The Political Economy of Reform Failure by : Mats Lundahl

Download or read book The Political Economy of Reform Failure written by Mats Lundahl. This book was released on 2007-04-11. Available in PDF, EPUB and Kindle. Book excerpt: Economists have moved in recent years beyond analyzing the manner in which the macroeconomies of different countries function and prescribing appropriate policies for dealing with domestic and external imbalances. Increasingly, they have sought to understand the complex interaction between political and economic phenomena. This book considers issues of economic reform in a broad range of settings: * developed countries * transition countries * developing countries Using country specific cases such as Uzbekistan, Burma and Haiti, it focuses on those territories which have encountered problems reforming, allowing the reader to gain an accurate understanding of the factors that inhibit the success of economic reform, the different context in which economic reform is attempted, and the different challenges that individual countries face. An international team of contributors including Bo Södersten, Deepak Lal and Ron Findlay have been brought together to analyze these topical issues, making this an informative and thought-provoking book, of interest to those involved in the field of development studies.

Political Economy of Structural Reform

2006
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Release : 2006
Genre :
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Political Economy of Structural Reform by :

Download or read book Political Economy of Structural Reform written by . This book was released on 2006. Available in PDF, EPUB and Kindle. Book excerpt:

Political Economy of Fiscal Consolidation

2010
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Release : 2010
Genre :
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Political Economy of Fiscal Consolidation by :

Download or read book Political Economy of Fiscal Consolidation written by . This book was released on 2010. Available in PDF, EPUB and Kindle. Book excerpt:

Regulatory Cycles: Revisiting the Political Economy of Financial Crises

2018-01-15 Business & Economics
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Release : 2018-01-15
Genre : Business & Economics
Kind : eBook
Book Rating : 743/5 ( reviews)

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Book Synopsis Regulatory Cycles: Revisiting the Political Economy of Financial Crises by : Jihad Dagher

Download or read book Regulatory Cycles: Revisiting the Political Economy of Financial Crises written by Jihad Dagher. This book was released on 2018-01-15. Available in PDF, EPUB and Kindle. Book excerpt: Financial crises are traditionally analyzed as purely economic phenomena. The political economy of financial booms and busts remains both under-emphasized and limited to isolated episodes. This paper examines the political economy of financial policy during ten of the most infamous financial booms and busts since the 18th century, and presents consistent evidence of pro-cyclical regulatory policies by governments. Financial booms, and risk-taking during these episodes, were often amplified by political regulatory stimuli, credit subsidies, and an increasing light-touch approach to financial supervision. The regulatory backlash that ensues from financial crises can only be understood in the context of the deep political ramifications of these crises. Post-crisis regulations do not always survive the following boom. The interplay between politics and financial policy over these cycles deserves further attention. History suggests that politics can be the undoing of macro-prudential regulations.

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