From Economic Crisis to Reform - G Pop-Eleches

From Economic Crisis to Reform
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Autor: G Pop-Eleches

 Wydawnictwo: Princeton University Press
ISBN: 9780691139524
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Oprawa: miekka
Stron: 344
Data wydania: ...
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The wave of neoliberal economic reforms in the developing world since the 1980s has been regarded as the result of both severe economic crises and policy pressures from global financial institutions such as the International Monetary Fund (IMF). Using comparative evidence from the initiation and implementation of IMF programs in Latin America and Eastern Europe, From Economic Crisis to Reform shows that economic crises do not necessarily persuade governments to adopt IMF-style economic policies. Instead, ideology, interests, and institutions, at both the international and domestic levels, mediate responses to such crises. Grigore Pop-Eleches explains that the IMF's response to economic crises reflects the changing priorities of large IMF member countries. He argues that the IMF gives greater attention and favorable treatment to economic crises when they occur in economically or politically important countries. The book also shows how during the neoliberal consensus of the 1990s, economic crises triggered IMF-style reforms from governments across the ideological spectrum and how these reforms were broadly compatible with democratic politics. By contrast, during the Latin American debt crisis, the contentious politics of IMF programs reflected the ideological rivalries of the Cold War. Economic crises triggered ideologically divergent domestic policy responses and democracy was often at odds with economic adjustment. The author demonstrates that an economic crisis triggers neoliberal economic reforms only when the government and the IMF agree about the roots and severity of the crisis. Honorable Mention for the 2010 Ed A. Hewett Book Prize, Association for Slavic, East European, and Eurasian Studies (ASEEES).

This is an excellent book which brings a new and interesting perspective to an important issue. With the current global financial crisis heightening demand for IMF resources this book could not be timelier... From Economic Crisis to Reform is an important study and a model of rigorous mixed method research that makes a significant contribution and that should be read widely. As the current global financial crisis prompts a number of former communist countries in Eastern Europe to turn to the IMF for support, scholars interested in understanding how such programs are likely to evolve should start by turning to Pop-Eleches's book. Jeffrey Chwieroth

Książka "From Economic Crisis to Reform"
G Pop-Eleches