ENGLISH

Economic Reforms in New Democracies: A Social-Democratic Approach

By Jose Maria Maravall , Adam Przeworski , Luiz Carlos Bresser Pereira

Book information

Publisher
Cambridge University Press
Year
1993
ISBN
0521438454, 9780521438452
Language
english
Format
PDF
Filesize
21 MB (21762470 bytes)
Edition
Illustrated
Pages
240\243
Time added
2023-01-15 15:08:48

Description

In this book the authors assess the experiences of transition in Southern Europe, Latin America and Eastern Europe in order 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 that 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.

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