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Learning, Policy Making, and Market Reforms
Paperback
EconomicsGeneral Political Science
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ISBN10: 1107569397
ISBN13: 9781107569393
Publisher: Cambridge
Published: Oct 8 2015
Pages: 290
Weight: 0.94
Height: 0.65 Width: 6.00 Depth: 9.00
Language: English
ISBN13: 9781107569393
Publisher: Cambridge
Published: Oct 8 2015
Pages: 290
Weight: 0.94
Height: 0.65 Width: 6.00 Depth: 9.00
Language: English
In the 1980s and 1990s, market reforms swept the world. It is widely believed that the reformist wave can be partly explained in terms of the lessons learned from policy failures of the past. Whereas this interpretation of events is well established, it has never been empirically proved. Learning and Market Reforms is the first study that tests the impact of policy learning on economic policy choices across time and space. The study supports the popular explanation that on average, governments around the world adopted privatization and trade liberalization, and sustained open capital accounts, as a result of learning from the experience of others.
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