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The Politics of Economic Adjustment: International Constraints, Distributive Conflicts and the State

The Politics of Economic Adjustment: International Constraints, Distributive Conflicts and the State

Paperback Princeton Paperbacks

Edited by Stephan Haggard, Edited by Robert R. Kaufman

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  • Publisher: Princeton University Press
  • Format: Paperback | 376 pages
  • Dimensions: 154mm x 236mm x 23mm | 535g
  • Publication date: 15 July 1992
  • Publication City/Country: New Jersey
  • ISBN 10: 0691003947
  • ISBN 13: 9780691003948
  • Edition statement: New.

Product description

In the 1980s some developing countries adopted orthodox market-oriented policies in response to international economic crises, others experimented with alternative programs, and still others failed to develop coherent adjustment strategies of any sort. Building on the case studies in "Economic Crisis and Policy Choice", these essays offer comparative analysis of these divergent experiences with macroeconomic stabilization and structural adjustment. Barbara Stallings and Miles Kahler explore the external pressures on governments. Peter Evans and John Waterbury examine the role of the state in the adjustment process, Evans through the lens of earlier historical experience with economic restructuring, Waterbury by focusing on the politics of privatization. Joan Nelson analyzes the politics of income distribution in the adjustment process, and Haggard and Kaufman investigate the political correlates of inflation and stabilization. A final essay assesses the prospects for combining market-oriented reforms with political democratization.

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Review quote

"An impressive effort to summarize the political legacy of economic reform, and to clarify the elusive relationship between political transition and economic change. In its comparative breadth and theoretical depth, this volume has few peers in the contemporary literature in comparative political economy."--American Political Science Review

Back cover copy

This collection of essays offers new comparative analysis of these divergent experiences with macroeconomic stabilization and structural adjustment.

Table of contents

List of Figures and Tables Pt. IInternational Constraints Ch. 2External Influence, Conditionality, and the Politics of Adjustment Pt. IIThe State and the Politics of Adjustment Ch. 4The Heart of the Matter? Public Enterprise and the Adjustment Process Pt. IIIDistributive Politics Ch. 6The Political Economy of Inflation and Stabilization in Middle-Income Countries Pt. IVConclusion Index