State capacity, redistributive compensation and the political economy of economic policy reform

2016 ◽  
Vol 42 ◽  
pp. 462-473 ◽  
Author(s):  
Sanjay Jain ◽  
Sumon Majumdar
Keyword(s):  
Political Economy ◽  
Economic Policy ◽  
Policy Reform ◽  
State Capacity ◽  
The Political

scholarly journals The Political Economy of Policy Reform: Insights from Southeast Asia

2013 ◽  
Vol 30 (1) ◽  
pp. 108-130 ◽  
Author(s):  
Hal Hill
Keyword(s):  
Political Economy ◽  
Economic Policy ◽  
Southeast Asia ◽  
Policy Reform ◽  
The Political ◽  
Policy Issues ◽  
Political Processes ◽  
Economics And Politics ◽  
Political Economy Of Reform

Economists broadly agree on many key economic policy issues, but economics as a discipline has provided much less guidance on why and how economic policy reform occurs and how to develop institutional mechanisms that enable governments to adopt “good” economic policy. Political scientists are adept at identifying coalitions, constituencies, institutions, and interest groups, but they less commonly examine the implications for economic policy. Thus, work at the intersection between economics and politics—of why and how policy reform takes place—remains relatively unexplored territory. This is especially so in developing countries where political processes are more personalistic, institutions often less well established, outcomes more fluid, and the detailed case study literature on economic policy making still in its infancy. This paper provides an analytical survey of economic policy reform in Southeast Asia. It ranges across the major policy U-turns and the incremental reforms, with special reference to macroeconomic management and trade policy. On the basis of several case studies and set against the broader international literature, we advance nine conclusions on the political economy of reform.

WHAT DO WE KNOW ABOUT THE POLITICAL ECONOMY OF ECONOMIC POLICY REFORM?

1993 ◽  
Vol 8 (2) ◽  
pp. 143-168 ◽  
Author(s):  
Stephan Haggard ◽  
Steven B. Webb
Keyword(s):  
Political Economy ◽  
Economic Policy ◽  
Policy Reform ◽  
The Political
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