On the reversibility of structural reforms

Arbeitspapier

What are the factors that explain reversals in the implementation of structural reforms? Our main hypothesis is that reversals in different reforms are driven by different factors. This paper uses new reform indicators and presents novel evidence showing that (a) FDI inflows reduce the likelihood of privatization reversals, (b) worsened terms of trade increase the probability of external liberalization reversals and (c) labour strikes propel reversals in the liberalization of wages and prices.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: IZA Discussion Papers ; No. 6522

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Macroeconomics: Production ; Political Processes: Rent-seeking, Lobbying, Elections, Legislatures, and Voting Behavior ; Tax Evasion and Avoidance ; Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
• Thema: reform reversals ; price liberalization ; trade liberalization ; privatization ; political economy ; Wirtschaftsreform ; Deregulierung ; Privatisierung ; Außenhandelsliberalisierung ; Public Choice

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Campos, Nauro F. ; Horváth, Roman
• Ereignis: Veröffentlichung
• (wer): Institute for the Study of Labor (IZA)
• (wo): Bonn
• (wann): 2012

Weitere Informationen

• Handle: http://hdl.handle.net/10419/58486
• URN: urn:nbn:de:101:1-2012081412470
• Letzte Aktualisierung: 10.03.2025, 11:41 MEZ